RE:RE:Today was worth trading LSPD ...BiggyG. Good for you! Like one of my good friends says, some profit is better than no profit at all. First HourGlass yesterday, now you today. It's really good to hear other traders also taking advantage of these easy trades and doing well on them.
Always remember, if you don't lose money daytrading you're having a really good day. If you can make a minimum of anywhere from .50 cents to $1.00 or more profit on a trade you're doing way more than ok. Even .30 cents or .40 cents profit a trade is reasonably decent.
Because it's way easier to lose money than make money daytrading. Been there, done that, got burned more times than you'd think.
If you can hit a total of $500 in profits or more a day you are doing really, really well. I'd even be happy with an average of $200 a day profit because it sure beats working a day job, you're working from home and you're also your own boss. Yes, daytrading is work!
It's more difficult than most people think to daytrade. Most people look at the chart pattern after the fact and end up being Monday morning armchair quarterbacks. But when you have literally thousands of dollars of real cold hard cash on the line, with all of the pull backs and not knowing if and when the trend will change and that it could suddenly turn on you, well lets just say you need a really strong stomach for it.
BTW, I again traded 1030 shares of NTR early this afternoon after I mis-calculated it's previous, what I thought was going to be it's bottom and to also try to re-coupe some or all of my small earlier loss on it. It's still dropping, hahahaaa. Only made a measley .16 cents profit on it for $164.00. So I bumped up my take in to $2,875.60 for today. GLTY.