Dow Jones - Long Term Scenario (Trading Plan)
Updated
Here is the scenario I expect for the long term, I will update this idea as I go along in my trade.
So I'm buying a put option now and another one if it continues to move up, my puts will probably be going for around 80-100 days until expiration.
So I'm buying a put option now and another one if it continues to move up, my puts will probably be going for around 80-100 days until expiration.
Trade active
Sold half of my profit so far and I will sell the rest at the final target.
Trade active
A bit of a bounce back but I'm holding out until the final target.
Trade closed: target reached
Looks like its hanging around 180 and a possible turn around so I will close for profit.
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