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Full Video "Winkler's April Recap & March Forecast | 2021"

>> https://youtu.be/6iNd0HMbzes

>> Will be streamed Tuesday, May 4th @ Noon EST

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April Recap

April was a very tough month. The fact that we walked away green is a huge relief in itself. March was my best months since we eneded the $25k challenge and we've been in an almost perfect linear P&L line up. Consistenly growing each month.

Regardless of possible expectations to keep up this performance.. I didn't have so much pressure on me to preform well which was good. Because when the small cap action totally dried up for April I could have easily kept gunning it, which could have been costly. Last year we had the exact same happen for April and then in May there was slighly a bit more action. So there really wasn't much I could have done with pre-market no gappers over 20% on most days (usually I'm looking for 40% as a minimum)!

At one point I realized that I was staring too much at the charts pre-market, waiting for a mover instead of just trading when there was a good setup and walking away. That onto of the fact that I haven't taken off since 2019 I decided on the14th of April (Wednesday) after the stream that starting the next day (Thursday) to take 11 days off. No streaming and takinf off most work in general. So low key until 26th of May (Monday) I was back in action.

This was amazing. Looking back I'm stoked I did it and plan on doing more breaks like this one.

One thing that definitelly holds true for April as well as other months is that once i was in a downwards trend in trading it was best to just wrap up. Even more so with this light market. That's why in this video I want to explore the new running P&L page.

After analayzing the Running P&L page I've realized my daily P&L is a lot like a stock price action and has trends. I've always felt like this when trading where a bad day one loose more money.. etc.. and that's why one has a hard Max Stop on a day. For me it's 10% down based on my Avg Position size.

 

May Forecast

Day Trading

I wouldn't be surprised if like last year the slow momo continued in the small cap space. If we make some good pre-market trades I'll need to get pickier and pickier as the day goes on. I've been giving back profits more than is necessary in a slow market. Being up 5% on the day based on my avg position size is usually an okay to good day but in this market it's more or less a great day. Can't force setups that arn't there.

Swing Trading

I'd like to use this time of relaxed pre-markets to understand more about some of the swing trades. I'll be diving a bit into releasing some valuations of companies on excel. These analyses will be coming out in seperate videos. BTC dominance below 50% while ALT's like DOGE and ETH are at ATH's. There could be a return to BTC dominance Q2 - Q3.