O/N up on Asia and Europe. ES touched 1134 of last week's support and bounced.
No Major news today. Market started going up from opening and grinding up. Most of my ES trades turned out to be counter trend. My mind set influenced my Vader's C-trend entries. Must learn to be adaptive and be willing to change bias as the price action is showing.
Still working on my swing trading management. Taking bigger stops and small winners in the name of not losing money. It should be based on set up and risk tolerance. Today's coffee trade was a good example. I had a stop point identified and it was higher than Dave's. I wanted to have a better result than his so I moved my stop lower. The price stopped me out and moved down. It didn't reach my logic stop which was only few ticks up. Similar cases in two recent bound trades caused me missing $7k profit.
Discipline produces consistency.
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