%% Exactly; i like to dry fire some + live fire .22 rimfire, .22 auto, .22 hollow points, .22 plain lead. I missed so many animals with my bow, may never bow hunt again; I like .22, 00.38[aka .38/357 magnum, 30-06, 12 , +occasional BB gun LOL] Sorry for the accident +guns can be dangerous; not vey dangerous with 10 commandments of gun safety. HOPE he or she is ok BUT i see Henry Arms is doing a recall on single shot rifles...........
I have had some trouble pulling the trigger on trades last few months so this is mainly a heart starter. Averaging down so far from textbook trading. I bought originally at 4446,purchased again as it fell for an average buy 4440 and a plan to purchase a 3rd at 4419 which is the last real support that stands out to me.(4429ish ave over the 3). Stop just below the round 4400(4397) so a potential loss of around $350 should it continue to fall.
Update. 3rd contract didn't trigger so I am long 2 from 4440. Currently trading around 4451. Technically I am still break even as I will move my stop to entry plus costs at 4453. Trailing stop strategy I'll trial if trade keeps moving north is: First 13 pts-entry plus 3 pts stop. Next 13 points-move stop further 6 points. Next 13 points-move stop further 9 points. Next 13 points-move stop further 12 points. i.e at this point market would be trading at 4492 and stop would be at 4470. Not sure if this is too conservative or not conservative enough for this product but ideally I'd like to sort of 'fan' a successful entry and chase a 3:1 target price.
Update. Result was b/e plus 3. In hindsight I would have left original stop in place until the volatility of the opening hour had passed.
%% I need to double check anything; or can substitute an inverse ETF for one of the 2 steps. 00.28% loss on SH@ bid price of $14.02. Usually means SPY is up 00.28%[more or less LOL] that position or better depending on entry time+day.
BA $215c paid $2.00 ave out $2.75-$2.90. Coin $3 ave, out $4.50. Was greedy and cancelled my sell at $5.10. They cleared the book to $5.20.