Posted by frtaylor on 30th of Mar 2021 at 09:37 am
Yes, please do notify of that 3rd entry. That combined w/
an intraday pattern, etc., could make for a lower risk trade.
Heck, notify us of the 2nd entry, with this rationale: one
could set a buy limit for 1 or 2% below the 2nd entry's price; or
watch for an intraday candle or TA pattern ; or put in a buy order
for a call that's a couple hundred below the price on the entry
day. In the case of a call, the strategy could be to play for a
short term bounce, so you could go out only 4-5 weeks instead of
the usual two months.
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Yes, please do notify of
SPY reversion to mean systems
Posted by frtaylor on 30th of Mar 2021 at 09:37 am
Yes, please do notify of that 3rd entry. That combined w/ an intraday pattern, etc., could make for a lower risk trade.
Heck, notify us of the 2nd entry, with this rationale: one could set a buy limit for 1 or 2% below the 2nd entry's price; or watch for an intraday candle or TA pattern ; or put in a buy order for a call that's a couple hundred below the price on the entry day. In the case of a call, the strategy could be to play for a short term bounce, so you could go out only 4-5 weeks instead of the usual two months.