Don't be silly this is not personal. I found that since trading this method with out any changes I was getting my one trade a day consistantly from about April through June. But that is also when I stopped this thread for a couple of weeks because I just didn't have time for daytrading as often. So some of my number of trades dropping is due to me having to work outside the house more often. Some is due to the low range choppy days though. I was talking to my brother just yesterday and decided that next summer I will do very little trading especially with options. This is due to the low volume.
thanks, romik, i stopped out at 1332.5. i may get back in later, but i doubt it, since i have to leave soon.... good advice, though, thanks....
Summer can be a great time to do credit spreads. Wait for range expansion in the May/June time frame then put on your spreads for July and August, both put and call credit spreads. That way, you watch the "air" come out of the premiums and pocket the money without a ton of risk.
that's why i prefaced the comment by saying that i know hope is a bad word. but then i said it anyway, because who are they ( or you) to tell me what i can and cannot say? and if you ask me, everyone hopes. it's just that a good trader knows when to cut her losses....
bulls are putting up a pretty tough fight here in the YM this morning. I think they feel like if they let it go much below 11665 then it's going to go for awhile.
Sorry about your loss, maybe you can make it up this afternoon or if it is choppy just wait fot Monday.