Sure looks like a turn to me.
I'm a full sell. I'm gonna add back into the trade. I do think a bounce is likely. I don't expect it to get past 1815. Just hard to always time this stuff in the funds. If we get a bounce in the morning - as long as I stay on a sell - I'll add to the trade again there.
If we get a gap down, I'll be taking partial profits again.
When I have a trend signal, I stop trading in and out as much. I don't worry as much about getting out quickly. But I still don't have a trend signal right now. It is in a position to switch on though.
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Trading Rydex NDX. Still learning.
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About Me
- Esther
- Absolutely nothing I write should be considered investment advice. It honestly isn't. This is simply an online trading journal. Just trading a few years over here. I trade Rydex NDX primarily. I trade for small consistant gains. I am not a swing trader. And I'm not day trader either. My time frame is usually 2 - 5 days. Small consistant profit adds up over time. As Selecto says - A crumb here, a crumb there - pretty soon you got some bread. The other saying that comes to mind is - to get there fast - go slow. Trading is two steps forward and one back.
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