Daily Trading Recap – Holding Through the Highs

Daily Trading Recap – Holding Through the Highs

Today has been a very slow one for trading. I'm still holding my sell position on the NASDAQ 100 from yesterday. The NASDAQ 100 futures hit yet another all-time high, climbing past 22,500 points.

While the momentum remains strong, the trend seems to be slowly reversing. At this stage, I don’t think we’ll see a full rebound past my original entry. But I’m hopeful for a pullback big enough to limit my losses. If I can get out of this trade with around a 5% loss, I’ll honestly consider that a win. Sometimes, the smart move is damage control, not chasing the win.