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Michael Schweighardt

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Michael Schweighardt last won the day on March 16

Michael Schweighardt had the most liked content!

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About Michael Schweighardt

  • Rank
    SoCalTrader
  • Location West Covina, CA, USA

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See all updates by Michael Schweighardt

  1. 11-March-2025 - Tuesday 🟩 day

    My Physical is okay. I did some exercise yesterday. Some stretching and strength. I need to do more cardio.

    Emotional is okay today. Not good, not bad. Just fine.

    Mental is fine. Feeling okay. Nothing special. Ready to trade.

    What a day. Hit target on my first trade. I am in SIM. I have two SIM accounts. I am treating SIM 1 like it’s my real account and SIM 2 for practice and screen time.

    Comforted knowing that I could be wrong 4 time's and hit 5 to break even. Slow down. Be cautious. Reevaluate if the trade strategy is still valid even though it's only a few seconds later. Maybe I noticed something out of the corner of my eye that tells me not to take the trade anymore. Don't ignore that. Investigate that. Whatever it is. My style of trading has many opportunities and is not to be rushed. Choose another ticker. Move on to another stock if failed three times. This is a valid rule, but…. I have hit on my forth. I’d say 4 is the magic number, but stopping anytime I feel I am on ‘tilt’ is acceptable.

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