Swinging at you’re pitch is a topic I would like everyone who trades actively or inactively to focus on. Every trader knows what setups work best for them, the key to capitalizing on these set ups is recognition. I know my pitch, do you know yours? What makes my pitch is beside the point. Point is if you know your pitch you better swing at it because some of the best trades are the trades you feel and know will work based on your prior experiences. With my new strategy I ONLY swing at my 5 star pitches, for example Visa and Mastercard this am, they were falling on accelerating volume. I saw this price action and swung full size and smashed it, 90% of my day’s P&L came from hitting the pitch. Today my capital outlay returned around 68%. This means I made 68% of my per position buying power of X$, my goal is 40% every day. My loss limit is 20% before I close my book and head for the hills.
5 hours ago