SPX Long
Hello, current price´s seem to make up for a good swing trade with entry at current prices and a Target of the red Curve.
All in all i expect sideway trading for spx for like 1-2 years as interestrate are rising. I dont expect a hard crash except a World War starts.
Risk/Reward ratio is good if one uses close stoploss.
If this happens to fail and trigger my sl it will my low loss while the upside is "alot"
Im aiming a 5:1 Risk Reward Ratio for basically all my trades.
Day Trading is risky, so be careful.
Stoploss: 4143
Entry: Current Price
Target: 5300+
Always DYOR!
All in all i expect sideway trading for spx for like 1-2 years as interestrate are rising. I dont expect a hard crash except a World War starts.
Risk/Reward ratio is good if one uses close stoploss.
If this happens to fail and trigger my sl it will my low loss while the upside is "alot"
Im aiming a 5:1 Risk Reward Ratio for basically all my trades.
Day Trading is risky, so be careful.
Stoploss: 4143
Entry: Current Price
Target: 5300+
Always DYOR!
Note
Trade closed: stop reached
was worth a try but got stopped, looking forward to long again.if using no leverage this is likely buy the dip opportunity still.
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