I am being SQUEEZED!!!! by the ES

Discussion in 'Index Futures' started by saxon22, Dec 3, 2010.

  1. pspr

    pspr

    Christmas games.
     
    #161     Dec 7, 2010
  2. You should be able to set P&L with or without commissions included.
     
    #162     Dec 7, 2010
  3. Sorry, not on Openecry.

     
    #163     Dec 7, 2010
  4. IF 1250 HOLDS AS RESISTANCE YOU MAY HAVE A SHOT AT YOUR
    1200. iF 1250 BECOMES SUPPORT WE MAY GO TO 1340'S
     
    #164     Dec 7, 2010
  5. Looks like it's not a real trade...in other words it's not exciting or fun because there's nothing on the table ;)
     
    #165     Dec 7, 2010
  6. jjf

    jjf

    Sometimes silence answers a question more perfectly than the odd ET shot in the dark
     
    #166     Dec 7, 2010
  7. benwm

    benwm

    well, based on his 1222.75 average price it could stall at 1250 and he'd be down $91k.

    Perhaps that wouldn't represent a sizeable % of his capital, but for most of us it would.

    I think it's pretty clear the ONLY thing to do here is get out asap.
     
    #167     Dec 7, 2010
  8. LOL, he does not have to get out, no real pressure of a REAL LOSS:D
     
    #168     Dec 7, 2010
  9. Yea I agree, his demo account is down massively now. He really should get out NOW!
     
    #169     Dec 7, 2010
  10. benwm

    benwm

    saxon22

    I'll give you this advice for free speaking as someone who trades at a smaller size than you.

    If you can look your wife and kids in the eye and comfortably explain afterwards how you lost $91k, then no problem.

    Otherwise take the loss now and learn to do it quicker next time.

    I hope you make the right decision.
     
    #170     Dec 7, 2010