TRADING BLOG EP. 34 - SUPPORT LEVEL BECOMES RESISTANCE
Today I ended up taking 3 trades. I ended up taking 2 losses, and 1 really nice winner. I usually like to limit myself to 2-3 trades, so the 3rd one was pushing things. But, I’m glad I did it. The first trade I was trying to buy at a potential support level, which didn’t hold.
I then tried to get onto the right side of the market, and ended up looking for short. The first short I took got stopped out by spread, which was unfortunate. I ended up re-entering the trade because the setup was still valid, and that ended up making up for my loses.
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