Trader P/L 2009

It's 2:00pm EST...

1) The daily ES says long.
2) The four-hour ES says long with a minor chance of a reversal around the 1037-1038 area, which is derived from daily and four-hour.
3) The two-hour NQ says long.
4) The two-hour ES says long.
5) The two-hour DOW says long.
6) The 5-minute ES says long.
7) I tell myself, It's 2:00pm EST and we're hanging around the highs. Price has bounced up off 1031.75 multiple times now, so a break below 1031.50 is likely a bear trap. I see this happen.

Conclusion? I go short.

The market says, "here, have some money." I reply by slapping it in the face and doing the opposite, then I get crucified. I am so very tired.
 

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Didn't get around to posting last week (got stopped out and was flat on Friday), but took a good hit - about -$200 I'd say.

Today +$155.36
 
The spread i'm trading isn't being nice to me. The correlation is out of wack and I had to credit trade my way back close to break even. Unfortunately the riskware is only counting the gross so I'm shut down. Net should be less will find out tomorrow.

-21
 
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