I am an S&P bull for the most part. But that won't keep me from taking a short scalp when a defined set up presents itself. I used a -2.5 point stop loss and a +5 point take profit. This is my Topstep prop account. I passed a second combine with Topstep yesterday so I copy traded the new funded account so this is x2. I will probably sign up for a 3rd combine next week.
Good call by @QTrader20. It's sell the rips for now it seems. Good call by @schizo, too, although a day too early.
I was just saying people take it too seriously/ think that news or events actually matter, when it is designed to go up regardless.
Well it has to \ in order to / right? Just look at all the long term charts, the bias is obviously the up part of the V. The real question is how big of a V are we getting and of course the larger and faster the initial drop, the bigger the V will be. If it's in a chop zone then the V's will be smaller. So April or July is more ideal for larger V's.
Market still at entry price 30min later. SL 56.75. TP 41. I'll leave it here Probably getting stopped out
Are you trading zdte options on the Q's/SPY, and if I may be so bold, what is your success rate? Now oftentimes in forums like this, a well intentioned honest question from one party sets off defensive posturing in the other party. I am not trying to do that. I would honestly like to know how you rate your own performance in this realm.