vlad.adrian
Short

S&P500 - Yesterday long, today short

INDEX:SPX   S&P 500 Index
270 6 5
My long trade didn't work out yesterday, although it wasn't a mistake, every system fails. Yesterday the market fell down sharply and stopped me out, and after that I got short. I expect the market to correct to 1900 give or take in the first place, and maybe even more after that, with the interest rate rise coming. I hope the market wont go down directly, because I have long positions in European stocks . I didn't decide on my stop loss yet, either above 2000 or above 2020. The risk reward is not great at all, but it will do.
jangseohee
2 years ago
It happens to me too (though not this case) but i believe you are longing it for the risk-reward ratio?
What happen it DJIA up +300 end of trading day.. though i sound crazy.. it will be candlestick signal offset or negating opposite signals.. Cheers :-)
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Will Wong
2 years ago
What do you think of that big hammer?
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vlad.adrian PRO Will Wong
2 years ago
sorry for answering so late, I think it is very bullish now and we will see a new high!
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Closed this great position on 08.10.2014 on that very bullish day. What an exit!
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jangseohee vlad.adrian
2 years ago
Yup, price starts to range...
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Will Wong vlad.adrian
2 years ago
I am out of stocks for now and riding on a few short ETFs
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