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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.