Saturday, February 2, 2019

XLF Coiling

With 2 weeks left on the current XLF spread trade, the simple take away is this: XLF has not moved in 3 weeks since the trade started. That said, we still feel it will move and move hard when traders finally pick a direction. The original post for the trade can be found here.

We will continue to monitor our stop loss pricing to protect capital. The hope for a move cannot eclipse the importance of managing your capital when trading. There will always be another trade to make unless this rule is not followed.

Part of the reason this blog exists is to be an experiential resource. With the way this trade is playing out, the blog's notes provide a point of reference needed.





** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

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