Well, not necessarily. It depends on how you track demand and supply and what you want out of this. I urge people to find reasons to stay in, not to get out. If you had legit reasons for believing that price was in trouble in real time, then sure, keep your demand line tight and get out where you got out. Otherwise, be a bit more flexible in how you draw the line. We're talking about only a point here, and given what you've made, or should have made, a point is bupkus. And given that the ES has only 30pts to go to reach the top of its trend channel, I'd want to find any excuse to stay in.
Waiting for a break of tight s/d lines to exit would be an improvement on the way I do things. I tend to take profits too early and then try to reenter with a continuation.
After three years, I suspect you have a lot of negative self-talk banging around your head. Takes time to neutralize it. On the other hand, if you look around at what others are doing, you pretty much have to feel better about yourself. If you want, plot this stuff on a 1m chart beginning with the open and see how it looks. You may reach more clarity.
Working on that Db. I'll give it another try next week see how it goes. Thanks for your comments, they are appreciated.
Is it a question, a plea, or a scream? If alligators got wings, they still would have trouble flying. Gringo
Thanks for all the time and help during the week, lots of thing are clearer now. Will adjust some things in my trading plan and will re-test it with the new insights.
I hope that someone completed the exercise for last Friday, i.e., through the end of the day, since yesterday was virtually identical.