I have fine tuned my add strategy on this trade that I have been in for almost a month now. I am trading off of the weekly chart.
My original entry was June 30th at 39,520
I added again July 16th at 41,268
I plan on adding three more times, using the profits from the other two positions to fund these new positions.
Add 2: 42,500 area
Add 3: 44,000 area
Add 4: 45,200 area
I will bail out and close all positions by 48,500-49,000 area
What I don't get is why the market is setting up another 1987 style flash crash around August 2025?
Nearly EVERYTHING is identical to 1987 setup that this is what I am basing my trade off of.
Compare the two charts below and let me know. One from today and one from 1987
1987
2025
I am not sure what to do about that massive shorting opportunity coming up, if I want to just YOLO 10% of my portfolio on it. I feel ok with taking a 10% hit if it doesn't pan out. Or, do I just sit on cash and wait and see. I will have to wait until price starts to unfold later.
My original entry was June 30th at 39,520
I added again July 16th at 41,268
I plan on adding three more times, using the profits from the other two positions to fund these new positions.
Add 2: 42,500 area
Add 3: 44,000 area
Add 4: 45,200 area
I will bail out and close all positions by 48,500-49,000 area
What I don't get is why the market is setting up another 1987 style flash crash around August 2025?
Nearly EVERYTHING is identical to 1987 setup that this is what I am basing my trade off of.
Compare the two charts below and let me know. One from today and one from 1987
1987
2025
I am not sure what to do about that massive shorting opportunity coming up, if I want to just YOLO 10% of my portfolio on it. I feel ok with taking a 10% hit if it doesn't pan out. Or, do I just sit on cash and wait and see. I will have to wait until price starts to unfold later.
Note
After pondering, I will go for the Short trade risking 10% of my portfolio on the first position short at the 1.25X range and adding on the second position will move to break even to keep the same 10% risk.After all said and done, these two trades alone should net me a whopping 3800% increase on my portfolio.
Note
After the flash crash of 2025, I will go Long again and keep averaging in by adding and adding positions using profits to pay for more contracts. I will continue to add Longs ALL the way up to 150,000. It should be 1000 weeks. I don't know the gains on that trade but I am estimating in the ballpark of MILLIONS. Every YM contract is $5 a tick. If I can get 50 YM contracts or more on the way up, that is my goal.
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Related publications
Disclaimer
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.