romik, u are okay..but get over it...if flopped........just like buzz flooped on ym ......chat room live calls of his......real traders should not be playing forum follies........and i think you are real trader.......i saw you doing well until the guys got under your skin...including me.....sorry my friend, but it is cruel world, as you know.....don't take this stuff personal......just trade......
the only thing that flopped was the 20 point target. In 3 trading days there has been only 4 trades taken, out of which 1 is still open. Realised PnL is currently 6.5 points, unrealised ~ 6.41 at the moment. If target is reached on 4 trade that would put the realised PnL just under 20 point mark. ~20 points on 4 trades is not bad in my books. It has not worked out the way I would have wanted to, as I wanted to do more trades and that just wasn't possible. Thank you.
kings are the ones that have very serious capitalisation and access to info, you wanna put yourself in same category?
10 units still Short @ 1345.66 average, stop at 1345.50 now 5 units Long added 1337.75, hedge against the short position After the scale out and a hedge added this position has gained a 'no loss, only gain' status, which is the best position for a trader to be in.
Actually is looks like a "no loss, no gain either" status. Because as it's currently constructed, for every pt the market falls (not my call today, but anything could happen) you make 1 pt on your Shorts and lose 1 pt on your Longs, and vice-versa if (when) the market rises. The position is static as currently constructed, and, well, it actually negates the whole concept of a Live Call by definition. Regards, Jimmy
By live calls statement, there was no promise of delivering a common method used by probably 90% of ETers. Also, re - current position/s. I believe you are forgetting the fact that 50% of initial short has been covered, whatever happens next can either provide more return on further downside or offset the loss of remaining 50% short if entry price reached, by reducing it by 50%. By no means it is static, I have 10 short average 1345.66 and 5 long 1337.75. How is that static?
OK, I thought you covered 5 of the 10 short (which would be 5 short/5 long) based on this post. My apologies. But hey, do your thing. The partial hedge is only good up to a certain "pt", at which point you're going to have to make another decision, but I'm sure you already know that. Regards, Jimmy