Inventory Grab Alert 4/30/09!

I'm trying to wrap my head around your position risk management, and the sentence above really confused me. Is there a mistake in writing in there?. It does not compute.

One secret at a time...

JW

 

This is impossible.

JW

 

I am quite sure he is looking to cover the rest of his 908.75 shorts at 903.75 and he meant to say that he is holding all his 909.75 shorts for lower levels.

 

FILLED at 903.75's........."How do you like them apples!"

http://www.youtube.com/watch?v=MWaRulZbIEQ

(risklesstrading getting punk's at the bar by the ET crew!!!) :eek:

 

I need a new data feed as mine only moves 0.25 per tic.

sosueme

 

Correct (typo)....holding all 909.75 entries at this time (all other positions now covered)........have first targets for 909.75 entries now set at 899.75

 

riskfreetrading is the salesman for those. Ask him if he does laundry too.

JW

 

Thanks.

So what % of your maximum position are you holding right now?

JW

 

This new position from today only 1/6'th of a full clip at this time with all the covers now filled. I have some positions from other trades on but they are separate from this trade. Today was taking a shot at the ES as it approached some resistance zones and near a 3'rd deviation move......decent area to take a shot and see what sticks for a smaller intraday sized trade (that I am willing to hold into AH and multi-day if needed).

 

He was probably talking big pit contract.