Missed my entry earlier around 4760.. so much volatility today! Most likely done for the day.. high probability the market will rally for the rest of the day after such a large sell off, but a lot of weakness still displayed. Not too sure which side to take at the moment.
2016-12-01 Summary Daily P&L: +$147(2 trades, 1winner, 1 loser) A lot of weakness exhibited early on today, so I continued to stay on the short side all day. Too bad I was early on trade 1, which could have been a huge profitable one had I been more patient and entered between 4795 and 4800 (as the market dropped, there would have been more flexibility and cushion for the market fluctuations and high probability to capture additional down side profits). It's all about execution!! Another thing I noticed was I don't get as emotional anymore once I get stopped out and the market continues to sell off. I used to obsess over lost potential profits, which ultimately resulted me in rushing entries and trades turning into losers. I guess this is the result of losing so much all this time! It's all about execution!!