Sometimes a re-entry after a shake-out is a good idea. And sometimes you lose even the second time because the market starts dropping, taking most of stock with it. Well, nothing you can do!
At least Boeing made me most of lost money back ;)
1) CAR - LONG @28.52, -1.11%
2) CAR - LONG @28.51, -1.25%
3) BA - SHORT @199.89, +1.90%
*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: +0.47%
Total PnL for the week: -0.06%
Tom | FINEIGHT
Don't fall victim to fake gurus claiming to turn $100 into $300k. Verified results and real market experience, that's FINEIGHT.