There is nothing like giving up 20 points gain and letting it go into the red by 40 points.
What I don't get is, you said it was a top but not THE top so you were expecting another higher High, so why not protect profits??? Silly notion, I know
ES Journal - 2017/2018
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There is nothing like giving up 20 points gain and letting it go into the red by 40 points.
What I don't get is, you said it was a top but not THE top so you were expecting another higher High, so why not protect profits??? Silly notion, I know
I am out and Long at 2631.50 for loss of 50 pts. Initial stop here is 2624.00
Stopped earlier for loss of 7.75 pts,
3 point loss
Sold @ 2655.00 for gain of 16.5 pts
Good. Now you can go short. NDX daily still hasn't crossed the SMA. That is the line to watch...
No short right now. I will be looking to buy the dip.
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