It was a short week due to the holiday on Monday. It was not a busy trading week, but it was still good!
Google was a 2x trade. $115 profit per contract. Think in multiples and scalability. If you had 10 contracts, that was a $1,150 morning. Small accounts trade in smaller sizes, as in the number of contracts, while larger accounts trade more contracts. Remember, strategies do not change depending on account size!
JPMorgan is still open and heading towards our target.
Let’s look at the charts…