Tuesday, July 3, 2018

Market pauses for the 4th of July; I left money on the table but that's OK!

Every trade has to balance two impulses:

I looked at the market early Monday a.m. and my "too risky" trade was showing a small profit at the time, so I closed it out.

It turned out that I left money on the table:

... as after gyrating up to the 2730+ range a couple of times, the SPX swooned at the close back down to 2713, which would have left my trade fully profitable.

But! The biggest account I'm trading is still up ... 65.5% since I started in February, most of that in the last 6 weeks. So ... I can't complain!

More details and a new Monte Carlo Simulation on Sunday ...

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