Hi folks,

Just wanted to give you a feedback about being a sniper and trading like a coward. Today I had my 6th winning trade in a row (first time ever :^D)

Reasons why those 6 trades have been profitable :

- I did my due diligence before trading : Preparation

- I kept a sniper attitude and only focused on a stock at a time when it started to match my plan

- I traded like a coward and when a stock did not match my plan to the T, I didn't hold, hoping that eventually my plan would get true, instead I sticked to the motto : "hope is not a strategy" and exited for small profits.

 

On top of that and as I have a small account I'm 'enjoying' the PDT rule so really focus on what I think are the best plays, based on the SSS and my spreadsheets.

 

Thanks Tim for your teachings and thanks to the profitly community for being so proactive and helpful !

Stefano

 

PS : Tomorrow I'll upload the trade I did today on $EYEG