Here is how I lost $1,300 today.
Most people only recap there wins but here is a loss I took today that I am proud of.
I would take this setup 10/10 times.
$NVDA - 5 Minute close under pre market low, previous day low, and 180 psych level.
Enter on the retest then got stopped on that big green candle.
If I was right on this trade I would have made 4-5K.
Also still up $2,700 on the week and this was first red trade of the week.
TRUMP ANNOUNCES $2,000 TARIFF DIVIDEND FOR AMERICANS
President Donald Trump announced a $2,000 payment to most Americans, funded by U.S. tariff revenues. In a Truth Social post, he said the U.S. is collecting “trillions of dollars” in tariffs and will use the money to reduce national debt and reward citizens—excluding high-income earners. Trump called tariff critics “fools” and claimed the U.S. is now the “richest, most respected country in the world,” citing record stock markets and 401(k) values.
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The System is very clear here.
I short into market bounces near the 50 sma.
I only stay long if I get a buy signal on the system.
This is all I need to know.