V is really scary that day I saw it, droppin by the dollar Xmas coming, u can start a new thread next year?
Hi, As we approach year end, in the basence of any major follow thru trends, best to adopt a trading range and reversion to mean strategy. Position size impt - I see a isgnificant move into first -second week Jan 2011. Wishing one and all a merry xmas.... Cheers, temujuin
OMG. It is obvious your automation system sucks. How on earth can it be a good strategy to invest 80% of your account on one stock, on a day when news is moving it down ? Where is the risk management in that system ? Remember, earlier this year, I recommended you shut down the automation. Obviously, there is no black swan analysis in it, that's for sure.
bummer week...the market is screwy right now (in my view)...that V move was especially screwy. I don't see how you can run automated trades on something being moved by a significant news event.
Yes, I plan to start another. Don't like giving up at the lows. Hopefully should be a better year next.
Fuck, how many times I've said that... Good luck man. Good luck and good new year to the all struggling traders out there.
Selective longs going into next week could pay off handsomely. Breakout likely not done. I like call options on blue chip stocks that look good in mutual funds. People will not sell their winners until the new year and delay the taxes.