I'd better just get out on the day trade. Out @ 2819.75 for gain of 8 points.Short term day trade here. Long@ 2811.75 Initial stop 2781.00
I'd better just get out on the day trade. Out @ 2819.75 for gain of 8 points.Short term day trade here. Long@ 2811.75 Initial stop 2781.00
The floor in this market is @ 2550. For now I am buying all dips above that level.
Long term floorThis is a completely meaningless statement, because the price is so far away. Unless you meant 2750.
Out @ 2824.25 for gain of 3.25 pts.Long for the last 10 min or so 2821.00 Initial stop 2806.50
The idea was to gain a lot more than that but the market stalled out and pulled back. There was quite a bit of volatility yesterday so I needed to set a stop that would not likely be taken out with noise.I don't understand the lopsided r:r ratios on your daytrades ? Risk 20 for 9?