Have time today for some intraday plays. Target 2725 hit. Exit long, looking for re-entry at lower price
Impossible to happen, I keep $3,000 in account for each lot I trade Indexes, that account has more as I do all long term at that exchange which am a member. In my past, I have wiped out twice, never be a third time. Done much work in what will it take to wipe out again. Learned my lessons well on not being a hog. I been solvent since late 1991. Automate systems always have wide protective stops but either based on science or charting, all my price bars are synthetics based on acceleration physics of price and volume. So I can have patterns that no one else might have like a H&S won't show up on general publics.
OK, tell me how you trade it?! You see, if you say, X has a 75% chance of happening, the translation of the 75% would be: quite likely, or more likely than not. So you would take a position in the direction of X. But the translation of 25% (not to mention you just pulled that number out of your behind) is: not very likely. You even put a target on a "not very likely" to happen event. That prediction was simply untradable, thus there was no info value in it. Now if you were selling options... But we are futures traders here...