Tuesday, August 30, 2011

8/30/11 Trade Results: 9 Trades, $140 Profit

I need to leave early today, so I am ending trading at 10:15am today. I will have a video or post later on explaining today because it was the first day of almost nothing but stopped out trades. Ended the day with a profit of $140. I had 8 stops today and only 1 target met. I want to go over the trades, the reasons for the trades, and how I take stops. I have reduced risk drastically over the past few weeks because of the market environment. I am also shifting over to increased conservatism during the uncertain market conditions right now. Like I always say, "Missed money is better than lost money." Think of it that way, and be smart with your trading.


No comments:

Post a Comment