Day Trader’s Aftermarket Lounge 24 Sep 2020, page-11

  1. 4,295 Posts.
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    Hi All
    It’s been a solid week so far
    Monday 2.5k
    Tuesday 3.5k
    Wednesday $300
    Thursday $3.2k
    Friday .........
    This week for the first time in months I’ve tried very hard to take profit early as lately I have been
    holding on just a little to long & completely stuffing up good gains. I had to remind myself that over a long period of time I will make more money taking the $500-$2,000 quick profits compared to holding for longer to make $3,000-$5,000 profits. below is one example of a nice quick trade from today. https://hotcopper.com.au/data/attachments/2502/2502226-8795e60fd4b21c2882238f25d0b29433.jpg if I was in same situation last week I probably would’ve held hoping for it to reach 3.8 to 4cents which didn’t happen than a few minutes later I would’ve been in the red as it dropped below my buy in price. So looking back on this week yes I haven’t made any huge gains on one trade but am extremely happy with the outcome & something I will continue to work on.

    Hope others are also having a profitable week



    Last edited by Elite_Trader: 24/09/20
 
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