I had a strong feel on the market this morning, and my primary hypothesis was playing out very well. I was able to capture several lovely trades during this time. After lunch we formed a tight consolidation which I played very poorly. I waffled all over the place, paying my broker and allowing the locals to make me into delicate sausage. Then my discipline broke in the afternoon where I could be seen waffling out of a good short and then greedily expecting too much from my fade long. This breakdown in discipline gave back half the days gain and plummeted an otherwise solid win rate I had going. Here is a chart of the performance:
I expected more from my book of risk too, which instead received several kicks to the scrotum. I changed nothing and will see what tomorrow brings.
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