Sold Half Amazon - Raised Stops - Halfway to Final Target!
#amzn #amazon #stocks #stockpicks #stocktrader
Trading Fam,
We are halfway to my final target. I’ve been trading safe lately. So, I decided to sell half here, capture some profit, and raise my stops to $225, ensuring we’re all in the money on this trade.
I was also stopped out of the remainder of my Paypal position after it reached my final target and I raised my stops to a healthy 7.4% profit! We were all in the money on that position as well!
Congrats to those who followed me. We are 14 wins for the last 14 trades with an avg. of 33% profit per trade. Since implementing my new indicator just over a year ago, I continue to improve trade accuracy with each trade. Experience is growing, and so are our wallets. Our portfolio is up 69% since inception, just over a year ago! Those are incredible stats for any trader, never mind someone like me who recently learned how to trade liquidity!
The remainder of my trades, with all the details, can be found in the tracker.
✌️Stew
Raising stops to $225 after taking profits is exacly what seperates disciplned traders from those who give it all back. AMZN's been consolidating nicely and that liquidity approach you mentioned seems to be working. The half position exit at this level makes sense given how much resistnce we've seen around $230.