BORING But According To Plan - DT RECAP 04/23/20 (& Today's WL)
Hi traders,
Thursday was really boring for me since I'm still on my "recovery" plan I discussed in yesterday's recap. So I only trade the best shots and try to stay green at the end of each day albeit very little. Thursday could be a prime example of this approach. Just one, slow-moving trade that I had to get early from due to massive SPY spike down.
Half a percent, but still up!
Just one lonely trade:
1)
HAL
- LONG @8.68, it lost steam and I exited prematurely when SPY dropped 4 points. +0.5%
*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: +0.5%
Total PnL for the week: +2.94%
Good trades,
Tom | FINEIGHT
Thursday was really boring for me since I'm still on my "recovery" plan I discussed in yesterday's recap. So I only trade the best shots and try to stay green at the end of each day albeit very little. Thursday could be a prime example of this approach. Just one, slow-moving trade that I had to get early from due to massive SPY spike down.
Half a percent, but still up!
Just one lonely trade:
1)
HAL
- LONG @8.68, it lost steam and I exited prematurely when SPY dropped 4 points. +0.5% *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: +0.5%
Total PnL for the week: +2.94%
Good trades,
Tom | FINEIGHT