Yesterday I outlined the trade I would be entering ahead of the unemployment report. This is a trade strategy I have used repeatedly around both the unemployment report and Federal Reserve Chair Janet Yellen’s policy statements and announcements.
The trade is now closed and the return was 33% against capital at risk.
Members can review the trade details, the outcome, how the trade was handled for the close and the method used to determine when to close the various positions in the trade.
33% Return On Spy Trade Before Unemployment Report – May 6 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.