Exit longs at 925+. All long entries from extremely secret proprietary rotating initiative negative boson divergence remote viewing micro timeframe. JW
" If you can build a system to deal with 3'rd deviation moves, then you have 99.5% of market events handled......the last .5% can be covered with a hard stop. " What is the % of traders that can trade with the amount of "HEAT" necessary to trade like that? What would a risk manager tell you if you presented that game plan to him/her? What would the wife say when she gets the news of that loss when you pass the 3rd deviation? Not picking, just saying as before...............the risk management in real life is not for the meek. :eek: PS: A few years ago there was a guy in tradestation chat that used the same deal, his handle was "xchang". I do not know what happened to him as a trader. He was out of Oklahoma. Taking "HEAT" on trades is easier said than done.
It is actually "relative"......some traders throw on a large static order entry at one exact tick level and can take "X" amount of heat until their stop is hit. Another type of trader like myself, enters their position over a range of price (just like most Funds) with still a set "X" amount of heat they can take before a stop is hit. In both cases the risk can be exactly the same......just the method of entry is different.
The 911-914 zone holds again for now.....now we will see what the test of this delta zone in the cash session will have for us.
There seems to be an overshoot in CD (relative to price) to the downside with a volume spike exhaustion at 909, after the initial 911-914 zone held as R AMT, how do you view this action? A slight warning sign? or just premarket, AH light volume BS or is it lots of initiative selling (which you like to see) (Look to see if that is a sign of this R zone to break to the upside...)