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.
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%
Tom | FINEIGHT
Don't fall victim to fake gurus claiming to turn $100 into $300k. Verified results and real market experience, that's FINEIGHT.