Smart Monday Trading
Sometimes you have a day where singles is where it is at. I've been protecting my entry a lot lately and will eventually let the trades run.
I didn’t have such a great Monday last week, so this time around I decided to dial it back a bit not only on share size but also trade selection.
I took enough trades today, but as usual, I left a lot on the table.
All of my trades were winners today as well. The day I dial back my share size I end up getting some nice singles. Had I had more patience I could have had several doubles and triples. It’s not in my nature to let some of these trades work a bit longer. I feel like once I get that account cushion I can really start harnessing the wiggle room. Right now, I’m protecting my entry with a lot of force. By doing this, I’m not making enough on my trades.
It was a decent Monday despite all of my complaints above. Over the rest of the summer, I will most likely remain defensive. A home run trade will occur at some point so I’m not really worried about that. For now, I’m happy with where I’m at.
Today’s Total Profit and Loss = $184.00
Play video Hitting Singles Today - They Add Up!