What a great Swing trade! We were able to re-invest our $GOOG swing trade profits into $UVXY. This was a very low risk, high potential trade. Take a look at our $GOOG swing trade that netted us a +95% return on investment, allowing us to size in heavily to $UVXY and let the position work for us, taking just over a month!

Our Entry: 

Take a look at our entry on 1/4/2018.

We took the stock shares long at $8.94 per share. at this time $SPY was highly over extended and it was only a matter of time until the market had a minor correction, allowing $UVXY to rush higher and provide us and our swing traders HUGE profits!

Our Risk: 

As we entered the trade we knew we were going to risk approximately $0.50. We made sure to know exactly where we were going to place our hard stop loss and exactly how much we would have risked with our swing trade position size. Knowing $8.50 would be a huge support and psychological level for $UVXY we gave ourselves some wiggle room placing our hard stop at $8.45 per share. Risking just around 5.48% of our trading position.

Our Expected Profit Target: 

.Our Expected Profit targets checked out with our 3-points of interest system. We must never risk more than a 1/3 of what we expect to make.

Referring to the picture below, our first profit target was around $10.38, allowing us an expected profit of + $1.44 per share vs. our risk of  $0.49 per share. Our reward was $1.44 vs. $0.49 which is  right at our 1/3 risk to reward. Which is fine by us when we have multiple expected profit targets above our first expected profit target looks like it will easily be cracked through! Not bad for a trade that was funded by our recent $GOOG swingtrade!

Not bad profits! For re-investing your 95% swing trade win from $GOOG! Swing trading is all about hunting, and preparing for low risk high potential trade setups! Congrats to the swing trading members who are currently up +163% ROI with our $GOOG and $UVXY swing trades!

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