Dated Friday the 7th. Here is what RCG's short position looks like based on his own words, in this journal on on a chart, yet somehow he is profitable every single day, i really need to learn how to make money off the sell low/buy high strategy. Somehow he shorted 88.31 for a 50% position on firday, added 25% to it the next day, then bought back 25% each day as it went against him, and he still made money.
Why the end of the month? I don't get what the purpose of this journal is. So at the end of the month you are going to come on here and tell us your account is up 100% and game over? Why are you afraid to call your trades in real time?
You know, Ron rarely posts up here. I thought he was going to start a serious thread. Instead he was trolling. Why? Couldn't this have been done in chit chat? I'm pretty disappointed.
Only a few days left before he posts a screen shot of starting equity and trade summary/performance. I can hardly wait.
if price stays around entry price, obviously the long straddle fails. - buy high sell low (microstructure) if price breaks away, he reverses and adds as it continues to break away..there is huge edge, the edge is that price needs to travel.