Alış
Güncellendi

Range Trade With High Risk Reward, Lot's Of Potential Catalysts

300
Retail Sales posted abysmal numbers
National Emergency declared
S&P500 due for a reversal
China U.S relations worst in recent memory with the arrest of Huawei CFO
U.S. industrial production fell in January for the first time in eight months

Something has to give. I'm using some intuition with this trade, just have a good feeling about it, especially considering the political environment. Also, I like how it is at the bottom of it's short term range

I like the technical component too. Even though TVIX erodes due to contango, this level has still shown to be resilient. The range is beautiful, with potential upside of 10%+. Only buying 1/2, will fill on momentum or on a pullback to either bump out or reduce average.

This is a risky trade though



Not
Will try to bump out at$32.50. Was considering selling, but I'm hold strong to my original conviction. Not down that much anyways
Not
I liked it at $33 for the fill. Hesitated, was close to adding though.
Not
fill $32.50. average $33.05
Not
Sell 32.07, loss 3%
Not
Re-enter 1/4 32.22
Not
add another 1/4 32.32, average 32.27
Not
fill 31.76
Not
average 32
Not
Taking loss, 31.20
Not
fill whole position 31.30
Not
sell 1/2 31.36
Not
ill 31.90 ave 31.60
Not
fill*
Not
was better to add the rest through 50 not 32
Not
sell 31. Done . Lost too much, out of the race
Not
Refill full position, 30.25
Not
sell 1/2 32.16
Not
down 4% realized as opposed to 7%. back in the game
Not
missed that pullback at 31 3/4 for the refill.
Not
fill 32.05 ave 31.65
Not
sell 1/2 32
Not
sell 30.25, lost 4%

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.