Coming into this morning I was short 1 ES, and I didn't want to have this risk at 8:30, so I decided to either cover the ES or sell one ZN. At about 8:15 I decided to short a ZN instead of covering the ES. I was waiting for a good entry point, and a few came and went, then it was getting close to 8:30, and to be honest, I don't remember why exactly I did not short the ZN before the news came out. I remember counting down the seconds, but for some reason I didn't take action. My strategy would have worked perfectly, and I would have made about $400 instead of losing $600, which is of course what happened.
Since then, I have been trading normally, I did short the ZN at 8:36, covered the ES and went long, shorted the ZN a few times, went long ZN a couple of times, long ES a few times (all one-lots of course), didn't do much in the afternoon, because I was suspecting the ES would come back down, but I don't trade against the trend of the day in such a case, so that meant sitting on the side lines.
All in all, it has been a good day, I am satisfied with the way I traded, except of course the mysterious outage my brain must have had before 8:30. My total P/L since 8:29 is about negative 200 bucks, which means (for my style) I would have had an above average day if I add the $1000 my little indiscretion cost me.
Now first of all, those of you who hate me or would hate me if their superior mental capabilities did not prevent them from feeling any form of hatred, feel free to gloat. I deserve it.
Secondly, has anyone had a similar experience? I know I have been having the usual problems with discipline we all must have had at some point, keeping losers too long, overtrading, etc. But I have never had an experience like today, where I decide on a strategy and simply fail to execute it without even remembering the reason. Is this at all a discipline problem, or am I just a moron? Could it be something like ADD or ADHD? I remember being very focussed on the computer screen and listening to CNBC. I didn't turn away or fall asleep, I just didn't execute the trade. All you Sigmund Freud wannabes, please analyze!
Since then, I have been trading normally, I did short the ZN at 8:36, covered the ES and went long, shorted the ZN a few times, went long ZN a couple of times, long ES a few times (all one-lots of course), didn't do much in the afternoon, because I was suspecting the ES would come back down, but I don't trade against the trend of the day in such a case, so that meant sitting on the side lines.
All in all, it has been a good day, I am satisfied with the way I traded, except of course the mysterious outage my brain must have had before 8:30. My total P/L since 8:29 is about negative 200 bucks, which means (for my style) I would have had an above average day if I add the $1000 my little indiscretion cost me.
Now first of all, those of you who hate me or would hate me if their superior mental capabilities did not prevent them from feeling any form of hatred, feel free to gloat. I deserve it.
Secondly, has anyone had a similar experience? I know I have been having the usual problems with discipline we all must have had at some point, keeping losers too long, overtrading, etc. But I have never had an experience like today, where I decide on a strategy and simply fail to execute it without even remembering the reason. Is this at all a discipline problem, or am I just a moron? Could it be something like ADD or ADHD? I remember being very focussed on the computer screen and listening to CNBC. I didn't turn away or fall asleep, I just didn't execute the trade. All you Sigmund Freud wannabes, please analyze!
