08-05-11 03:12 PM Quote from iloveoptions: I also would like to make you aware that your stop was 55 points from your entry. Mine was 50. What makes yours more realistic than mine?? Wanna field this one B1S2? Yes. my stops are less than 2 percent of TLNW.
Problem is that showing averaging trades is of no help to anyone here. What we would like to see is actual calls with actual stops. This is really the way that participants will benefit since it will be more real. These are the rules of the journal. If someone wants to average, that's fine. --Just asking that it not be posted.
Just remember: the market has a vicious tendency to humble us just when we think we've got it all figured out.
This stop is more along the lines of a stop that would aimed at holding a position for a week or more.
I always find it unusual when practically EVERYONE is in agreement. In my twitter circle of like 40 posters or so who post their trades real-time, ALL of them are just short short short. Nobody contemplating buying. Only short or waiting to short. Who are the people who are actually buying? I don't see any! Anyway, hoping to get another 20 points on my latest short. happy trading all
current volatility is mad though! I took +44 point yesterday in a matter of hours and another 20 odd today. Could easily make OR LOSE another 20 points in a New York minute! cRaZy times, LOL
Isn`t that true? I recall all the perma-bulls in this thread who ridiculed anyone shorting the ES, since it could only move UP, UP, UP And it`s not that long ago our own Eddiemorra claimed something to the effect of how he felt stupid shorting the ES Good catch though, Eddie. Pretty sweet!