Wednesday, February 24, 2021

Adapting to volatility

What's working so far today: SMALL size, like 1/4 my aggressive size. SMALL targets, 10% vs 20%. Hit and run.

It seems counterintuitive on a big-moving day to take only the smallest trades, but this is how I can take profits, pay myself, keep some gains. 

Lesson is that in higher volatility, I will make LESS money.

Also working today... for a change... StreetSmart Edge!

Popular Posts

  • How to calm down my trading
    Today what I needed was a day to calm down. The past several weeks everything clicked and I definitely got over-confident. I was trading too...
  • lesson about small losses
    File under: Lessons learned a thousand times, but never ceases to amaze me... When I keep my losses small and keep my attitude confident the...
  • Near burn and miraculous save
    MRNA!!! I had a small, rational opening trade on SQ for +26% on the front 2/3 and flat on the back. Then MRNA. I got calls. Then it dropped ...
  • Apex funded trading
    90% off sale at Apex Trader Funding so I grabbed a few accounts. Let's see how I make it through the evaluation/qualifier. This would be...