Chart courtesy of AMP Trading, get a free demo account and paper trade.

YM Day trading chart with trades for the day.

Wow, I will sleep well tonight.  Though the trading on the YM emini day trading was choppy today, I managed to eek out with a small gain.  You can see that on three occasions today I found myself on the wrong side of the trade.  I was moving my stops up to one point.   If I was on the wrong side of the futures trade, I wanted to get out fast and look for something a little better.  Just the same, my style of trading was not suited to the market today, and my stubborn nature prevented me from just stopping when I saw the tough conditions for day trading.

I considered moving the CCI up to a 16 period setting, but I don’t think that would have helped much.  In non trending markets, it is tough to follow with my “trending oriented” trading style.  There really was not discernible trend from a scalping viewpoint.  Whipshaws were the name of the game.