Hello. I missed my inside support trade identified in the morning prep this morning. After that, there were not any prime setups for the rest of the day as I was out of sequence.
The worst thing a trader can do after missing a prime setup is come in and start taking stupid trades. I have learned this the hard way many times.
While it may not be good for increasing blog readership, standing aside preserves capital and keeps my equity curve going in the right direction.
There have obviously been some execution problems the past few days. I think after having 3 posts in the past week showing missed trades that it is time to push to button properly.
Contrary to popular belief, good traders go through rough cycles and have to fight back just like everybody else. There is no fluff in this blog.
While I am not really losing (which WILL happen sooner or later temporarily), there has been a bit of a grind that has started to develop in the short term.
All I can do is come in tomorrow and follow my plan. The act of writing this information down should help work through it.
BTW, we really nailed the LOD and inside support zone on the prep this morning. I will stack it up against anything else out there I have come across. It is a unique way of looking at structure that was taught to me.
I still have finish the job by executing it.
I posted a midday VIDEO that I think you might find helpful.
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