The CL/NQ experiment

Because that is what I think is the right approach to maximize profits.

 

Back to 0 (took 2 months)

 

Only 1 trade today.

 

Cumulative and average 5 day (1 week) results.
The average is almost back to where I was before the big drops.
The average after the big drops is lower than before probably because I trade 1 and 2 contracts whereas before the drops I traded 2 and 4 contracts.

 

Back under water.

 

4 trades today.
Mostly in the right direction but was stopped out.

 

To me, your stops don't make sense, technically. They're along the path of acceptable adverse excursion instead of at levels where the thesis for the trade becomes suspect.

 

I derived my stop loss from historical MAE.
Today I moved/set my SL to minimize a potential loss and in the process I cut the branch I was sitting on so to speak.
Had I kept my calculated original SL or put it at , it would have been a great day.

 

Through our fear-induced behaviors, we end up attracting that which we fear.

 

I am not sure that I believe in the above law of attraction but thanks for the comment.
I would be looking for a more rational reason for my losses yesterday.

Gabe