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I had a ~ 50% win rate today. Second trade was a 1 tick profit but if I did not sell, would have been a much larger loss. Despite a 50% win rate, I still made $6,825 profit and I want to show you why RISK MANAGEMENT is the most important aspect to ANY trading strategy!
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0:00 Intro
1:01 Premarket Plan
1:50 First Trade (Loss)
4:07 Second Trade (B/E)
6:30 Third Trade (Win)
8:24 Why Risk Management Is KEY
10:20 Fourth Trade (Win)
#daytrader #stockmarket #daytrading