Monday, December 21, 2015

20151221 - Default behavior

Today, I had a simple but tough-to-implement plan. But early on, when I did not get any entry signal with the plan, I fell back into my default behavior. My default behavior is find a set of rules that have a statistical or visual +ve expectancy, and trade it mechanically to death. Then when a whipsaw occurs, I begin the process all over again.

Today, I traded the "fewer trade" variation of the SAR system that I used on Friday, which meant that I missed the opening move.

Day Trading: Nifty M3 Candlestick Chart

No comments:

Post a Comment