- Here’s another Long Term trade that I took position from last week
- Please note that if my Target of $124 is reached, I intend to stay in position and evaluate the situation
- Looking at this chart over the weekend, I noticed that the Target does not yield a full 2R return
- The 2R minimum return is the new standard of all my entries from now on
Why not EUO ?
ReplyDeleteor short ULE ?
or options on FXE ?
@ Anonymous
ReplyDeleteI am just 'starting out' trading on longer time-lines because my work schedule just wouldn't allow me to 'closet-ly' day-trade. So to answer your question... I don't know! I still testing the water on longer terms trades. I picked on FXE based on the various blogs that I've read and decided to give it a shot to see what happens. The money involved is very little as I'm still very much a 'beginner' in trading... all kinds of trading.
Thanks for visiting my blog and to drop a comment!