DRC January 22, 2024

Lesson/Review

Not a bad start to the week. Market was a bit tricky at the open but I was ready to get long when the opportunity arose and I took it and set my stops and let it go without caring what happened. It was a great little trade. Took another MES long and made like $30 to put me over $200 on the day then I lost about $20 on another MES trade to sit right under $200 on the day. In terms of internals they were mostly very bullish until Weight couldnt hold above its OP. Once that happens its likely that we dont really have enough momentum for longs to truly continue and breakout. for that reason I used smaller size on my long continuation trades. I think something ive been doing very well is varying bet sizing heavily based on the situation. 

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