Well that was a quick, dumb loss. Out .98.
shorting .86, stop .96, target .40 EDIT rather stop .98
Moved stop to .86 and stop triggered to the tick, out for -2.
Shorted .84 on the break low, targeting .60ish, stop tight at .92..
I was reading "Trading in the Zone" and really took to heart Douglas's advice on "accepting the risk," which he defines as basically, not only...
Which one you referring to, 15m or 60m (or neither)? Using "PB" lingo, were you a J16 guy?
Out at .47 for -22 .. that one hurts, because I saw the potential for this shakeout and tightened my stop to .60 initially only to move it way...
Stop is at .48, just barely survived this push low, I fear a deeper correction or sideways movement may be impending. The ideal stop would be...
Buying .68, target .20
Shorting .06, target .85 EDIT order cancelled
On a side note, where the heck is everybody?
Man, I was hoping for so much more than that on the break... looking for Y-high at 97.50.. went long on break at .94 and closed at .08 -- it may...
Here's my brilliant *cough* hindsight analysis. Actually, I don't think the long is a bad idea, maybe not the best, but not the worst either...
As long as it's quick and painless. :D
Remind me to shoot myself later.
Thanks bro-- By the way, when I post stupid trades or mismanage my trades as posted, will some of you guys and girls who are better than me...
Even in black swan type selloffs like 5/5 this year, there were pullbacks. I understand what you're saying though, the question of when to take...
I have to leave in 15 minutes and don't want to sit through a pullback, took profit for +6 at .79 when it hit the upper TL connecting across prior...
In that example let's add commissions and make it 15% of profit. Your logic is like saying, "I'd rather make $50K a year rather than $250K,...
Buying .73, stop .43 or so, target .18
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