Action was tight and contracted today. I had a good AM long off support and covered early for 6 points.
Re-entered on a pullback with a 1/2 position but it did not go anywhere. I am going to start managing positions a bit more actively after realizing that I gave up over 40 points open equity in August.
I will continue to attempt to capture the larger moves day to day but am going to be quicker to take profits and re-enter certain trades. This should provide for more interesting trades to follow as well as shorter length of physical time in draw downs.
I believe I am trading at a level that allows this as I have added a few more setups to my plan in the past few weeks.
There should be good trading this week.
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