boston, MA
Experience: Beginner
Platform: ninjatrader
Trading: emini
Posts: 69 since Mar 2016
Thanks Given: 3
Thanks Received: 65
|
Update 10/26 -10/27
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!
|