Gotta love ZERO RISK in the SP500 = $$$

Looks like I should had kept this one

 

Dont you feel you have been a bit bull blinded these past few days? Why are you so focused on only going long?

Dont worry I caught that one for us

 

Objectives are targets where I will reduce some of the trade at
Flat means I covered the position

 

I think I have made very responsible trades and will be net positive in a big way over time like I always have been.

 

Reducing earlier kept the profit smaller than it could have been.

 

Good trading though in general Mr Texas.

 

Because on the 15 min chart I noticed that 2577 is a short term support and even though I have 2612 as a resistance the left shoulder is there on longer term chart so the possibility exist for us to run up to 2638-42 before heading down much lower.
Since my stop is inside this possible move I decided to take the quick profit and wait to see if my higher short materializes. Of course it then proceeds to drop 15 more points after I cover but that's just part of trading.

 

I dont doubt that, I am still interested to hear why are you so bent on going long when the market is this choppy and there are great opportunities in both directions.

 

And does the same for losses when wrong

 

I only trade with bias and right now I am biased long. This is because I trend trade. I will take losses in order to have extended gains when right. It's not something most folks are interested in. What you will get from me is honesty.