10-27 trade

10-24

+22

strong move up.  i didnt feel i did well on the exit.  The market broke its high

and i wasnt sure where i wanted to cover.  It was moving fast and I had seconds to decide.

I was up 5 ticks and then up 30 ticks faster than i could process what the hell i wanted to do.With the CL looking to be way up there i decided to take a scalp but this baby ran higher all day.  thats trading     

10-21 trades

                                                                       
                                                                                 I hate getting it right but still getting it wrong.  not very smart to wait for the last hour to trade CL.  I expected a strong sell off or a short squeeze but not sloppy price action.  I tried to ignore it was late Friday as I had the read where the market was going.  the Market failed to move lower and you can see it exhaust but timing the move up was no walk in the park.  The set ups were not the best after looking at them.. it always seems that way right???

10-20 TRADES

                                                 With baseball world series going on and the home town team in it I have to say I was lucky to stay up late with a few.....well ok lots beers and wake up too tired to engage in this market.  About 2 hours of watching the markets flip flop direction back and forth i had enough and called it a day.  Only bad things happen when I try to pick sides on direction.                         

here is the later movement for review.  Were there clues?? I'm sure there is some

Days like this there is fine line of being a visionary, planning a trade, and forcing the market.  Sometimes I get it all confused.  Its important for me to realize when i do have it all wrong and stay out.  

10 19 trades

no trades on 10-18   CL roll over and tough read  overall.  I decided to not trade.  10-19 S&P slap chopped in a tight contraction most of the day.  CL offer a some trade worth jumping into.  the Chart above shos morning trade and then in the after noon how I planned out my next trade.  I was  spinning my web looking for the trapped traders on the short side so I could take the other side but i was wrong in that direction.  I can see were the analysis was off as price return back into the range.  This is usually bearish but today i was holding truth that once the S&P broke up out from contraction it would send crude and the rest of the market with it.  I was wrong.

As I waiting for price to correct and then trap shorts the move lower happened and the bears remained in control.  My analysis was wrong and now I have to regroup.  The hard part is once its clear on direction most of the time its too late.  Ive been a sucker for trading at these levels and get burned most of  the time. Today i just execpted i was wrong on my original analysis and looked for the next \wave to trade

Here are the trades I took for the day

Timing of the entries.  

Even thought the P&L was up for the day the part to remember is trade the analysis, admit when your wrong and wait for the market to come to you.  I dont have to be right all the time.... just most of the time  ;)

10-17 trades

                                                                        +180
                                                              silly price action today

10-13 and 10-14 trades

-300 on the day & -600 or something  like that, for the week   i lost count:

With your feet on the air and your head on the ground

Try this trick and spin it, yeah

You head will collapse

But there's nothing in it

And you'll ask yourself

Where is my mind

lyrics from the band Pixies

great song and that song popped in my head after trading like shit today. I felt like
i lost my mind today.  I even moved over to crude to get some action to I could fight back.

10-12 trades

                                                                             -4pts
                                                           EOD had me frustraded as hell

10-11 trades

+3pts

little conviction for me today.  

10-6 and 10-7 trades

10-4 trades

                                                                             fast whipsaw action

10-3 trades

                                                                         

9-29 trades

-28 ticks (7 ES pts)

Just when the fight was looking good I took an upper cut then a right and left hook to the head..

My battle of new equity highs continues as I cant seem to move up.  This was one of my biggest intra day hits.  Its hard to take in.  

The market is  moving in big swings.  I seem to be having a hard time

picking the right areas to trade off. I"m sure somebody is making some serious cash with these moves. 

As Rocky says "you go to be willing take the hits"

9-28 TRADES

FLAT

9/23 trades

+15 Ticks

I didnt trade yesterday on 9-22.  The market sold off big over night.  I usually don't trade well  on those days. There is little opportunity to fight so i stand aside.

I wore myself out in the morning session and was done trading by lunch. I have to keep reminding myself Im fighting to win not fighting to not lose or break even.  Maybe thats why ive sturugled with new equity highs.  Break even feels good after a drawdown and my mind responds differently after the fight to get back than it does when I'm down.  I'm fighting when I'm down like I have nothing to lose but comfortable when I'm up. Only winner is the broker. Ill have to dig in the mental side and open YTC vol 5  ;) 

9-21 trades

                                                                         +3pts
Change of pace and took a trade on the ES. I was done trading after my one trade. Things got sloppy and I wasn't going to watch it since i was only trading the morning session with it being FOMC day  BTW  operation twist??? wtf  kind of name is that.
                                                           
                                                         

9-20 trades

-29 ticks

got punched in the face a few times today

9-19 trades

+22 ticks

  I think i had a good read on the market but timing the price action was tricky.  Todays plan was to have patience and see which side was going to fail. and work the other side.... um wait isn't that the plan everyday..  Anyway with a big gap down it almost seems crazy to be long all day but thats the read I got.   I had to fight all day trading punches with the market.  I was able to hit back a little harder enough to come out ahead.  Tomorrows another day and another match.

9-15 trades

+85

9-14 TRADES

                                                                          +115