timothysykes

$2,120 profit SPY Long Stock

Entry comments: Big account I bought 1,000 of SPY ETF as I feel we're close to market bottom, not sure how long I'll hold for, but I',m comfortable taking a trade in my big account which has just been sitting

Exit comments: LOL I tried to be patient but it's not my typical trade so I'll err on the side of caution and lock in the safe $2k, not saying this is definiely the bottom, just poking around and learning

Received 9 Karmas
SurfinWaves
SurfinWaves Mar 12, 20 10:39 AM

It will be interesting to see if that level is a turning point and we get a bounce or if we break through it for real panic. I believe that you are playing off of the lows of Dec 2018 and that should be support. Very interesting.

Anigai
Anigai Mar 12, 20 12:07 PM

Very interesting, I was shocked to see you touch an ETF of any kind but a good lesson for me to always keep an open mind. Great lesson, great trade Tim.

Windwalzer
Windwalzer Mar 12, 20 2:09 PM

This was neat to see you trade $SPY It makes sense since it has gone down so much. Thank you. You are giving me an expansive education.

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