My trades today

After a long break I am getting back to writing. I will now write more about the indexes and stocks that I actually trade. Last couple of weeks wrecked havoc for all traders, I am sure. But it’s time to get back into the trading mindset and make sure we are all prepared for very possible, now, Bear Market.

Today I traded RUT, XLV and XLE

RUT trade is a bullish trade. I am betting that it will go up within the next two months. As always I calculated my risk and position size. My reasoning is the small bearish candle and slowing momentum.

XLV and XLE are bearish trades. I am betting that these two will go down or stay at the same level in the next two months. With XLV I am hedging my bullish position and with XLE I am bearish since it penetrated the support.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s