When short or long a stock, you must always move your risk.

Unlike swing trading, in day trading moving down your risk is super key on these volatile stocks. The truth of the matter is you can track every bit of detail on how long faders last etc, but if you don't move your risk down your essentially bag holding.

But moving my risk down was what really change the game for me. There was nothing wrong in the stats it was just taking your profits when they are there and not guess or anticipate whether it's going to be an all day fade.

Moving your risk keeps your profits and saves you from going breakeven or losses. Sure, sometimes you cover and it goes even lower. But i think more times than not this is a better method in the long run to keep the consistency going.

 

I can't believe it took me this long(1 yr so far) to realize this...i literally thought that i was tracking my strategy wrongly but instead, it was my fundamental idea of what i wanted that was wrong.