ES 5/27 - 5/30 +9.75

Got 9.75 points for the week of 5/27 to 5/30. I ended up trading on 5/28. The car repair work would take a few days, instead of just a few hours. Had to leave it with the dealership. Took the subway home and was back staring at the screen a little pass mid-morning.

5/27 = +3.25

5/28 = +2.25

5/29 = +2.00

5/30 = +2.25

Light volume +3.25

Not much volume today...as expected, the day after a major holiday. Won't be trading tomorrow, as I'm helping take my b-in-law's car back to the dealership for service. Was there last Friday for them to repair the A/C. It was not blowing cold air. Turned out to be a broken fuse. Total damage was $211, of which $2 was for the fuse. The rest was labor cost. Dag! Anyway, the A/C was once again cold...for a few hours afterwards. By night time, it was blowing regular air again. I'm hoping for free service this time around, as it doesn't seem like the dealership did a proper fix the first time.

ES 5/19 - 5/22 +8.00

Netted 8.00 points for the week of 5/19 to 5/22. Was running errands on Friday 5/23, hence no trades.

5/19 = +1.25

5/20 = +4.00

5/21 = 0.00

5/22 = +2.75

Can't see the forest...+3.50

I sometimes have a tendency to not see the forest for the trees. Two examples of this today. First, went short without checking/noticing that I was entering at the support area. Was too mesmerized by the very fast bearish bar that formed. WTF?!? Stupid reason for entering. Prices then came within 1 tick of triggering a full-blown 2 points stop. Would've ended my day right there and then. Second, missed a great long setup, due to the fact that I didn't have the main trend lines in place. This was b/c I was so concentrated on looking for trades on the short side. The subsequent move up turned out to be the biggest move of the day. Dag!

Very volatile +3.50

Volume came back today with a vengeance. Market on a downward trajectory. There were a lot of opportunities, but was hesitant to take any, after reaching my daily target. On my 2nd trade, though, I nearly wrecked the day. I went short near what would have been the bottom at that time. Was able to bail out for a tick gain, just as the market was reversing. Whew!

Added another late trade - a failed 2nd entry long. As the price action changed, I adjusted my trend lines accordingly.

Glacier movement +2.00

The volume this week has been quite low. Today's price action, especially the afternoon session, was just a tad faster than glacier movement and less exciting. Have been stuck in a tight 1-3 points range, since about 10:30 EST. When a bar takes about 10 minutes to complete, there's a high chance of being induced into a coma.

Slow moving +3.50

As slow as yesterday, but in a more tighter range.

Did one more trade, after lunch. 

ES 5/12/14 +2.25

Not feeling it -0.25

Not feeling it today. Missed a couple of decent setups. Also, did a stupid thing. Was mad for missing the boat, after seeing prices rocketed up and kept going higher. Therefore, I went long on the next bullish candlestick that showed up. Retarded! Ended up buying near the high of the day (2 ticks short of the high). Buying high + selling low = donation. 

Should have also followed my gut feeling to exit a losing trade early to avoid a full stop loss. However, hope always prevented me from doing this. Hope that the price reversal was just temporary. Hope that prices would move in my favor again. Also, afraid that should prices go in my original direction again, I would miss out by not sticking with the trade. Need to jettison this and just bail at the first sign of trouble. Just leave hoping to the Mega Millions and Powerball lotteries.

Done for the day +1.25

Ending early, due to allergies, which is affecting my concentration. Allergy season is pretty bad this year.

A lot of movement +3.00

Was gonna stop trading, after getting 2 straight winners. However, a short trap opportunity presented itself. Didn't get much out of it, though, as I was shaken out for only a couple of ticks. Would've gotten my full target, had I held steady.

ES 5/6/14 +1.75

Loser on the 3rd trade. Not surprising, given past records. Maybe should just stick with 2-and-done.

Wasted opportunities +1.50

It was a mostly uneventful day, which I sometimes find difficult to trade. Slow days = more time to think = analysis paralysis. Hence, didn't act on a trio of good long setups (talked myself out of taking them). Should have acted, instead of thinking too much.

Also, going forward, instead of posting on a daily (or almost daily) basis, I might just do weekly postings. 

Batted 4-4 for +4.25

Traded single lots today. First time that I could recall where I had 4 straight winners. 2 straight was my sound barrier (max). After that, it's mentally very hard for me to risk entering into a 3rd trade. Main reason being that I lose -1.50 to -2.00 points for failed trades vs making +1.00 to +1.25 for winners. Doesn't help that most of my past 3rd trades were losers (I think).

ES 5/1/14 +2.00

Difficult to trade today, especially the afternoon session. Slow and hypnotic.