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Goal for the day Several big news events today, continue with 2 trades, work on entering earlier and runners.
End of day summary
Great disappointment with my trading today. Broke my 2-trade rule for starters, then broke my 2-point Stop rule. After the CPI news and the 40-point jump in the market I became bias with the market retracting and recovering the 40 points. I couldn't shake that bias all day, down to my last trade. I cannot understand how this or any market can continue higher with what is going on in this World! Oh well, what did I learn? Nothing is guaranteed, trade what you see, expect the market to continue higher for the foreseeable future.
Overall overlooking the rule infractions, I managed to make a profit of $5 bucks! I made 8 trades, 2 were at breakeven, 1 loss (-24 ticks), 5 winners (+31 ticks) total (+7 ticks)
Thoughts
I stayed with it all day with a couple breaks. Felt like I put a hard day in at the office. I let my bias affect my trading while breaking my rules. I can continue to work hard like this making multiple trades or make a couple smart trades early and enjoy the day, that is once I become profitable with the funds to trade.
End of day summary Was unable to read the price action early, 5 losses 1 win. Took a couple hours break, returned to make 5 winning trades and on the last trade I let the price action touch an order entry while holding with left mouse and that cost me 3 points. Prior to that I had recovered half of the morning loss.
Going to take a break from journaling, I have been spending too much time at the computer posting and I feel it is affecting my trading.