Thanks @modern_rock
252 trading per year:
$200/day = $50K/year
$400/day = $100K/year
$1K/day = $250K/year
$4K/day = $1M/year
It doesn't take much to make big money! CONSISTENCY is KEY! Gains add up quick when you don't have wild swings (losses). Follow your plan/rules daily!
@PBInvesting Traded this ticker too! Applied the strategy and got out at new low of day, collected my gains, and done for the day. Price action went lower +200% but a solid trade non-the-less.
@PBInvesting How did you know to wait three more candles before taking your position? I took the pre-market high retest on the second 5min candle which in hindsight was not the best entry due to the slippage in price down to the 9EMA for a retest there before heading higher.