Broke even for the day, trading the volatility of New York close!
Hello Steemians!
Welcome back!
Today, I played defensive with a fade trade near the end of the New York Session to take advantage of the exhaustion of price for a fade set-up. It actually turned out beautifully; however, I was impatient with the trade and I managed to break even. Today serves as a good example of how patience & discipline need to calibrated properly for profits to be seen from them money management side of things, & not just trade management.
In any case, if you'd like to take a peak at how I manage to stay level headed with these kinds of days in the market that preserve capital for the long turn, you can check out my trade plan at:
https://www.fiverr.com/shervinmoh/give-you-profitable-futures-trading-plan
As always,
Trade well & Prosper!
Shervin.