{"id":123,"date":"2019-02-04T09:22:27","date_gmt":"2019-02-04T14:22:27","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=123"},"modified":"2019-02-04T12:22:55","modified_gmt":"2019-02-04T17:22:55","slug":"trades-1-2-19","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/trades-1-2-19\/","title":{"rendered":"Trades, Friday 1st Feb 2018"},"content":{"rendered":"\n<p>A couple of quick ones. First off, the bottom of a long move down. SNE dropped off a cliff right from the open. It can be tempting when you see a precipitous fall like this to jump in for the ride. That is almost always a bad idea though. We follow strategies for a reason. Jumping in and holding on tight is gambling. With no plan for the trade, you have no idea where to get out. So although we <em>could<\/em> look at this chart and say, &#8220;Heck, we missed a hell of a drop,&#8221; the <em>correct<\/em> reaction is to say, &#8220;Followed the strategy and walked away with almost three hundred bucks in ten minutes with negligeable risk.&#8221; That&#8217;s how we keep from blowing up our account, so we can be around for all the other lovely trades that come along.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-1024x1024.jpg\" alt=\"\" class=\"wp-image-125\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-1024x1024.jpg 1024w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-150x150.jpg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-300x300.jpg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-768x768.jpg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne-100x100.jpg 100w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-sne.jpg 1080w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>Lovely trades like this from MU, which is currently on my core list because it keeps making nice, easy, predictable moves like this:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-1024x1024.jpg\" alt=\"\" class=\"wp-image-126\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-1024x1024.jpg 1024w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-150x150.jpg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-300x300.jpg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-768x768.jpg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu-100x100.jpg 100w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/02\/1-2-19-mu.jpg 1080w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>This was a slower trade, taking about half an hour, but as the tortoise knows only too well, slow and steady wins the race.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A couple of quick ones. First off, the bottom of a long move down. SNE dropped off a cliff right from the open. It can be tempting when you see a precipitous fall like this to jump in for the ride. That is almost always a bad idea though. We follow strategies for a reason. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/daytradingfreedom.com\/blog\/trades-1-2-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trades, Friday 1st Feb 2018&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/123"}],"collection":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"predecessor-version":[{"id":127,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/123\/revisions\/127"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}