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Pre-Market Trading (When I knew the day would be weak + KEY RULE)

winkler

lesson / review

$25k Challenge, Swing Trading Momo, Day Trading Momo

Jul. 24, 2020

Aug. 1, 2022

Wasn't my best day and it all started and ended with me not taking base hits. Always take them, especially when the market is extra weak like today.

$MGEN $ABUS $NTZ $ENT $MDGS ONTC $MOGU $SOL $VRNA

https://youtu.be/q7tL_ENraJ4

FAQ

Taking base hits refers to making smaller, consistent gains rather than aiming for large profits. This strategy is particularly important in weak market conditions.

The author indicates that the market was weak based on their trading experience and the performance of specific stocks on that day.

The stocks mentioned include $MGEN, $ABUS, $NTZ, $ENT, $MDGS, ONTC, $MOGU, and $VRNA.

The key takeaway is to prioritize taking smaller, consistent profits, especially when market conditions are unfavorable.

You can find more insights and details in the author's video linked in the blog post.

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DRC October 23, 2023

disciplined_daytrader

Portfolio(s): Evaluation Account,

Posted on Oct. 23, 2023, 6:10 p.m.

April 26, 2023 (-$50.00) - Does Green Even Exist Anymore ??

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Posted on April 27, 2023, 2 a.m.

Weekly Review

disciplined_daytrader

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Posted on Dec. 12, 2021, midnight

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Pre-Market Trading (When I knew the day would be weak + KEY RULE)

Table of Contents

FAQ

DRC October 23, 2023

April 26, 2023 (-$50.00) - Does Green Even Exist Anymore ??

Weekly Review

Helpful TradeJournal Resources

What is the Best Trading Journal?

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Table of Contents

FAQ

What does 'taking base hits' mean in trading?

Why was the market described as weak?

What stocks are mentioned in the blog post?

What is the key takeaway from the author's experience?

Where can I find more information on this topic?

DRC October 23, 2023

April 26, 2023 (-$50.00) - Does Green Even Exist Anymore ??

Weekly Review

Helpful TradeJournal Resources

What is the Best Trading Journal?

Free Trading Journal Template

Free Pro Trader Call