I'd be a little testy too if I was holding the position you are. Although my risk mgmt parameters would have never let it get to this.
It may be more than one--- But that's ok. in the jungle look out for the ones who want to "help" you, the ones who hate you are much more transparent. Surf
Oh I don't doubt there isnt more than one. But it takes a lot to get on my bad side. This person was/is so annoying he did. Trust me....the feelings about him were felt by a majority of the guys in that office.
Folks, We are holding the shorts.... Although the entry was weak and not sticking to the averaging in rules, I remain confident for now this will pan out with profits. Proper position sizing permits th extended adverse excursion however it's not enjoyable and the trade remains a mistake so far --- A quick glance at the 15 min chart shows a platuing potential topping some technicians would say. One of my closest friends, a diehard TA guy says daily high iN at 1343.50. n---But I pay that stuff little mind! Holding upside down Surf
Once I am in a position, I'll call around to a few associates who believe in such things just to get an opinion or two particularly when I'm getting stretched the wrong way...... Heck, arch Crawford direct contact info is in my iPhone. Doesn't mean I pay what they say any mind or use such things as entry tools.
unless involved in a trade with a set expiration, there is no such thing as right or wrong in the market because holding period is never constant.. there is only make or lose when you decide to close ur position. having said that, 2 traders can take the same exact trade and lot size and have 2 totally different outcomes.