Live Day Trading $NVDA On Webull Desktop Software (To Tight of a Stop Loss?) | EP 045

In episode 45 of Live Day Trading with Webull desktop software I trade ticker symbol $NVDA (Nvidia). If you happened to watch last week's episode of the weekly scan, I happened to mention that $NVDA looked to be a great short opportunity.

Well, today I day traded it for a nice profit of $373. However, I am wondering If I was to tight on my Stop Loss order. When iI got stopped out of this day trade the price happened to drop an additional 7 - 8 dollars per share! Which means I happened to miss out on a LOT of profits.

In short, I belive I played this correctly and it just so happened to not work out for me. Its easy to say I should have had a bigger stop loss, but the reality is that I would be thinking about having a tighter stop loss if the price moved up on me instead!

Once you have a strategy, stick to it. Once you have a trade plan, stick to it. Do not let emotions of day trading knock you off balance!

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.