Treggs
This is the original trade below. Targets are still the same. Now have 8 contracts, as the trade adds a contract every 100 points down. Stop is now 5627.
Whilst the trade is working so far - I'm concerned that a lot of people are getting hurst because they only know one way to trade. The 5 year bull market has seen a lot of traders enter the markets with only one set of tricks to play, and they're all variations on the same theme:
* the long buy on a pullback
* the long buy indescriminately hitting whatever is moving
* the long buy based on whatever some shark or w*nker on HotCopper is spruiking.![]()
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