Hi guys, I opened a net long position on MES FOP on friday before deepseek's news. Doesn't need to say I never was in gain since open. The strategy expires feb 28th so I have time to adjust it but everything I've simulated makes it worst.
My legs are +6210C -6160P + 6100P
Bought at 38.20 avg and now -27.25 avg for a loss of -300$
I'm not too much complained by the loss, I know since the open that my max loss is about 500$ but I want to learn something from this trade from more experienced traders: how to modify the strategy to reduce loss or exit at BE?
I think we will remain in a wise trading range till expiration, this is my view.
Thank you all