stop loss would have been hit here, but could this just be a "stop loss hunt" or simply shaking out the "weak hands?"
I dont really care, so I will just stick to my plan and sell out since my stop loss hit
but what if it goes up? great. ill find a new set up. but what if it keeps going down...? great because I sold
Yesterday's trade went sideways which I did not expect because I cannot predict the market. It was in no mans land.
Now, we get a hint, in the short term, that price doesn't want to go below the green zone.
Based on the price action set up right now, I am long and will set a stop loss ... where? somewhere below the green zone. Just as a simple analysis for a...
The E-mini appears to be in no man's land.
To me, this means that price is trading in between two levels of my interest:
1) somewhere that I can short (the red box)
2) somewhere I can go long (dark green box)
I will keep these levels in mind, knowing that the price is not desire-able for me to trade (I am thinking about setting alerts which I don't do).
I...
Practice
Nov 17 - 19:
- simple experiment on a bullish pattern
- no stop loss
- no profit target
a) The paper trade futures did not get filled
b) 3955 strike on the long play.
