SPECULATIVE BUY ALERT.
XLF --- is a speculative buy here. A Speculative buy carries more risk but can potentially pay off bigger.
Play suggestion: March 31, 2021 $23 calls.
READ THIS IN ITS ENTIRETY.
The timing of these alerts is important! Please check the date.
For added guidance, back up my alerts with The BOOM System. Go to my website, TradersChoice.net and put the ticker into it. Click/Copy paste: https://traderschoice.net/about-traders-choice/
How to play a position. If you put on a big gain early on you can choose to close half the position pull a profit and ride the other half. You could also choose to close the entire position and lock in a full profit. You can also choose to hold onto it...It’s all about risk tolerance. Moreover, I would suggest buying options which do not expire for several months with just OTM strike prices. The farther out you buy, the less risk. -CONSIDER BUYING OPTIONS WHICH EXPIRE 8 MONTHS OUT OR LONGER TO MINIMIZE RISK AND REMEMBER! IT IS NEVER WRONG TO PULL A PROFIT… Your job as a trader is ONE THING... TO PULL PROFITS… PERIOD.
I WILL NEVER LET YOU DOWN AND I AM COUNTING ON YOU TO SUPPORT MY WORK. Click/copy paste HERE: https://paypal.me/GregoryMannarino
***TO BACK UP THIS TRADE, PUT THE ABOVE TICKER INTO THE BOOM SYSTEM.
CLICK HERE: https://traderschoice.net/about-traders-choice/
NOTE: Trading involves financial risk. By signing up/utilizing this service, you agree to hold harmless and indemnify Gregory Mannarino, his associates, partners, etc. without limitation, against any and all losses, damages, liabilities, etc. also without limitation. You understand and agree that there are no guarantees of any kind by using this service, and that you alone are responsible for your own trading decisions and the consequences thereof.
Please trade wisely.
GM
Financials will rally hard when the smoke clears. The fed will back up the banks forever.
Hi Greg
Teach us a little about this. The boom shows that xlf and spy still have a day or so to go to reach bottom of the cycle on the chart. Why buy now as opposed to when it drops in price over the next day or so?
Thanks!!
M