Fridays have always been not-so-good for my trading, so today I decided to go lightly, specifically traded on defensive mode. I wanted to experienced a green week for once. I stopped immediately once I felt my decision-making started to tilt a bit. I started after 10:30am and based my entry off 15MN and 1MN timeframes. A few hesitations on my entries, also moving my stops had costed me not getting the $300-250 target.
Traded MNQ earlier today. I had to dig deeper from being down $376. Switching back to viewing price action from higher timeframe helped me with the comeback. Another small win in the book.
It looked like it could make a higher high and when it didn't I sold at same price. Now its making a lower low. Good call
Mid day is not my strong point. Still learning on dips in mid day.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
