2024 Mar 04 est Realised Day Trades - Scalps SMCI, RIOT, NVDA
2024 Mar 04
Public notes to Self as Trade Journal Recap for self accountability & personal development.
Not for showing off. Who needs to show off if one fails to improve and learn from trade journals. The process is way more important than money. Money is the by-product of the process and effort. And it's a very tough journey.
Total Realized Day Trades PnL: +USD$1080
Duration of work: 2.5 hours
(May stop doing this as it is very tiring and caused me lack of sleep everyday).
4 trades, 4 wins. All are scalps.
SMCI: Long & Short
RIOT: Short
NVDA: Long
Reason for Scalping:
Very high market volatility favours quick trades i.e. scalp.
Considerations:
1. Scalping has high winning rate but is very exhausting and stressful with big bets (but today smaller bets).
2. Long-term holdings offer greater stability and profit potential, albeit with higher risk
Lessons Learned so far:
1. Precision trading is essential in volatile markets
2. Day trading demands vigilance and adaptability.
#precisiontrading
#daytrading
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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StrongBull1111 : Nice job! I wish I could accomplish those gains
everdistantutopia : Hey man thanks for the post! I just want to say that I respect if you can’t take the time to do these anymore, but I read your posts every day and try to learn
they’re well documented and helpful
everdistantutopia : also its april haha
NoahK : Well done. Catch up with @Ripper to increase ur potential.
protraderx OP NoahK : should be the other way around