We are exiting this position in VXX tomorrow Sept. 23rd. The signals are no longer looking as bullish as they did last week so it’s better to take a small profit now rather than risk turning this winner into a loser. Keep in mind that this is a trade setup for the opening of the market on Sept. 23rd.
The attached PDF file will also highlight the 1% Rule for Managing Risk. Please be sure to apply this rule to each one of your positions moving forward.
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