I don’t like using upside targets, it limits gains. I generally will take some off on a quick 10%, maybe 15% gain, to reduce risk. Other than that, I don’t like limiting upside but will watch support lines. On the downside, another matter altogether.
If the price doesn’t even backfire Where is the risk ? I sell nothing until I have some kind of danger signal. Because the price can make new high every fcking day for several weeks. Who knows ? I am not a fan of selling X after Y days or Z percents. I’ll leave this to blind peoples.
Good Morning M.W., How it goes today? I have heard about it, but did not know in detail about the large sums of money that can be made it from it. Interesting topic.
My man Muppet is the only one who has posted true Edge... Access and speed are within reach of the retail trader.. My edge was a niche trade that lasted 2 years.I was the first one in and the fastest.. The trade has gone from 50% plus returns to zero overnight... Thats how I know it was true edge
Because you didn't make any money out of it. Yeah but ... I wasn't able to let the law of large number work it out.
Hi longandshort, In the equity market I trade, short selling is prohibited, I can trade long only. No options yet, only warrants and stock, and they can long only. When the market is bearish, I gradually reduce my exposure until I get out and end up with only cash. I am thinking of trading in such market conditions. Long only, but haven't found anything yet. If I may ask: Do you think it makes sense to trade or hold individual stocks in such market conditions? Or, is there an alternative to saving cash? And if yes, what instruments (stocks and or warrants)?
Huh??? I traded over 2 million option contracts in 2 years,and did 50 percent plus per with no risk other than minimal leg risk What are you talking about?? If I didnt make money,why would I call it edge???
It should be okay but you’ll need to be more prudent. The lack of such tangential products should imply a greater risk premia.
Thanks longandshort, But... if the edge is harvested through information diffusion that traded long only, wouldn't trading or holding stocks in a bear market (index, stock universe) only lose money? But, why do you say it's okay? Is there something I'm missing in this?