the thing is the fed has locked themselves in here. They literally told the mkt they would keep rates low, zb well over 143 and there is no real vol scare, what's gonna happen the next time some news shock hits. On a weekly chart aapl has gone parabolic.
question is where is the next logical short. vol like this is a pendulum that will cut you either way. Keep those losses small. I was watching a video and the guy was saying you should keep losses small so you can hopefully catch the next trend, hard to do if are praying for a scratch, plus most people I know have finite capital and opportunities, you should be thinking with my limited pot of $$ what is the best risk adjusted trade I can make today.
first ten minute close on aapl was .......315 I think it will close below that 50% chance I am wrong,LOL.
Here was the quote I am paraphrasing. "Why do you take a loss quickly? Cut the loser real quick, what you are trying to do is create the opportunity for that win to come along"