MSFT the MVP of the Day! - Daytrading RECAP 04/13/20

By Fineight
Hi traders,

I finally managed to break through somewhat of a stagnation point profits-wise and I'm particularly proud of my MSFT trade which I discuss in the video!

*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.*

Four trades today:
1) PAA - LONG @6.58 combined (was adding into position), it quickly ran out of steam so I closed it early for -0.45%
2) MU - LONG @47.31, this was a no-brainer breakout. +2.09%
3) MSFT - LONG @171, on the first try it hit my SL by 10 cents before turning. -1%
4) MSFT - LONG @171.06 and although it wasn't the largest winner the stock behaved exactly as I expected it to. Much love and +1.78%

How you guys did today?

Total PnL for the day: +2.43%
Total PnL for the week: +0.86%

Good trades,
Tom | FINEIGHT
Microsoft (MSFT)Multiple Time Frame AnalysisRectangleSPDR S&P 500 ETF (SPY) Support and Resistance

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