0 ES ( 3 Trades: 2 losses; 1 win) couple missed opportunities was conservative and Friday first half was slow




Somewhat ok morning volatility until about 10:30am
then dead until after lunch which was odd for a friday.

Couple opportunities to get in, but also couple failed opportunities that I did not get in which saved me from wiping out my ZERO DOM

Total of 3 trades, first two were loses with one last chance for a gain, which was an OK trade, but did not hit our target of 3pts and closed at 1.75 which ended my day at ZERO DOM

T1: -1.25 was trying to catch the bounce top, was little to early. Divergence on MACD
T2: -.50 same idea as T1, was little quick on the trigger to get out, would have worked out.
T3: +1.75 Finally got that top and nailed the exit by luck!


+1 ES ( 1 Trade 1 win) choppy market, missed some entries was to conservative because of yesterday



Was little conservative today. Missed some aggressive entries that could have panned out ok for a scalp.


T1: +1
Traded 1597 it was trending long
looked for entry at 233 and 144
Was risky since it could have bounced off EMA and went down more

-3.75 ES ( 3 Trades 3 losses) Followed the rules of 3 losses. Bad discipline getting in to early



Summary:

T1: -1.25 Tried to get in early after open to "go with the flow", I did not use any other analysis. got chopped up pretty fast, even though I got signs of weakening, could have salvaged some ticks in SL if closed early, but at hte same time at the back of my mind I was hoping for it to go down more, considering previous times when i closed to early missing out on the move entirely

T2: -1.25 After price reversed and moved passed mini resistance level, I went long on a bounce, used macdbb 144 to get in. again could have salvaged the sl, but, did not want to miss out if it was the move. need to think about the sl salvaging strategy.

T3: -1.25 Previous swing low did not reach previous low, and I traded bounce off of EMA from 144, had no chance to salvage SL at all

Takeaways: 

I have to treat each trade as a "present" that if I lose I have to give that "present" away, this way it will keep me cautious to take that trade and treat it more carefully. Only 3 presents a day to give away!




-7.25 ES ( started with out MACD indy, was distracted at work, and making trades bluntly without research and accuracy)


19 Trade!!! -7.25 ($-362.50) imagine commission on top of the loss as well 4$ * 19 = 80$ (-$440 total)

Perfect example of what could happen when not sticking to your rules. After Three (3) looses I should have stopped.
Also, T17 & T18 where taken as revenge trades with increased stop in hopes of market to go down. And if you remember what happened when I started doing that in Forex, I blew up my account. so  big NO NO!

Over trading!

Not following Rules!!

No indicators!!

Distracted!!

Choppy market!!




+2.75 1 Trade right after market open bell with the trend bounce off of EMA's


T1: +2.75
Lucky trade with the trend on the break lower and bounce off of EMA, was kind late entry, and did not wait until 3pts were hit, which it would have.

+1.50 ES Two losses 1 win ( first trade could have been BE)


T1: -0.25 could have been BE it I was not trigger happy, but overall ok trade management

T2: -1.25  Tried bounce off of EMAs did not work hit SL pretty fast. Did an opposite trade right away which was T3 and was good

T3: +3 After T2 failed I did T3 as revered trade and it hit target