Quick Info
- Uploaded : Uploaded Sept 6th
- Link: https://youtu.be/C07TYo9S950
- Unlimited portfolio stats: https://tradejournal.co/portfolio/40/stats/?status=&type=&asset=&symbol=&broker=&date_range_min=2021-08-01&date_range_max=2021-08-31
August Recap
- Choppy summer month
- 2,614.05 (swings) + 7,817.39 (Day Trading) = $10,431.44 profit
- $100K in trading profits
- Summer Months In General Not Good
- Profitable patterns
- Frontside only profitable
- Backside & Ranging Red
- Indicating hotter market
- Running P&L thoughts
- Snag the one frontside and run
- Be patient & wait till it comes
September Forecast
Day Trading
- Multi-day runners are getting bigger SPRT
- Summer over! Back to trading
- Trading longer could start paying off (multiple frontsides)
Swing Trading
- Slowly reducing swing trades. Best to be focused on a few and really nail the moves.
- Buy on tickers that have started to trend back up from their bottoms
- Buy near bottoms that have shown to be support with stops in place
- Lot's of hype around a september boom for crypto