Wait for the Wave Before Going Surfing

While this may be a stupid saying that I just made up, this saying does highlight my trading today. I configured my charts to smoothen price a bit more. In addition to using tick charts, I switched candlesticks out for Heikin-Ashi bars. While it's a bit early to tell, I think the difference is quite noticeable.

One of the problems I've had with trading futures is focusing too much on second by second or even tick by tick price fluctuations. Heikin Ashi bars really smoothened them out for me so I'm able to focus on bigger trends rather than the play-by-play.

I also sat out when price breached the major levels I had plotted on the 5,000 ticks chart. I waited for either a decent retracement back to the key levels or until price reacts to the moving averages in the direction of the trend. There were a few times when I wanted to jump straight in, but I stayed disciplined and sat out because the conditions were not right.

Overall, it was a good day at +$507. I will give the TopstepTrader a bit more time and see to successfully completing this $50K Combine.