None of my OADs made it through the filters this morning.
Near 10 o'clock, I did try to buy support in SPY, and I used a one-minute breakout as the entry. So I bought at the first yellow arrow (there's a red line also, which shows the break of the prior candle high).
Unfortunately, the next candle broke below the entry candle's low (the second yellow arrow and red line), so I was stopped out for a $70 loss, which is certainly acceptable on ten contracts.
The one-minute candle trail has been working nicely for me. But maybe I should have given this trade a bit more room. It definitely would have hit my profit targets if I had.
Still, I'm very happy with the limited losses this software has delivered. In fact, I've been analyzing my manual trades of 2020, and it's become quite clear to me that I would be having a stellar year if I could do a better job of limiting my losses.
Look for a very illuminating post on this subject as soon as I have time to get to it.
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