Futures/Index/Ichimoku: S&P Mini-Futures/SPX: 7-10-07: Trade Update

Our trade is looking really good. I actually sold S&P mini futures are 1544. Today, we closed at 1519.00. This is a nice bit of profit. If you purchased options, you are up $100+/contract.
I am going to get out and take profits when the VIX reaches 18.00. Also, I am going to have a tight stop in order to preserve profits.
For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

About the Author Manesh Patel