
#2 5min & 1min charts. Tried $SPY in the bullish direction again. After trade #1, $SPY did turn back up. I entered as it bounced up off an upward trend line & broke through resistance. $SPY broke higher nicely right up to a prior intraday resistance. I could have made a profit & reduced my losses from trade #1, but I held, hoping it would break that resistance. It didn't but instead moved down & continued down. Once it broke below a very solid support, I exited. Entry good, exit very poor.
Newsletters:TimChallenge
Broker:Schwab
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| Date | Price | |
|---|---|---|
| Entry | 2/23/2024 | 0.91 |
| Exit | 2/23/2024 | 0.63 |
- Total Views15
- Position Size1
- Percentage-30.77%
- Option TypeCALL
- Strike510.0
- Expiration2/26/2024
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