short 67.75 average short 67.75 lol (took some small lumps on the earlier short). I hate looking like someone trying to pick a top. Over the period of time I Look back, my set up has been saying a rally and then another short. So What looks like top picking to some is really shorting a bounce to me.
I always prefer to leg in cause i never know how far the sharks will push it. Of course when i leg in agressively they bend me right over and make me sweat
Would love to see a dump into the close but fat chance of that happening. Need to make the bulls feel confident going into weekend and give the bears some sleepless nights
I'm all in if I can keep my stop loss to < 3 points. Over that, I will cut size and add on retraces if I am right. Or, I'll do what I did earlier where I will take a 20% position, add 30% more at a more favorable price, and then the final 50% at a point where my stop loss will be < 6 ticks. That way if I do take the loss, it is a normal size loss for me. No way would I have the stomach to average up like you do though.
At this point I've already taken some off. A reversal on a trend day this late in the day is unlikely barring an exogenous event. I will not likely hold over the weekend.