Tuesday Wrapup (2/2) - $513 gain

Way too early to tell if I'm back in the groove but today's trading was very smooth and felt entirely natural.  Aside from one somewhat ill-advised trade (trade entered right before lunch when it was fairly clear we were in chop, no higher his or lower los) that I gave back $113 on, I let the market come to me and stayed out of the late day chop for the most part.  Had good visibility of the underlying action and entries and exits were crisp.

Starting at just after 7AM, I was up $588 after 3 profitable trades in a row to start the day.  From that point my next 6 trades resulted in 2 scratches, 1 gain and 3 minor losses.  My average loss today was $54, and my avg gain $169 on 3 contracts traded per setup.

On at least two trades, I exited nearly perfectly.  Got out of dodge when the momentum in my direction seemed to stall.  Booked profits on the table rather than risk them to chance.  But I was able to hold onto trades until my targets were hit where the trend momentum remained intact.

Let's see if we can carryover today's momentum for the rest of the week. One day at a time.