Welcome to THEFREEDOMGRIND all about stocks and trading! Todays trades started rough! I traded three different stocks this morning and even into the afternoon trading sessions. overall it was a green day, but not by much.

YRIV – this stock performed very well at the open, unfortunately, I missed that opportunity and instead decided to watch TNXP which didn’t perform well. I ended up finding this stock after the big move in the open.

The first trade I placed on this stock was a 500 share order at $1.81 cents. After a second dip I added to my position another 500 expecting a bounce from the dip. Once the third red candle appeared on the 1 min chart I flattened out at $1.64. this put me in the red $150 bucks. Looking at the chart the bounce did occur on the very next candle!

I wasn’t able to recover this loss until later on in the trading session.

This was a risky trade! I placed a larger order here at the dip with 1500 shares and a stop loss at $1.50. It was pure luck that the stock pumped up 20 cents after the dip. I flattened out now with a profit of $285! This was a gamble and should never have happened. In hindsight I should have been done with trading after making two other small red trades on other stocks.

TNXP – I traded this stock pretty similarly to the way I traded YRIV. I bought in on the one minute right around the $3 dollar area hoping for a breakout. When it pulled back I averaged into the dip.

The entry arrows show my first order and my average in order. I exited the position quickly, and then was able to get back into the position for a small break above the 3 dollar area bringing my overall losses on this stock to $120 dollars after all trades were complete.

I also traded REPH with a breakout strategy but ended up with a really small loss of only $15 dollars.

I hope everyone out there had a great trading day. After looking back I am glad that I was able to at least manage my risk and not suffer any massive losses from todays trading.

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Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.


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