Friday, December 2, 2022

Trading Dow Futures - Profited $9000 SGD

Shorted the market last evening as the Dow hit a supply zone. It was a tricky short as the market lately gained some momentum on strength and hence a quick short is more risk adverse as compared to holding it for a swing trade instead. From the 5 minute chart, there was a long bar up where a lot of retails bought on breakout to only realized they were killed on the way down. Made like $9000 and had coffee some with traders to share on how did it. As the market gained more momentum, the risk of shorting is high but one needs to be nimble so as to avoid any losses. 

Ronnard - Market Psychologist - A Stock Market Opportunist

Thursday, December 1, 2022

Trading Dow Futures - Profited $50,626 SGD

Finished my last evening for the year in the office with many of my traders coming and wanting to seek more answers from the market and also what's going to happen in 2023. Shared the outlook, relearn the strategies and in 2023, it's going to be another year of trading without much investments to the market. Received a new trade record from my student where he made like $17,318 so far using a small capital of $2000 which was a ROI of 830% within a month. It's super impressive and I showed it to everyone who came for the event yesterday. 

Went back, studied the market and started entering all my trade parameters. I did not get in at a good price but I knew where the market was moving and hence I set a stop loss to protect my capital. I allowed the market to do it's magic in the night and woke up with $50,686 profits. The chart with the long trading range and a flush was key pivotal points of entry before the good news was released while the market jerk up higher on the news that Fed slowing rate hikes soon. The actual news is not important but the entry points BEFORE the news is crucial. Overall another good trade and great profits. Moving on to the next.

Ronnard - Market Psychologist - A Stock Market Opportunist