January 22

Still oversizing and then prematurely stopping out and then exiting. I've noticed the greater contract count is also affecting my bottom line in terms of commission. It's about a 10% drag so far. Which, that's presuming I keep growing. I need to focus on scaling in slower and smaller so that I don't stop out and so that I let the full setup play out. I'm able to do it really well in the afternoon (lower dollar amount despite just as many cons (meaning still paying the same commission and not profiting as much).

So, yet another reason to size smaller. By not stopping out prematurely and then getting back in, I'm not taking a loss nor paying extra commissions. As I've seen a few times now in the afternoon, many smaller trades can add up. Especially because the smaller trades are better entry's and a greater willingness to hold to target level.

They add up.

After the morning session I was up +3.75%.

For the day I've finished: +6.75%

I took more yet smaller trades in the afternoon yet contributed a similar gain to my P/L.