What’s in Play?
Last month I had realized P&L amounting to 13% of my trading account. I made some dumb mistakes towards the end of the month so sitting on unrealized losses that have not hit my SL yet. But I’m proud of this progress.
I trade price action with momentum. And use AVWAP sometimes, but mainly focusing on finding the right side of the V. But my biggest gain came from finding sectors in play(broken slot machines) and that was nuclear energy stocks this. There were 3 other stocks that had beautiful gains for me just because I caught the right side of the V. Anglo gold was one of those. I have been listening to really good interviews on Chat With Traders and TraderLion which helped me understand that trying to beat the S&P with just any stock doesn’t really work. You need to find stocks in play.
Now, coming back to the original questing, what other sectors are hot right now, outside of nuclear energy and AI?