You must have some room to work a few intraday positions to capture some back while you wait. Margin wise if you could hold overnight with 10 then you should have room to trade a few intraday today. On the other hand I'd be sweating now. I've been here and done this myself at times over the years. I have in bold large print on a sheet at my desk to take my loss and move onto the next trade. If only the trade platform was hooked up to a taser and zapped me when I started thinking about hanging in there.
Yes, but since I don't use stops, I need to position size so that all but the most unlikely extreme adverse moves can be absorbed without knocking me out of the game--- Funny about the taser! surf
20 years.. thats a long time you must of taken a lot of money out of the markets over the years. Especially during the 90s and the tech bubble?
Yes, that is why I was wondering what takes him out of this trade. Took a stop on that initial post, but is letting this one go.