Despite my bullish view it has been a pretty frustrating month of trading for many. In saying this, this sort of price action isn't unlike past cycles where we would have extended periods of consolidation as trend was changing. It feels like we've had endless headwinds these last few years (mainly a combination of trump induced issues for us as well as AI and Quantum risk) Here are the key things that have worked for me, the list is small: - size down - reduce your holding times - take profits on the way no matter how bullish you feel -take less trades I pride myself on being transparent, so as of now this is my PnL for the month. Up until the 8th of this month i was unprofitable and down $100k. I've since turned that around to being in $190k profit (this doesn't include stocktrade wins on MSTR) Closing this month out would put me at my 7th profitable month in a row. Right now, when things aren't going parabolic, I aim for consistency... And I'm hitting that target. The turnaround point was making these small tweaks of reduced holding times and sizing down. The time will come when big winning months will come, but right now the market isn't giving me that opportunity.
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