Tuesday Wrapup (12/1) - $617 gain

Solid day overall despite misfiring on my first 3 trades of the day. Hit on my last 4 to end the day up nicely. Also of note I was profitable today despite not taking 1 long trade!

First trade of the day was short pullback taken at 6:30AM EST.  We had made a lower high on the 1000 tick chart and I placed my stop 1 tick above this prior high.  The overnight high was just 2 ticks away.  Sure enough we rallied to the overnight high (but didn't punch thru), stopping me out in the process before heading lower at least temporarily.  So starting the day off with a $187 loss.  Even though my stop placement might have been less than optimal at least I kept it in place when I was tempted to move.  In hindsight, probably should've skipped this trade as it wouldn't have been worth the $300 risk I would've had to take with better stop placement.

Best trade of the day came after lunch around 1:30 PM EST.  We broke out to new highs on a nice volume spike which I entered at 1111 as a countertrend trade.  Took profit on 1 lot at 3 ticks and normally I would've scaled out of the other 2 lots at successively lower prices.  In this instance though I sensed we may have put in the HOD and VIX was rising too.  So I elected to leave my orig stop in place and let the last two lots ride.  Near the EOD I closed out the last two lots for 4-5 pts each.

Approximately 15 mins before the close I entered a short pullback which was a bit ill-advised.  First I entered the setup at least 2 ticks too early.  Suffered a 1 pt drawdown before the trade moved in my direction.  While this trade made $138 on 3 lots, I've told myself in the past I wouldn't enter trades after 3:30 and here I was doing it again.  There's just too much volatility in the last 30 mins to exercise solid risk management.  Need to quit this once and for all.

Nonetheless, still a solid day.  And today marks my 6th profitable day out of the last 7 days.  Need to stay focused!