– Average Price Exit: 38.19
– Percent Gain: 2.13%
– Reason for Exit: Hit revised stop loss
– Percent Gain: 2.13%
– Reason for Exit: Hit revised stop loss
Fed raises rates 50bps the biggest hike in two decades
05/04/2022
No Comments
FOMC: Balance Sheet Caps Phase In Over Three Months FOMC: Additional Increases In Fed Funds Rate Will Be Appropriate FOMC: Interest Rate Paid On Reserve
So GDX was the only play all day? Am I reading this right?
Hi Dimitri
Yes that was the only trade for today
so how can you make money to pay for subscription if you have one trade for 2% in a whole day?
That’s $200 on $10k and if it’s equity which it looks like it is , the money doesn’t clear next day.
That is a really good return, easy to build consistency when you trade this way imho
While we do incorporate a good day trade occasionally, we prefer to hold trades for the long term. That trade we closed yesterday was not a day trade. We opened it on 3/17/22 and have already taken profits on half the position on an earlier date. The only reason we closed it yesterday was our revised stop loss was hit, otherwise we would have held it for a much longer tiime frame and for a much higher profit target