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June Bull Trade

1 reply, 2 voices Last updated by John Locke 3 months, 1 week ago
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    • #17234

      John Locke
      Keymaster
      @john-locke
      Going to The Trading Triangle LIVE 2016Locke In Your Success CoachAPM2Trade JournalsUltimate Income Trader Workshop

      NK,

      I will address this here and if there are further questions, let me know.

      Based on T+0 line projections on entry, the position shouldn’t hit it’s Exit Loss Trigger (stop loss) until RUT gets under 2130. As time passes, this (at least in theory), will get better.

      This being the case, there would be no concerns for the trade, certainly not in the near future if RUT stays above the 2130 level with the expected pull back.

      Also note that there are multiple Bull trade lessons in the FIT program

    • #17233

      N K
      Participant
      @rishforce@yahoo.com
      Points: 117
      Rank: Newbie

      John,

      Can you please explain your comment “As long as RUT stays above 2130, we should be fine”. This is at around 18:51 on Episode 824 April 19, 2021.

      Thanks,

      NK

       

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