Hi traders,
Today was hard. Market gapped DOWN but soon found support at long-term moving averages, then basically stayed 3 hours in RANGE and in the last hour jumped UP. Just crazy and far from ideal for an intraday trader.
That's why I was very happy with even small profit and called it a day after 3 trades. No point swimming against the current if you can wair for another day.
Trades:
1) M - SHORT @6.49, -1%
2) KBH - SHORT @29.38, +1.23%
3) NK - SHORT @10.90, +0.21%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +0.43%
Total PnL for the week: +4.85%
Good trades,
Tom | FINEIGHT
Today was hard. Market gapped DOWN but soon found support at long-term moving averages, then basically stayed 3 hours in RANGE and in the last hour jumped UP. Just crazy and far from ideal for an intraday trader.
That's why I was very happy with even small profit and called it a day after 3 trades. No point swimming against the current if you can wair for another day.
Trades:
1) M - SHORT @6.49, -1%
2) KBH - SHORT @29.38, +1.23%
3) NK - SHORT @10.90, +0.21%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +0.43%
Total PnL for the week: +4.85%
Good trades,
Tom | FINEIGHT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.