IMHO consideing overall it's a bull market it makes more sense to buy dips rather than expect a retracement. Money is made/lost irrespective of which direction is chosen, yet I'd have thought more wind in your sails being long buying dips.
That's not accurate. You need to be early, or you miss the maximum move. I don't live in your world of woulda coulda shoulda boredom. Hampton
Final warning to longs. Take profits now! we expect the sell off to start today in the DJIA. Morgan Stanley Hampton
You don`t utilize stops.. which means your risk is not defined... You would be Insolvent 85 x over since you started this paper mache charade. Capice!
z Proper Position sizing eliminates the need for hard stops. Heed the warning, i beseech you brothers and sistas --20k will not be hit prior to sub 19k.
No, the max pain stop for the current trade is 20133 right now. This price zone was mentioned earlier in the thread. Hampton
Not a very favorable RR.. Dow Cash sitting at apex of a 200 pt wedge on hourly.. target 2100 cash Spooz Cash at apex of 30 handle wedge on hourly... target 2300 My bet is North...