JA_Trades : Hope everyone is having a solid trading day. While I can't complain about my day, I'm in the green with about +80 in profits, I missed out on a couple solid plays that I should have hit. I outlined in my youtube video last night, check my twitter bio for the link - that I am starting a $1,500 account and looking to see how much I can grow that account over the next 30 trading days. I have a short video on the challenge and some details about it on youtube.
Today I traded $ANGI and $ITCI
$ITCI was a solid short setup with a massive gap down yesterday and a solid $4 move to the upside we saw a relatively strong close. Had a nice gap down this morning and took a short position at $9.85. As I was watching this play out I say $ANGI and wanted to play that as it was my top watch for the morning and I took my position off on $ANGI and probably 30 seconds later we started to see that fade I was looking for all the way down to the 9.20s
As for $ANGI I played this one too many times, trying to find the top and short into resistance, I was right on my first two position taking in about $100 and then tried to get cute with it and lost about half that on another short.
I will outline my trades later on post it on my channel. I don't anticipate any more trades for the day, as I have already made one too many. Look to bounce back tomorrow!!
congrats on the trades. you're doing great. do you use a stop loss and profit taker or do you just hover and wait to get out?
Only mental stop loss and no profit taker. I have been trying to work on my patience with plays, I feel thats by far the hardest thing in trading.... at least for me.
And thank appreciate it!!!
nice one. i think i have a lot of practice to do
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