ilmscore | Prediction Details
"so it's like it feels like clockwork that I get back 25% of my profit on every stock I trade which on the one hand I do often say that if you don't start giving back profit you don't know that you peaked so you got to push it until you give back a little off the top but I often seem to give back a little more than I'd like I totally agree yeah and the other thing is like sometimes and it depends on the Market you're in but you don't always know that it is the front side of what is going to be a really good move eventually sometimes that becomes clear and you're like okay I can actually be really aggressive here if I want to um but sometimes you only know it's the backside because it's like clearly the backside and sometimes you only know that because hopefully you avoided the big red candle"
By Ross Cameron - Warrior Trading | November 28, 2024 | Pending
From video
How Danny Scaled his Day Trading Strategy from $10/day to $350k/Year 01:00:00 - 01:01:07
Interpreted Prediction
The trader acknowledges giving back profits (around 25%) is sometimes necessary to identify peaks, but often gives back more than intended. They also note the difficulty in distinguishing between the 'front side' of a potential move and the 'back side' until after the fact.

Prediction Details

Topic
Trading Strategy

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.