Feeling calm, rested, balanced, ready to go into the market and do what I need to do: have small goals and have reasonable analysis. Prepared to take a loss, and to be content with a small loss. Prepared to take profits and be content with small profits.
Looking at the market now, after yesterday’s massive selloff, it continued overnight, capitulating this morning at considerable daily level of 3700 opening near there & bouncing from it. Right now we’re in a chop zone just below 3750 but looks like there is potential to breakout, but the time to enter doesn’t seem to be ideal. I could probably skim a couple points, but it’s supper choppy right now.
I got in, I got out, and I accomplished what I set out to do. There was a flush, with a correspondence in the TICK, I saw the chart push down out of it’s small consolidation, breaking the previously holding lows, I entered late, saw the flush continue but then spike back up, at which point I had moved stop to break even. I entered again when I saw the tick remaining below zero & seeming to push lower, also on 1m chart there looked to be weakness. Got in, set small goal, set limit order, got filled, got out.