Thursday, May 8, 2014

Update

Based on the update here .
Usually I don't post VST/ ST trade updates since it is already implied at open that we either close on "adequate" profits (VST & ST trades I mean) or get stopped out. Unfortunately, I got stopped out on ST trade that I opened today morning= small loss. 

I didn't get the next signal turn yet on ST trade, so we stand at 

ST - Bullish (stopped out), no turn signal yet
IT - Bearish
LT - Bearish
VLT - Bullish

The market hasn't closed yet for today; so if there are any changes, I will add in the comments section at EOD.

I took profits on the TSLA 190/180 vertical put spread at open today. Good luck trading!


Market update

Previous update here
 
ST - Bullish
IT - Bearish
LT - Bearish
VLT - Bullish
 
Sure is one hell of a market to trade, I agree. Take your profits, exit; Rinse repeat....unfortunately not so easy!

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