{"id":145,"date":"2019-02-08T03:44:17","date_gmt":"2019-02-08T08:44:17","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=145"},"modified":"2019-02-08T03:44:17","modified_gmt":"2019-02-08T08:44:17","slug":"trades-7-2-19","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/trades-7-2-19\/","title":{"rendered":"Trades, Thursday 7th Feb 2019"},"content":{"rendered":"\n

Yesterday I posted a trade worth $100\/minute. Today’s first trade beats that handsomely. Here’s what happened on GRUB:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

That’s well over four grand in well under ten minutes. As I said yesterday, trades like that don’t come along every day. When they do happen, we need to treat them like any other trade. A glance at the scale shows that this stock was extremely volatile prior to my entry, trading relatively massive range already. So all the signs were there that this could be a big winner (it had already travelled more than $5).<\/p>\n\n\n\n

It’s easy to be intimidated by that kind of volatility, but as long as we remember that the same rules apply whether the stock has moved $5 or 50 cents, we shouldn’t go too far wrong. Tight money management keeps us from huge losses. Had this not worked right away, I would have been out in a heartbeat. Given the speed it moved, that might have meant taking a few cents loss in the time my exit order went through, but that’s an acceptable risk given the potential reward.<\/p>\n\n\n\n

The other trade I’m posting for today was much more ‘normal’. This was BBT:
<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Much more sedate, the sort of thing we do<\/em> see every day on the NASDAQ.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday I posted a trade worth $100\/minute. Today’s first trade beats that handsomely. Here’s what happened on GRUB: That’s well over four grand in well under ten minutes. As I said yesterday, trades like that don’t come along every day. When they do happen, we need to treat them like any other trade. A glance … <\/p>\n

Continue reading “Trades, Thursday 7th Feb 2019”<\/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\/145"}],"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=145"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/145\/revisions"}],"predecessor-version":[{"id":149,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/145\/revisions\/149"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}