Day Traders' Weekend Lounge Jan 14-16, page-98

  1. 4,998 Posts.
    lightbulb Created with Sketch. 152
    FWIW, I find there's a big difference in a trade that TA changes trend (and I start hoping for it to change back) and a trade based on a FA event or timeline.

    I cut away the first for no more than a 10% loss, I generally trade the news on the later.

    Move that money into a winning trade. Pending your weighting, you only need to be right half the time in todays market. I reckon I can average 6-8/10.

    Let's see some earnings this week. I like resources, I'm worried about the banks.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.