My original nick joined ET two months after RM...and ive seen the guy make sick calls over the years. Rare indeed....good stuff. Good to see you active RM.
That was a great call, RM. You have to have perfect timing to get a great profit on a UVXY long and you nailed it - you even got the dip in AH yesterday!
One very good trader once adviced me: trade big size. Big enough to be really scared to take poor low quality signals. I think he's somewhat right. Trading too light may develop a reckless attitude, very dangerous habit when you eventually decide to move serious size.
05-23-13 05:57 AM I didn't wait around with them all day, and instead dumped that 'insurance policy' at a big loss (and posted it here in real time- see above or back up a page or two in this thread), significantly reducing my profit on that UVXY trade... which still counts as a decent win regardless.
---------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------------------------------------------------------------------- ---------------------------------------------------------------------------------- ---------------------------------------------------------------------------------- Wow! Very nice Rearden!