Day 1 : Building a Watchlist and explaining the strategy
Day 2 : $PLTR Trade Idea
Day 3: Buying $HOOD
Day 4: Up 5% on $HOOD
Day 5: Entered $UA Trade
Day 6: Trading In Puerto Rico
Day 7: Introducing Beacon
Day 8: S&P 500 Record Highs
Day 9: Robinhood Makes Moves Into Crypto
Day 10: Roaring Kitty Meows
Day 11: $GME Trade Idea
Day 12: $NIO Trade Entry
Taking Profits On $HOOD
Looking good for now.
$HOOD I secured 3/4 shares at Target 1 for 13.6%. Leaving one share as a “moon runner” for Target 2+, with stop loss at break even $20.90.
$UA I am going back to 4H candle close below $6.63 as my Stop Loss.
$SYM and $NIO have stop losses that aren’t close to hitting. So not worried about those two at the moment.
Now we just relax and wait for more plays to hit entry and our current ones to hit targets or stops.
Trading Psychology Matters
The beauty of this approach is its simplicity and low stress, which allows me to enjoy life without being glued to the screen for my Trading. For example, I took a relaxing shower outside this morning, surrounded by nature, and it was a great way to start the day. The view was amazing, and it reminded me how important it is to create a trading strategy that fits into your life, not the other way around.
Mental health and psychology play a crucial role in trading. Practicing good habits like taking time to relax and appreciate nature is just as important as reading charts or balance sheets. Maintaining a healthy mindset helps you stay focused and make rational decisions in the market. Remember, balancing your trading with positive mental practices is key to long-term success.
TraderSync Update
As you can see we secured $8.52 in profits on $HOOD today, so I updated that on TraderSync. You can check out my past blog going over how I am using TraderSync for these plays.
For $NIO we used the 1 Hour Candle Close strategy. Make sure to check out Jay’s coaching to see what that means!
For $SYM we used our regular 4H candle close strategy.
We are still in $SYM, $NIO and $UA with our full positions. For $HOOD I have 1 out of 4 shares left for target 2.
