Hi traders,
A slightly negative day on Wednesday which could've been a winner had I held one of my Long trades for long enough. In the video you'll find my reasoning why I left early though and statistically, this was the right decision.
Focus on the long run, not on the flashy bragging rights!
The Trades:
1) HAL - LONG @10.32, exited earlier as the stock didn't react at all to uptrending market. +1.06%
2) SIX - LONG @21.09, beautiful triangle breakout was immediately stopped and turned. My idea was to reverse the position which I did. -1%
3) SIX - SHORT @20.52, reverse trade that typically works in failed breakouts higher like this. However, today it did not. -1%
*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: -0.94%
Total PnL for the week: -0.05%
Good trades,
Tom | FINEIGHT
A slightly negative day on Wednesday which could've been a winner had I held one of my Long trades for long enough. In the video you'll find my reasoning why I left early though and statistically, this was the right decision.
Focus on the long run, not on the flashy bragging rights!
The Trades:
1) HAL - LONG @10.32, exited earlier as the stock didn't react at all to uptrending market. +1.06%
2) SIX - LONG @21.09, beautiful triangle breakout was immediately stopped and turned. My idea was to reverse the position which I did. -1%
3) SIX - SHORT @20.52, reverse trade that typically works in failed breakouts higher like this. However, today it did not. -1%
*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: -0.94%
Total PnL for the week: -0.05%
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.