My trading today was balanced since the market was pretty flat. I took 2 shorts and 2 longs. 2 shorts were sina and app. 2 longs were x and alv. The first 2 trades showed me a red number. But they were relative small. APP was flat. X took care of all the losers and left some more. Actually,X did not reach my target(47.5). But a day trade is a day trade.
If you have been following my trading, you know that I managed to stay above the water during the past 3 days. It repeated almost every day that I had a string of small losers and one big winner took care of them all in the end. This is definitely not scalping. Good scalping has a string of very small winners, very few small losers and never a big loser.
One picture is worth a thousand words. Here is the 5 min chart of X that shows my trade.
Click on the image to have a better view
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