If stopped out on this 3rd trade, I will then be looking for a place to add to my bet on the next trade
clearly the market is trying to advance (or at least doesn't show downward momentum). I stopped myself out at 1277.75 for a 1 pt loss. No position for right now. Will most likely increase bet on next trade.
clearly the market is trying to advance so I'll put on a new short here at 1277.50 unfortunately market lets you be slightly right so you continue to think you are managing trade correctly. Just a matter of time. poof!
A "wrong" position can tell you probably more about a trade than a profitable one. He's probing and doing just fine. Leave him alone.
If you find a reliable trend definer the biggest part of a succesful system is created. All you still need then is the finishing touch. I am long since the opening.