Stopped out baby long at 70 and legged back in a bigger size shortly after. I think we hit 5370 today.
This is my own account activity today. Took -5 points on my first long but I've been gobbling up profitable points ever since. I adjusted my trading plan, @Laissez Faire, to trade my scalpalicious slivers, and if a certain profit threshold is reached, and the set up is there, I can then hold one contract for a bigger leg. My p/l at the moment I am also trading my prop account but with stricter limits. Daily goal is 10 points ($500+)
You're killing it man. You seem to be crushing it with your personal account (15K the other day and 2K+ today). What's the benefit of trading that prop account?
That prop account has been an incredible confidence booster for me. Without my experience with that account, I'd not be doing what I'm doing in my personal account. The prop account will allow me to build to a size I would never feel comfortable with in my personal account. The prop account is part therapy, part gymnasium, part laboratory. It has been an immense benefit to my ability to develop good disciple, which had been my undoing for most of the last four years. Like Nav Sarao, some day I will break free and be completely self funded. My goal for that is around $1,000,000 in prop profits. I'm in no hurry. It took him five or more years I believe before he hit the 7 figure level.
I realized I'm not so much a fan of posting trades as it's distracting and I will typically be very focused on managing my initial entry - taking a few scratches and small stops before nailing down an entry which I will usually hold for a big move. Anyway, I followed the plan outlined above. 5 new micros around 5265. 5 new shortly above. And the final 5 on the opening range breakout. At this point, I'm just trailing along. I genuinely think we'll hit 5370 today pending any attacks on Israel. I may get shaken out on the way, but I locked in 30 points here. And like earlier some day this week I regret not being bigger.