Main Account: +$3246. Broke all the rules today. Exceeded max size (on the SDRL options, surprisingly not NUGT). Went for the home run (on NUGT). Exceeded max drawdown (bagheld my shorts through the X and FCX rallies - which then came back). Entered trade max size without a stop-loss (which would have yielded a better entry, surprise surprise on NUGT).
Today it became pretty crystal clear what is causing the drawdowns recently. There's a key point, which in the past has been around 10-10:30 where a stock slows down it's opening trend and reverses. This has been happening at 9:45 recently on the stocks I have been trading, and I have been sizing in for a bigger move only to have it rip in my face. From what I can see, a clear solution is to trade half size on the open (so that when it rips I don't get clouded judgement).
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