This morning the Q's opened lower again but have been steadily building steam for the first hour of trading. This is the type of movement I like to see at points where a short term trend change happens. I'm now starting to feel confident in this change and I decided to add more onto my existing position.
I bought another 10 contracts of the QQQCQ this morning at $0.65 and now have a total of 20 contracts with an cost basis of $0.68. Now that I have more money on this trade I will place a stop loss at $0.50 for these 20 contacts.
I bought another 10 contracts of the QQQCQ this morning at $0.65 and now have a total of 20 contracts with an cost basis of $0.68. Now that I have more money on this trade I will place a stop loss at $0.50 for these 20 contacts.
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