You hit a home run.
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Position trading calls and ideas
- Thread starter bbpp
- Start date
You hit a home run.
Long 10 year T-note at 129.375.
Exited at 130.21875.
long on utilities stocks.
Exited at 1503.
U made $2?
U made $2?
Yes, I was planning to hold it much longer but the news that US consider limiting investment to China came out and it is a big deal and the probability of its happening is unknown. I just could not evaluate the effect of this event, so was forced to exit.
However, my 10 years note trade and GBP trade were both home runs.Still hold GBP short.
Yes, I was planning to hold it much longer but the news that US consider limiting investment to China came out and it is a big deal and the probability of its happening is unknown. I just could not evaluate the effect of this event, so was forced to exit.
However, my 10 years note trade and GBP trade were both home runs.Still hold GBP short.
so you trade gold based on news and no TA/chart being used?
so you trade gold based on news and no TA/chart being used?
No.
I mainly trade based on TA, and prefer there is no news.
But when important news came out and it can set a trend or change a trend, I need to consider the effect of the news.When I am unsure I stand sideline.
This morning's news may or may not change the trend.I was unsure, so I just stay sideline.
No.
I mainly trade based on TA, and prefer there is no news.
But when important news came out and it can set a trend or change a trend, I need to consider the effect of the news.When I am unsure I stand sideline.
This morning's news may or may not change the trend.I was unsure, so I just stay sideline.
did you have a stop loss in place?