#SPX Short

FX:SPX500   S&P 500 Index
#SPX Forming a possible mini topping pattern on a daily chart . Good Risk Reward for a short position. Stop if the pattern does not materialize lower.

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back on track to follow the arrow! :)
got in short yesterday at 2341, got stopped out at 2352... Still seems to be going sideways - waiting for something... the unravelling of the Trump con probably... :)
Still waiting to declare its direction.. :) seems to be going sideways these days. The markets seem to be waiting for something - as you said in your video, Nick! :) :)
Fingers crossed for a correction! I am still long on this one... :)... the lessons of mental game... :) :)
MineThis1 vteodorescu
@vteodorescu, Now you are good my man, sit back relax get the popcorn out and enjoy! The fun has just begun! :) ;)
+1 Antworten
@MineThis1, managed to cover half of the shorts at a very small profit, but hey! :)
vteodorescu vteodorescu
a profit is a profit, even if small! The position of small, only five units, I liquidated two, three to go, at around 2200 unfortunately. However, I feel like I am coming out of the newbie phase to go into the intermediate phase... :) I feel like I learned lots from the mistakes, ready to trade with more confidence now, maybe with bigger positions. I was trading with 0.75% NAV margin per trade, at a 20:1 margin ratio. Well, we seem to have interesting times ahead, as the trump trade is unravelling everywhere. Good luck to us all!
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