The CL/NQ experiment

[Gabe2004]

A good day profitwise but bad with respect to following the plan and the rules.
I have to check and see whether the good run that I had in December was due to luck or an edge.

 

[Gabe2004]

Still in recovery mode.

 

[Gabe2004]

Not a great day but in the right direction.

 

[Gabe2004]

Almost back to breakeven.

 

[Gabe2004]

Only 2 nibbles today.

 

[Gabe2004]

Almost there.

 

[Gabe2004]

Just 1 trade today.
Got out too soon (chickened out).

 

[game]

Quote from Gabe2004:

Just 1 trade today.
Got out too soon (chickened out).

Assuming you had remained in the short as per plan, where would your hypothetical exit have been and what would it's basis be?

 

[Gabe2004]

I should have trailed the 2nd contract just above the high of the previous 5 min bar.

 

[game]

Quote from Gabe2004:

I should have trailed the 2nd contract just above the high of the previous 5 min bar.

Why?