TradingView
Cory4rex
Oct 5, 2022 4:58 PM

SPX 10/5/22 Small Loss Short

SPX 500 IndexBlackBull Markets

Description

Tried to catch a possible continuation. But so far doesn't look like it's ready. Set a pending order at the top of the small 15m-FVG and went about 100 pips in profits.

Usually once I'm up 100 pips I'm trailing at that point or I'm reducing my initial stop loss. Most of my setups, if they are right, I'm good to go once I'm 100-200 pips in profits and I'll accept a BE or a small loss.

This scenario after taking the drawdown closer to the SL, I added onto the trade. In total, 5.2% loss on this one so nothing one, while only using risk based on 10% of my total account size.

#Longevity
More