2024 Nov 15 EST Realised Day Trades $NVDA (Long & Short)

2024 Nov 15 EST Day Trading Recap - Realised $NVDA (Long & Short) +USD$3,365.

Only shared realised day trades. Sharing unrealised positions in a volatile market is pointless, as unrealised gains can turn into losses over days, weeks, or months.

This is how I repaired a trade and had done this kind of repair multiple times.

Today was a complete turn-around starting with a solid gain in just 8 minutes, but giving it all back on 2nd rebound trade and then recovering it all for a strong finish at the last trade.

I initially gained USD$2,380 on my first long rebound trade but gave it back due to over-trading (itchy hands) on my second rebound trade. However, I managed to recover 241% of that initial loss in just 55 minutes with a third long trade and the final position. I ended the day with a solid realised net gain of $3,365.

Lesson 1: In a strong trend, avoid trading rebounds. Don’t go against the trend after the first hour, as these are rarely key reversals and are often filled with algorithmic traps.

Lesson 2: After the first-hour volume peak, wait for price action to confirm a daily key reversal. These moves tend to be bigger and faster, offering more potential for profitable trades.

#precisiontrading at its best
#traderepair