This is the 3rd week on the trade, and the question I ask myself is: do I want to stay here? We're approaching the level where the adjustment point is no more than 1 st. deviation in the volatility cone, from that point on, adjusting is simply part of the expected law of probabilities.
I'm looking for a small retracement Tomorrow so I can take this trade off the table. If we open crashing down, then I might stay for the ride and take my chances adjusting, otherwise, 5% is good to me.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment