Sticking by the Average.

in voilk •  4 months ago

    I saw that price was moving, but just snaking around the average.

    My bias is always to run with the bulls. I also saw that price here on the 5m was moving under the average. This tells me I should trade UP.

    I got in just when I wanted.. with 20 minutes of trading left.


    I did modify my stop to 2x, to give price a little more wiggle room. Good thing, too.. price dipped and would've stopped me out fast.

    almost got stopped, but it made it through and the bulls took it at the end.

    Sure. $90 is a good profit, but I told myself NOT to risk that many contracts on 1 trade.. not for the capital I am realistically going to use. Since this is monopoly money, I have no hesitation risking more contracts! :P

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