May Corn Bullish Report Reenter - Exit

Target hit, and then some. 

Summary:

YC Mini Contract

Entered  602 3/8

Exit 619

619 - 602 3/8 = 16.625 * $10/pt = $166.25

If I used the full ZC contract, as I've done in the past, the result would be:

619 - 602 3/8 = 16.625 * $50/pt = $831.25

The most important thing is not the size of the trade, its the technique. Once you have a methodology pegged down and you exercise the discipline to stick to it, its relatively easy to scale up. The hard part is converging on a good methodology. Then the harder part is getting your psychology under control. The final part is scaling up. 

Scaling up is not technically difficult, but the added fear from a bigger potential loss tugs at you to raise your Stops too close and exit too early.