Have a 1/4 lot short i held since 51... covering this should see low 60's..just a good bet imo. frees up another 1/4 lot i can use to short higher price
out that 1/4 from 51 @ 63 -$30 lost $ on that 1/4 but I feel so much more relieved that i'm only short 1/2 lot now from 2707. My position is so much more manageable now! i have at least a 1/2 lot to play with now!
Am am acting correctly here or not? i'd love a bit of feedback from experienced traders. Would you have managed your position like I did, if not how differently? please
we all do it so differently that you are in a complete world of your own. That makes you one of a kind, and since most lose, maybe you will be the one who doesn't.
If this dips under 2749 right here.. i'll dump all my shorts 3/4 lot for loss. good bet imo..i'll lose $100 or $200 maybe (haven't done the math yet)but that's close worth it because i am losing so much more opportunity tied to the short side only.
2707 short,currently trading 2759,52 tick loss is larger than your winners,you have to be happy about taking losses,they require more skill than winners,so master that skill, losses are necessary,for your head and reality,get comfortable with them ,you will have to take them the rest of your life,skillfully,to succeed
thanks for the help. didn't inderstand a word either you said. you two are real poets..not good ones but poets.
You are a perpetual short numbnut. I SKILLFULLY worked my very unmanageable position (down over 150 pips at one point) back to profitability. Don't lecture me on SKILL ahole. don't even try it. without first reviewing each of my trades and why i did them over last few days.
Sorry but that really pissed me off. Work my ass off all day to put up with this nondescript BS. Take your limericks some where else.