The previous trade was a failed short trade, then the indicator flipped back to bullish mode so we set up a long trade. This is the type of flexibility a trader should have. Never chase your yesterday's opinion but take the loss and start over again.

The order was filled near the low of the day, and then the ES E-mini slowly climbed its way higher. At one point the position was up 20 points, so it seemed reasonable to pull up the stop loss. A pullback later in the session hit that stop loss and what was left was only a small profit of $244,00.

Later that session the ES went lower than the stop loss twice but managed close a bit higher. That's always the dilemma, how much of your unrealized profit are you willing to give back to the market before taking that small profit that is left.