US 500 (SPI) / US Dollar Forum & Chats (EASYMARKETS:SPIUSD)

4 hours ago

Currently still under a 13% correction. The 2022 mid term correction was 25% (4800 down to 3600). It also happened after a year of pump from previous daily swing high.... just like now.

pacifiedChile20105

4 hours ago

dont be mad the left wanted to take from the rich and here we have it this is what dems wanted

pacifiedChile20105

4 hours ago

there goes your retirement guess you will learn to code ehh

amaliad_

4 hours ago

Just broke support. Likely a retest then all the way down to 200.

Sumit_TradingAdda

4 hours ago

accumulate for new ATH soon

billionaire_guru

4 hours ago

Guru's #AprilChallenge Day 3rd Report Card.

Starting Balance: $3987
Ending Balance: $4083

Net PnL: $96

Option traded:
1.) Bought SPX 5430P at $730— one lot. Sold at $1260 and booked a profit of $530
2.) Bought XSP 543P at $108—10 lot. Sold at $120 and booked a profit of $120
3.) Bought XSP547C at $236—one lot. Sold at $105 at a loss of $158
4.) Bought XSP547C at $78—three lots. Sold at $29 at a loss of $147
5.) Bought SPX 5430C at $210—one lot. Expired worthless
6.) Bought XSP542C at $39—one lot. Expired worthless

Performance: Good

Emotions: 1.) Relaxed today; 2.) showed no hope and greed.

Strong Point: 1.) Able to close some trades with a loss, which indicates that Guru is doing well on becoming hopeless in trading. 2.) Perfect entry on first put. 3.) Followed the "trend is friend" rule.

Weak Point: 1.) Overtrading. 2.) Broke own rule of doing two trades only. 3.) Did a last-minute trade with an OTM call option.

Guidelines for the future: 1.) Never ever overtrade. 2.) If scalping last minute, then always buy an ATM or ITM option. 3.) Never trade if you have already booked a good profit in your first trade.

Thank you, everyone, and I am just $917 away from reaching my target. I hope everyone did their best today. How was your third day of challenge? Please share your P&L with all. See you all tomorrow!