Closed out trade today within profit target. So I could have let it ran up more, but I have sometimes had a profitable trade turn right around on me and become a loser. I feel that I have a high success rate of being up at least up 2 to 5 % at some point in the trade. If I just take it I will not have many losers, but the down side is I can miss out on a lot of gains. It is kind of a learning thing as I go, but so far I have done close to 30 percent in 5 weeks. So will keep just taking little gains.
So now to the details of the close out.
I was into the trade for $1194 total, and sold out of the trade today for $1272 for a profit of 78- 6 commission = $72. Drum roll please.** 6.03% was the trade**
1 percent over my profit target, not to bad for 2 business days. I could shoot for more with that money now, I do have 3 business days left.
I am currently in spy, and will hit the details on that trade tomorrow.
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@bigram13, Looks like you know your Trading Game. Enjoy your Profitable Journey and stay blessed.
The most important in trade it is to define a strategy and follow it independently whatwill happen next.
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Ya being consistent. Otherwise you might as well go play blackjack
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