Out 10297: +7 Looks like its going to be choppy today. I Will be doing many small microscalps. 2-4 contracts for 5-10 points.
Long 10284 (just 2 contracts) already sold 10294 : +10 Goal is to make $1,000 microscalping today. Up $750 so far so almost there. I am sure I am due for some losers.
nice1 quick, yeah looks choppy i moved my stop I am looking for a big down day but it looks tight, maybe a pop them drop, moved stop to 10361 on my swing
Typically yes I use a 20pt stop. Trade 4,8,12 or 16 contracts; depending on the setup. BUT on a choppy day like this I use a 10 point stop and look for 5 -10 points. I know that the risk/reward isnt that attractive, but it works on days like this. Choppy expiration day with a tight range. Up $800; another $200 to go.