Monday Log - "Holiday" Trading

Planned to only trade the first 2-3 hours max. I let the market work for the first 15 minutes after open before going short in upper 74's with one point stop at demon's feet. Looking for 1/2 gap and scale out out below that. Was stopped out with high reaching 2 ticks beyond my stop before rotating between 74-75 for the next couple hours. Result: -3.0

I called it a day as I performed some tasks around the house and checked back in around 1500. My inclination of 1/2 gap filling was and ultimately the full gap was hit...but without me along for the ride. In reviewing my one trade, it was a decent fill although I was thinking 75-76's for initial fill but did not wait. This caused me my "Holiday" trade. I figured if I could get in during the first hour, I could have the patience to ride it down to at least 1/2 gap.

Columbus Day "holiday" is not a big one but it certainly limited market action. I planned properly by getting filled in "decent" area but should have waited for a point higher. I anticipated a fairly tight range and rotation before moving one way or the other. Everything happened as expected but without me on the ride. Win some, lose some. We'll get 'em tomorrow.

Trade Well !