{"id":593,"date":"2019-10-11T03:23:50","date_gmt":"2019-10-11T08:23:50","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=593"},"modified":"2019-10-11T03:23:50","modified_gmt":"2019-10-11T08:23:50","slug":"some-bread-and-butter","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/some-bread-and-butter\/","title":{"rendered":"Some Bread and Butter"},"content":{"rendered":"\n<p>Over the past few weeks I&#8217;ve been guilty of posting the bigger winners of the day. Four-figure wins garner more attention and apparently it&#8217;s what people like to see, so I feel mostly justified in favouring them here. But it&#8217;s important to remember that the bread and butter of the business is the regular smaller trades that come along day after day. Trades like this one:<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"1000\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13.jpeg\" alt=\"\" class=\"wp-image-591\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13.jpeg 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13-150x150.jpeg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13-300x300.jpeg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13-768x768.jpeg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-13-100x100.jpeg 100w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>This little short on DD is what 80% of my trades look like. A regular setup (a bit messy at the open, but it sorted itself out), a confluence of signals, and a nice easy entry on momentum. Then an exit at an obvious place or, as was the case here, when the momentum simply runs out.<\/p>\n\n\n\n<p>$280 is not going to make anyone rich, but that&#8217;s not the point. The point is that we can always find a few of these each day. They add up to a nice profit at the end of the morning.<\/p>\n\n\n\n<p>That&#8217;s not to say the bigger winners don&#8217;t count as well. Here&#8217;s the now almost compulsory ROKU trade for the day:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"1000\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16.jpeg\" alt=\"\" class=\"wp-image-592\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16.jpeg 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16-150x150.jpeg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16-300x300.jpeg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16-768x768.jpeg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-11-10-2019-10-16-100x100.jpeg 100w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>ROKU is the gift that just keeps on giving at the moment. I was a little wary of the blue line here, especially as we had only just crossed the MA, which is why when things slowed down I got out quickly. That&#8217;s the thing about momentum trades \u2014&nbsp;when there&#8217;s no more momentum there&#8217;s no more trade. <\/p>\n\n\n\n<p>These five-to-ten-minute four-figure profit trades certainly look more impressive, and it&#8217;s fair to say that between ROKU and TSLA there&#8217;s usually at least one out there every session. But it&#8217;s important not to lose sight of the simple, smaller bread and butter trades like DD above. They can be relied upon to put food on the table day after day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past few weeks I&#8217;ve been guilty of posting the bigger winners of the day. Four-figure wins garner more attention and apparently it&#8217;s what people like to see, so I feel mostly justified in favouring them here. But it&#8217;s important to remember that the bread and butter of the business is the regular smaller &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/daytradingfreedom.com\/blog\/some-bread-and-butter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Some Bread and Butter&#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\/593"}],"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=593"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/593\/revisions"}],"predecessor-version":[{"id":595,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/593\/revisions\/595"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}