Big Wins from Small Swings! - Trade The Pool $24K Funded Trader, Luke X.
Автор: Trade The Pool
Загружено: 2024-10-17
Просмотров: 1056
Luke started as a day trader of penny stocks in 2022. However, he switched his trading style after losing some money: he found that in many of his trades, a failed reversal led to a lengthy trend continuation.
He used the flexibility of the Trade The Pool "TTP" swing account to close some as day trades when they paid off quickly, and let the others play out at different speeds according to the characteristics of each.
ℹ️ A series of failed trades let almost to reaching the maximum allowed loss, but limiting the loss from each let him hang on until a string of successes and a big win.
Here are some of Luke's stats:
🔹 Best stock: $SOXL
🔹 Success rate: 52%
🔹 Biggest win: long $SOXL x 28.42 making $3686
🔹 Biggest loss: short $GOVX x 5000 losing $1550
Luke is TTP's new funded trader managing a $24K swing account or, as we call it, a true "Stock Star".
This interview discusses his trading strategy, the trading lifestyle including time zone differences from the market, and how he locks in profit while maintaining his long-term swing positions.
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