Taking 410K to 4million by Year End 2010

crazy huh? we're anticipating up $55+ to 65+ on that day but it went all the way up to 88+ ... really a Big Bonus for us just one nite only - took out the profit and many extra zero in our a/c..champagne and fireworks--sparkle and spectacular like the shanghai world expo 2010 ... amazingly beautiful

if neke is in our group...he'd made a killing

 

Down 56K. This is surreal!

 

that's what happens when you try to catch falling knives...

 

did you close the positions or stick to it?

 

I share your pain. My trading has been shitty this year.

 

I shorted NQ at 1867 , got stoped out @ 1872 , and market droped +130 points.....


FUCK MY LIFE.

 

that's why you don't use tiny stops in big volatility days

you might as well shoot yourself in the foot

 

I was going with the momentym didnt think its going to bother going up especially at that time, and to my exact level, wow this is insane.

No wonder people commit suicide playing this game ...

 

well you only tell its a big volatility day after the fact

 

You should use the stops your trading plan tells you to use. You can always get back into a trade if the setup becomes valid again.