Simple trade idea here. 1 month out, >10% RoM (Return on Margin) This one was filled at 0.55 credit, allowing for commissions on the way out to be covered and keep the 10% return.
I did not love that this was moving downwards still, but we are near the bottom of the range and this trade gives us 8% or so of room. Management rules will still apply. close at 50% profit, or -200% of credit received.
I did not love that this was moving downwards still, but we are near the bottom of the range and this trade gives us 8% or so of room. Management rules will still apply. close at 50% profit, or -200% of credit received.
Note
This idea was a loser - closed at -250% (market gap pushed past -200% threshold) - Avg debit of 2.035. On to the next one!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.