Late on publishing this idea but here it is for performance tracking purposes. I plan a to conduct a total of 6 trades following this strategy, so as soon as profit levels are reached I will be entering into my final 2 trades. (I've limited myself to 3 open trades at any given time)
Trade closed: stop reached
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Stop was hit at $35.25. Lost another R here.
Comment
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Realizing that T earnings released this morning were most likely the cause of today's killer :(