Hi traders,
For the last couple of days thought of being TOO cautious crept up on me. Tuesday, however, reminded me, that slow and steady is very important in trading.
Getting rid of trades that are not working anymore and pocketing profits when available instead of mousepushing the stocks paid off.
My Trades:
1) IIVI - SHORT @46.23, -0.30%
2) VOD - LONG @15.02, +0.92%
3) NVAX - LONG @40.09, +1.33%
*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: +1.96%
Total PnL for the week: +1.64%
Good trades,
Tom | FINEIGHT
For the last couple of days thought of being TOO cautious crept up on me. Tuesday, however, reminded me, that slow and steady is very important in trading.
Getting rid of trades that are not working anymore and pocketing profits when available instead of mousepushing the stocks paid off.
My Trades:
1) IIVI - SHORT @46.23, -0.30%
2) VOD - LONG @15.02, +0.92%
3) NVAX - LONG @40.09, +1.33%
*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: +1.96%
Total PnL for the week: +1.64%
Good trades,
Tom | FINEIGHT