Based on rising wedge I feel an urge to short SP500. I do not have enough liquidity in the account where I can trade futures + my broker does not allow stops when trading futures. I will use leveraged ETF with stops SPXU.
While I was writing the price began moving so I had to urgently execute the trade. Will write a summary in comments.
While I was writing the price began moving so I had to urgently execute the trade. Will write a summary in comments.
Trade closed manually
I made a severe mistake by breaking 3 rules: - no intraday trading
- always SL
- limit risk exposure at 1% per trade
Violating these rules cost me more than 1% of my capital today.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.