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Had a productive globex session and wasn't going to trade much during day session. But 6e was working out so well that I took a long according to where I think it would hold. But move was so powerful it just kept going. With the cushion I had built. Ignored my rules and thought how bad can it be and just held one. Well that one 1 contract cost me almost $500 in the end. Was lucky to close the day green
10/27:
Had a trading Bias going into the day with the GDP report. The idea I had was NQ would go up after open to shakeout more short. then Drop for a potential blowoff top. Well I long the open, made average of 8 points. Even waited a while till I thought momentum is dying and started fading. It was just a horrible read and kept insisting on my bias.
Ended up doing what I tried to avoid all these times, fading a trend day and kept averaging in. Haven't had such a strong trend day in a while now, so was very disappointing in myself getting caught. BIAS IS BAD! GO WITH THE FLOW!
I busted out on the trend day Oct 31th, fading NKD. boy did I get run over quickly. Silly trade in the combine. I restarted to try pass it before the monthly bill hits.
Restarted fresh and decided to make some changes on how to do this combine. I find that in a way i'm a trading addict and just loves to be in the market looking at charts etc. Day in and out. But it is mentally draining and probably catching up to me.
Gonna not monitor as many markets as before. just 2-4 maybe. NQ will still be my main Day trading Instrument with ZB and a few others when good scalping opportunities comes along. Will focus solemnly on Posting NQ charts.