Day Trading MARA

day trade mara Jan 08, 2021
day trade MARA

It has been a good week inside the chat room this week.  I posted two trade alerts for MARA today, one at 25.80 and the other one at 26.00, both as high probability longs.

Here's today's 5-minute chart:

MARA could have been easily traded as either a short or a long today due to its volatility.  And seeing the obvious line of support at the R1 line is easy in hindsight.  But, when you're in the thick of it, things can appear somewhat more muddied.  That's why it's always a good practice to review your trades, take some snapshots of the trades, and review your trading activity in the light of hindsight.  That's how we improve.

For the week inside the chat room, I posted 19 high probability trade set-ups.  18 of those hit their targets with one trade hitting its stop.

Hope you've had a good week of trading!

Bob Joiner

 

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