Day 23: Trades 4/6 Accuracy 67%, todays P/L + $10....
# active-trading
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Day 23: Trades 4/6 Accuracy 67%, todays P/L + $10.13, overall - $13.30. Another good day trading the ORR, i am now waiting until trades hit my first level of resistance then breaking through to move my stops up, unless it looks like its not going to work out then i move them slightly on the other side of the 9 moving average. Feeling pretty confident as i let the winners run and cut my losses early on the ones that don't work with small amounts. Plan to scale up Friday if things continue positive tomorrow. SMB Capital said that even their best trade setup has about a 65% probability of working out which fits pretty close to my testing i am usually 60-70% in the simulator, managing the risk, entry and exit, and overall trade amount is key for consistent profits.
• SNAP - ORR - Short - Stop Profit • LYFT - ORR - Short - Stop profit • GOOGL - ORR - Short - Stop Profit • AAPL - Fashionably Late - Long - Stop Loss • INT - Fashionably Late - Long - Stop Loss • HIMS - ORR - Short - Stop Profit