I am glad that it works well. It looks odd to me, but of course I have only been trading a little over 2 years. So there is a lot out there I do not have a clue about.
Cathy, so that you will understand the type of person that you are dealing with here is a link you might check out. http://www.elitetrader.com/vb/showthread.php?s=&threadid=8734 tampa, is know for his uniqueness shall we say. Make 'em pretty, Chris
You have to reverse the opposite of what you would have done with the exit not the entry. You reversed the risk/reward of the original setup by reversing the entry. If you really want to use yourself as contrary indicator don't mess with the entry. Reverse r/r, and use an emotion based exit. Bail out when you feel confident in trade that moves quickly the right way. Dont take that loss right away, wait for it to really move against you, but cover near break even.
...but doesn't all of that defeat the purpose of the margin call? In my experience, they do stop the losses...
This thread is 100 pages long. Where do I start reading it? Did I miss anything by starting on page 100?