Once again I wasn't being patient enough and got chopped around in SSO trying to find setups during the mid-day. The reasoning being the anticipated late day rally and I had been trying to find the exact setup leading to that rally. I was able to manage my losses by taking losses early..but the market was just chopping around and took me out multiple times. Good thing is that I was able to remind myself in time to avoid further erosion to my profits. Finally, I was able to get back in the market when it actually rallied. So I was happy about that.
Over all, a good day...but really need to control my patience more. And trade with bigger size when the trend is obvious. And avoid trading during the non-trending times.
I'll be watching DXO, UYG, SSO, DGP for possible setups.
