Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Wednesday, January 25, 2017

+1RR, +2RR...+3RR

I was up early, saw price was at support on the daily, scalped short for 1RR after the DB held, left the screens for a good bit, took my daughter to school, got some coffee, came home and chatted with the wife for a bit then got back to the screens just before inventory.

Inventory has historically been a disaster for me so today not really wanting to trade but IF something happened that was worthwhile I'd put one on.

I tried getting filled at .71 after the inventory candle was over but no luck. So I put the trade on at .79 hoping the stop runs were over and sure enough, off it went....left a lot of money on the table but that's how it goes when you opt for mostly static targets....I'm not sad or unhappy about it but just part of the game. I'm just happy to be winning again.

Time to study. btw, I got a 48% on my first quiz and the professor felt sorry for me so gave me a second chance. I did the study homework and modified my approach just a little bit and retook the quiz and ended with a 74.9%. Not great but far better than I am used to!

On the other hand, my daughter is rocking A's and B's and made honor roll last quarter. Papa's proud!