Who uses Stop losses ?

You don't want to know...

 

something to think about - are you averaging into positions?

 

Ok, can understand your frantic orgasmic postathon today as Oddball got lucky. But just think if the Jerome spike had been DOWN instead of UP....oocha..right through the stop for a nasty -2k and NO PROFIT for over a month. Ouch

 

W

Will you post your day’s gains if I do?

 

I gave up averaging in position a while back.

 

Real money, not Sim City bull shit!

 

That's right, the cry baby who complained about a brick of ammo prices won't show shit.

 

Random gamblers/traders use stop losses. They basically splatter diarrhea shit on the wall and see's what sticks. And hope and pray to have a positive number in the overall end.

It's good to have mental stop losses though within the greater, wider, picture scope of the trade, and based on your understanding and expectations.

The general idea is to have a legit stop loss, not one where you will just randomly get stopped out on the longer road to profit.

 

He'll be on his friday lunchtime Roadkill Grill and Moonshine eat-and-drink-all-u-can. A couple of redbulls and those 12 fingers will be back slammin the keyboard big time.

 

I bought 500 open $4 calls before the Powell meeting and 30 Futu $190c for $4.70 ave. I don’t think he beat me today.