On Monday September 27 I had started a repair on a SPY ETF Market Direction Portfolio trade. Unfortunately the next day the SPX turned around and commenced to fall. In hindsight I should have waited longer to enter a repair or when the index started to fall, I should have closed it for a loss since I already had started a new SPY ETF trade holding long puts.
Now I am continuing with the repair and today I made a new trade in the trade. Members can review the latest update by going to the heading “Outcome Of The Trade” and go to Thu Sep 30 2021.
The rest of this trade alert and ideas article is for FullyInformed Members.
Update of SPY ETF Market Direction Portfolio Trade Alert From Mon Sep 27 2021
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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.
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