I already explained ther is no method to determine size. I go by what I feel is skin the game enough to make me hurt from losses. That changes as the months go by and my tolerance increaes. Give it a rest with trying to box me into your framework of trading. It won't work.
[QUOTE="margin_gamble, post: 5647907, member: 534060"] Give it a rest with trying to box me into your framework of trading. It won't work.[/QUOTE] OK I'll leave you alone. Just trying to get some context. Ride that trend!!!!
QQQ Shorting update on the 2 short trades in play: 2nd one closed for a profit 1st one is still in play Now still hoping to short entry again at 61.8% if we can get there.
OK I'll leave you alone. Just trying to get some context. Ride that trend!!!![/QUOTE] No chief, I have no objections but you are getting too personal about account size in nefarious approaches in your questioning me about it - despite me having explained to you my bad feelings about talking dollar amounts. I made the mistake of mentioning it once on my first day at ET and look what it did to Sun Trader. He hated me instantly and then whenever he crossed my path it was all covert hostility. So, to clean it up I requested him to go back to that first post and then talk to me so we go burn that festering root and be nice to each other. We have no reason to dislike each other except for that stupid blunder I made of mentioned a Dollar figure. It will never happen again. NEVER EVER again. I don't need this sh*t. Kapice?
deaddog, you are still welcome to talk to me whenever you want. Its an open invitation. Just drop the questions on personal account sizing and position sizing etc. I do NOT want to discuss this with anybody. Everything else is open country. Welcome
QQQ 5-min. update ... seems to me she is getting a nice lift form the 200-pd ema on 5-min. (the green line). I would love to add to Short at 61.8%. The satisfaction would be yuge. But its not up to me.
QQQ short 313.47 .... not there yet but will catch it on the way down if the grid shown breaks down. Stop will be placed only after triggering. and most likely be over the wave top.
QQQ update ............ when I feel in my soul that the trend to the downside is getting underway but still in very very very early stages, I will use confirmation ADX (trend strength) to verify that she has crossed 20 and is pointing upward. Then and only then will I go to town on the buffet
Side note about not letting wounds fester and get brown, then black and then all bloody ........... recognize the fester signs, then jump in to do clean up fast, fast, fast. Then watch the miraculous intervention of the human spirit in native form rebounding into well being with not one drop of covert hostility Sun trader went out of his way to help me then with how t embed a chart instead of just putting a link which would require clicks to view and would likely go unclicked due to the trouble/bother. I thanked him already but want to thank him again as he has saved me yuge time and effort.