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