Wednesday Log - Daily Limit + MLB

Waited for the market to open before entering a trade but in the end I should have waited longer. I could not get a feel for the market. I had what I thought was a good plan but did not turn my ideas around quickly enough when the range did not materialize . Initial trades were short then long but I found myself getting faked out. Two trade Result: -6.0

Tried a couple more trades in mid morning session one in each direction but found myself pressing which is never good as the market rotated, head faked and got the best of me. Result: -4.5.

The rhythm of the market could not be captured by me today. I realized anxiousness creeping in and combined with some late morning interruptions as well as my plan to watch afternoon MLB play-off baseball, I decided to shut down early and re-group for Thursday. I feel I do have a better handle on my discipline to stop trading when "I'm not in the game". I the past I would continue to trade "to get even". No more. Daily limit of loss hit and we wait to trade another day.

Trade Well !