💼 Inside the Portfolio: Updates from our Swing Trading Desk

24 Sept 2024 - Insights, adjustments, and forecasts about our latest swing trades 💹

Despite today's broader market downturn, our portfolio has demonstrated notable resilience. We've strategically capitalized on market strength by closing one-third of our OKLO position and one-quarter of our PCT position, effectively locking in gains.

In light of current market conditions, we're maintaining a cautious stance. We've initiated only one new position, allocating a conservative 0.25% risk of our total equity, funded by the profits from our OKLO and PCT trades. This measured approach aligns with our recommendation to avoid new positions unless supported by existing profits.

The market is currently in a consolidation phase, and we're closely monitoring whether this will resolve upward or downward. Given the uncertain environment, we're exercising prudence in our investment decisions.