One GREAT Trade a Day Is All You Need - DT RECAP 04/27/20
Hi traders,
Today I kind of repeated Friday - only one trade, but a great winner! If you take a look at the ticker, I could've got +4% out of it. Am I mad? NO!! I already got way more than I aimed for. Greed will not make you profitable.
My trade:
1)
C
- LONG @45.02, I was cautious about the 45.60 area of the previous swing high, but seeing Citigroup's strength and overall markets upwards direction led me to hold it even further. +2.82%
*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: +2.82%
Total PnL for the week: +2.82%
Good trades,
Tom | FINEIGHT
Today I kind of repeated Friday - only one trade, but a great winner! If you take a look at the ticker, I could've got +4% out of it. Am I mad? NO!! I already got way more than I aimed for. Greed will not make you profitable.
My trade:
1)
C
- LONG @45.02, I was cautious about the 45.60 area of the previous swing high, but seeing Citigroup's strength and overall markets upwards direction led me to hold it even further. +2.82% *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: +2.82%
Total PnL for the week: +2.82%
Good trades,
Tom | FINEIGHT