Financial Freedom Day Trading Journal

NexusFi · 2022-10-13T17:56:39-04:00

Let's get it started. I'm looking at shorting Micro Copper (MHG) should it return to 3.425. If I don't get the retracement, I'll be looking for the breakdown. My target would be the 3.296 area with a stop that would mean 1% risk on the trade. If I'm correct, then I'm looking at a 1:12 risk/reward ratio. I'm not gonna treat this one as a day trade unless it manages to reach my target within the same day.

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Updated October 13, 2022

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Financial Freedom Day Trading Journal

October 13th, 2022, 05:56 PM	#11 (permalink)
sdotcarter Atlanta, GA Elite Member Experience: Intermediate Platform: NT8 Trading: Futures Posts: 19 since Jun 2021 Thanks Given: 6 Thanks Received: 11	Haven't been trading this week but I did take a position in EUR/USD today. Shorted from 0.9746 with a 19-pip S/L. Covered at around 0.965. I'm upset at myself for not going long after I closed my short because that was my initial plan but I didn't wanna push my luck.