Long SPY 40 shares @ 306.50
Take profit is 315.18
Stop loss is 302.68 max loss is $152.80
Cost of trade is
$12260
5/100 in the 100 trade challenge
So far my win rate is 0% my last 4 trades have been losses. I might have to cut my targets short and just take gains from the swing early. We'll see how it pans out.
My play on this one is to play the 50 MA bounce and it may work out. We'll see how it pans out. I might need a wider stop.
Take profit is 315.18
Stop loss is 302.68 max loss is $152.80
Cost of trade is
$12260
5/100 in the 100 trade challenge
So far my win rate is 0% my last 4 trades have been losses. I might have to cut my targets short and just take gains from the swing early. We'll see how it pans out.
My play on this one is to play the 50 MA bounce and it may work out. We'll see how it pans out. I might need a wider stop.
Trade active:
Target adjusted to 313.35
Trade closed: stop reached:
I got stopped out