SOXX
MU
Today, I decided to aggressively add more capital to my MU trade for the following reasons:
- The SOXX, as a leading technology stock indicator, reveals that there is, currently, still a lot of selling pressure so it highly probable that the technology company stock will experience more downside for the next week or so.
- In order to practice trading in a way that runs counter to what 90% of failing traders typically do (Best Losers Win).
- In order to rewire or re-programme my mind to always add capital aggressively to trades that move in the anticipated direction (at least once).
Next Action
- Continue to monitor the price action of SOXX everyday.
- Continue to monitor the price action of MU everyday.
- Complete outstanding trading journal post.
- Update new trading spreadsheet with latest trades.
