Short Palladium @ 1,900; TP @ 1,520, SL your choice Short

TVC:PALLADIUM1M

PALLADIUM (US$/OZ)TVC

Description

⋅ Dec 10, 2019 4:47 PM

Short Palladium @ 1,900; TP @ 1,520, SL your choice. Small position going long term.

Trade active

⋅ Dec 10, 2019 4:47 PM

Trade closed manually

⋅ Dec 23, 2019 1:37 PM

Closed position @ 1,822 for a gain.

Comments

keeles001

⋅ Dec 17, 2019 4:33 AM

And if it goes to 2300/2500? Then the drawdown will be worst than potential gain?

Spiderweb

⋅ Dec 17, 2019 3:45 PM

@keeles001, as mentioned above, it's a small position plus did not margin. My stop loss is +50%, so it's 2,850. I know what you are saying and I agree with but I am now along for the ride! If it goes any bit higher, I will change my target to entry at 1,900 so I don't lose any money. Let's hope this works out but I did plan ahead for this.

Happy Trading.

keeles001

⋅ Dec 17, 2019 3:52 PM

@Spiderweb, Thanks for the answer, i'm looking at 1600/1650 for the correction, before the next step

Spiderweb

⋅ Dec 23, 2019 1:38 PM

@keeles001, Closed position @ 1,822 for a gain.

keeles001

⋅ Dec 23, 2019 2:11 PM

@Spiderweb, nice one, i'm looking at 1600 area