Call option, SPXL, SPY -- your choice
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
Trade closed: target reached:
11% profit