Finally got to trade yesterday and today.
+200 W, +900 Th
Today is a reminder how mechanical markets are. Major trend reversals and minor continuations occurred in very predictable locations. I've revised my plan to include stacking as many reasons as I can to take a trade, without getting too complex. To take a trade, I have 2 main criteria, but adding more seems to increase odds of success, though I haven't come up with stats to confirm it. This year, my entries are perfect. I just need to work on my exits...
My initial position was worth at the max (3 ctx * 20 pts * 100$/pt = $6,000) but I scaled out for $900. In order to get to the level I want, I need to be able to do nothing for hours... which most sane people have trouble with. I have also been accused of having ADD, but I'm pretty sure it's just has to do with my interest levels.
The second trade I took today. Made a mistake and bought accidentally, but didn't hold nearly long enough. And there was no good reason to get out - all the waveforms were saying on downward.
