Would You Rather WIN Small or LOSE Small? - 05/11/20 RECAPHi traders,
I pinpointed a nice short setup in Under Armor that worked perfectly as planned, but the sellers weren't strong enough to push it all the way to my target.
We're going to talk a bit about risk management.
My Trade:
1) UAA - SHORT @8.98, a nice breakdown, weak stock, sadly turned just 10c shy of my TP. -0.32%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -0.32%
Total PnL for the week: -0.32%
Good trades,
Tom | FINEIGHT
