Considering today as a loss, and reseting risk for tomorrow. If a break lower occurs, I'll take the day off and assess the situation after US close tomorrow.
I've been able to hold on for a bit longer by sliding the stop to the round number of 78.75, but believe me, my hopes are anywhere but up. This trade'll probably conk out within the hour.
I'm a self-taught, individual trader, 30 years of age. I decided to start this blog to share trade ideas & thoughts about market action. I hope to invite criticism from those more experienced than myself, & questions from those just starting out in order for all to benefit. Zeke Logan is my way-cool alias. Also, in the profile picture above you can see my assistant, Azumi, the feline trading ninja. Her alias is Mieux-Mieux.
This trade is up in the air.
ReplyDeleteThe stop is now set to reverse the position...
...and I've adjusted the stop to 79.75 for volatility. It also lines up better with the daily chart levels now too.
ReplyDeleteReversed...
ReplyDeleteStop @ 79.25
(edit) 79.20
ReplyDeleteMoved stop lower.
ReplyDeleteConsidering today as a loss, and reseting risk for tomorrow. If a break lower occurs, I'll take the day off and assess the situation after US close tomorrow.
Stop: 78.79
I've been able to hold on for a bit longer by sliding the stop to the round number of 78.75, but believe me, my hopes are anywhere but up. This trade'll probably conk out within the hour.
ReplyDeleteAdded one lot w/ both stops now set @ 78.75
ReplyDeleteThis trade looks like it's either going to ramp or flop hard either way.