I could not have asked for a better rebound week. I finished Friday with one trade for a $21.3K gain after fees. This capped off a five day winning streak for a total net gain of $103K. I traded 590 contracts this week in contrast to the 2,119 contracts I traded last week when I lost $55.9K. The difference was my mindset. I came into every day prepared not to take a trade if I did not see a setup I liked. Most of my trades happened between 10:30 and 1PM each day after the market had time to settle and show a direction. Most of my trades were 10 - 30 point scalps that happened in less than 10 minutes. As I refelct on my best days over the last year, it is when I put on a sizeable position (30-50 contracts) and looked for a 10+ point move while moving up stops and locking in profit. Additionally, once I make some decent money, especially on the first trade of the day, it is best to quit.
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