Edited by CLK, 07 July 2014 - 10:15 AM.
Long IWM
Started by
CLK
, Jul 07 2014 10:14 AM
4 replies to this topic
#1
CLK
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Posted 07 July 2014 - 10:14 AM
ABC down complete lower time frames, gap fill, oversold MACD. Risky trade for more than a day.
#2
CLK
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Posted 07 July 2014 - 07:01 PM
Paper trade: Long YM 941, limit sell 977, stop 895.
Risking 46 points from prior 124 point gains.
#3
diogenes227
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Posted 07 July 2014 - 08:17 PM
ABC down complete lower time frames, gap fill, oversold MACD. Risky trade for more than a day.
Risky trade I guess "for a day." Condolences on IWM, down the most of the big four non-leveraged ETFs.
I have the NYMO and NYSI down, so I'm thinking these long trades are, yes, now risky for more than a day.
But good luck anyway...and good trading.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#5
CLK
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Posted 08 July 2014 - 08:52 AM
Stopped for -56, still up 68 for 5 trades. IWM trade is hedged.
