TRADING BLOG EP. 23 - A TOUGH DAY, BUT A SUCCESSFUL ONE
Today was not the easiest trading day on the SP500. It did not start out the best, I had a rough start. I took a couple of trades that were not the best. However, I ended the day with a home run long position that was an absolute banger.
I had a bullish bias on the day that I shared with my students in the private Discord. I missed the initial rally due to internet issues, but I came back and got caught trading the chop. However, a very clear trading idea presented itself & I did not hesitate to take the trade.
The key to trading is knowing how to manage risk & take only high probability trades. On this day, I was able to accomplish both objectives by waiting for confirmation and then taking advantage of the setup when it presents itself.
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