I took a small 6 tick risk at open and got short 2 contracts. I felt calm and collect T1 was fixed at $200 and T2 was yesterdays GAP fill Target on .D.
Order filled and rolled hard asap, T1 was hit in 5 minutes and T2 target set.
Market RALLIED back HARD in 8 minutes and HUNG out below my entry at that point there is NO POINT in taking off $50 bucks to be RIGHT the process is ABOUT runners.
My rule should be ~ once I TAKE T1 and rip past X amount I should LOCK in T1 AGAIN on 2nd contract
Regroup take a deep breath and START fresh
How could I know OUTCOME I need to PROCESS setups to GET RUNNER so go easy on yourself and get a detailed rule for MISSED T2 targets
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-20 09:36:50 | NQZ6 | sell | $4828.00 | short |
2016-10-20 09:38:43 | NQZ6 | buy | $4818.00 | short |
2016-10-20 10:01:05 | NQZ6 | buy | $4829.25 | 0 |
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