Two Bad Days

I've had two bad days. I will say that they did happen after adjusting my model and testing it and of course, having bad entries. It was frustrating, it always is, seeing you win so much and then blowing it again. I guess this is where the discipline comes in. The problem today wasn't only the entry, but also using all my bankroll at once, knowing I didn't have to, knowing I didn't believe in the trade.

Either way, today's post is short. I've reverted my model to the original model I had before making adjustments to it. The truth is, my own pattern recognition is better than the mathematical figures at the moment. I'm not sure how to work around this right now.

Either way, for tomorrow, I am thinking XLI, XLU, and possibly XLK as prospects. I am almost opposed to XLK tomorrow overall as it is what brought me my losses today. However, knowing you can't beat the logic I use. The volume was heavily controlled by the sellers, and yet it still ended up in the positive.

I'll monitor the sectors the first 30 mins. If something is promising, then I'll take it. Otherwise, I will take a break tomorrow to reset.