2016-09-23 Summary Daily P&L: +1.50 (3 trades, 1 loser, 2 winners) Trade Summary Trade 1: Thought the market would continue to trend downwards. [-8.00] Trade 2: Market failed to break upwards past the wedge formation. Broke below the support line. Profit-take was entered close to intraday lows. [+5.25] Trade 3: The market broke below the intraday lows and exhibited strength on the sell off. [+4.25] Looking back at my trades over the past few weeks.. it is evident that my first trade is almost always a loser, and a large reason why I continue to remain hovered around the break-even level on days like today. Going forward I will continue to be patient, envision where the market will end up, and also for the first trade I will only mentally trade it (a paper trade of the paper trade). I find that as the day progresses.. my probability of entering a profitable trade increases as chart formations have formed and the intraday range has been developed. Weekly P&L:-8.0