After the Fed, there has been a lot of volatility in the market. This has caused the market to consolidate. We initially entered a bullish trade. I entered with a butterfly strategy since volatility was high. This minimized my risk drastically. Since the dow hit our stop, it was advised people with the equity/stock/call exit the position with minimal risk. I stayed in it since I have a butterfly strategy. This will be the last update for my butterfly Dow trade.
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 .