Monday, January 6, 2014

ES 1/6/14 +0.50

Not a good day. Made a few mistakes, due to not thinking clearly and keeping my emotions in check. Sometimes I tend to do tunnel vision trading - jumping in on a trade, just because the setup looks good without looking at the bigger picture (e.g. short trade @13:37). Also, I tend to revenge trade, after getting stopped out on a prior trade. Instead of waiting for prices to pullback, I have the tendency to just reverse immediately. This almost always lead to very bad fills (e.g. short @15:35). Anyway, after factoring in commissions, I netted $4.90. Enough for a cup of coffee and a donut at Dunkin' Donuts.

E-mini S&P 500 Futures chart for Monday 1/6/14
ES chart 1/6/14

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