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After going by means of my ignorant buying and selling part (simply attempting issues out to gauge temperament and be taught methods) I've determined day buying and selling is the way in which for me. W/L ratio was nice from the beginning, however like most rookies, let my losers run and reduce winners brief. Round 4/20 I discovered find out how to correctly imolement threat administration on trades with cease loss factors and exits deliberate forward. Even with low present low quantity this adjustment has made a big impact on efficiency. A story as outdated as time for brand spanking new day merchants I think about.
Up $2271.48 since 4/20 on 67:33 winner to loser ratio with common win of $238.83 and common losers at -$86.89
Sure, I do know Robinhood is NOT the place to be day buying and selling. I'm solely taking 2 trades every week or so at present and dealing fulltime so it really works for now. Robinhood now has 5 minute charts with VWAP, 9 day EMA, 20 day ect… so it's doable. Purchased the laptop computer and switching to CME after I've constructed sufficient consistency and honed technique higher. Simply needed to have a good time this tiny milestone with you guys.
submitted by /u/The1Matthan [comments]
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