Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. No,no typo.2000 points.I think it will go down those far.Maybe 1.25 - 1.30. i just sold 2 micro contracts,entry point is not relevant.Not sure what climax bar you are reffering to,i just took those figures out of the blue sky:D

    No TA or FA was involved,just think it would be so:)
     
    #1211     Jun 7, 2011
  2. From this point - 4686 it could be down 30-35 points to 4650,within next hour or so..Let`s see..
     
    #1212     Jun 7, 2011
  3. Oh wow that's quite the call, Stop or reverse level?

    Best of luck!

    Regards,

    zr1
     
    #1213     Jun 7, 2011
  4. Not sure what you mean by ''stop or reverse level''

    Did you take the test btw?:D


    1
    I find it very difficult to concentrate on just one subject or project
    for a long period without breaking off to do other things.
    5 4 3 2 1

    2
    I am more of a visionary, rather than someone who is down to
    earth and businesslike.
    5 4 3 2 1

    3
    I often have the urge to try out a new hobby, such as painting or
    playing a musical instrument.
    5 4 3 2 1

    4
    I am not afraid to voice unpopular opinions.
    5 4 3 2 1

    5
    I like to retire into my own thoughts uninterrupted for a thinking
    session.
    5 4 3 2 1

    6
    I would describe myself as more disordered than methodical.
    5 4 3 2 1

    7
    The greatest teacher of all is experience.
    5 4 3 2 1

    8
    I am more sensitive than the average person when it comes to
    environmental issues.
    5 4 3 2 1

    9
    I have more of an interest and=or curiosity in modern art than a
    ‘dismissing it as rubbish’ attitude.
    5 4 3 2 1

    10
    I often have the urge to take things apart to see how they work.
    5 4 3 2 1

    11
    I have a very overactive mind, to the extent that I sometimes find
    it difficult to get to sleep at night.
    5 4 3 2 1

    12
    I enjoy being unconventional.
    5 4 3 2 1

    13
    I am more of an intuitive person than an intellectual.
    5 4 3 2 1

    14
    When attending a talk or lecture, I often find myself drifting off
    and thinking of other things.
    5 4 3 2 1

    15
    I sometimes get very frustrated with myself if I cannot do
    something as well as I would like to.
    5 4 3 2 1

    16
    I prefer solitude and scenery to lively social gatherings.
    5 4 3 2 1

    17
    I often find myself irritated by petty rules and regulations.
    5 4 3 2 1

    18
    I have a very lively imagination.
    5 4 3 2 1

    19
    I am often very impatient to learn new things.
    5 4 3 2 1

    20
    I more than occasionally have dreams that I am unable to
    explain.
    5 4 3 2 1

    21
    I am very independent minded.
    5 4 3 2 1

    22
    Anytime I get a flash of inspiration or a new idea, my mind
    cannot rest until I have tried to put it into practice.
    5 4 3 2 1

    23
    I enjoy spending time on my own.
    5 4 3 2 1

    24
    I revel in being different to others.
    5 4 3 2 1

    25
    When hanging onto the phone, with a pencil in my hand and a
    piece of paper in front of me, the probability is that I will start to
    doodle.
    5 4 3 2 1
     
    #1214     Jun 7, 2011
  5. No I didn't take test,

    Who grades me and what is the benefit of taking it?

    I meant , do you have a stop loss? Do you have a level at which you will exit or reverse the trade that you entered 2 lots short.
     
    #1215     Jun 7, 2011
  6. No, i didn`t have a stop loss or exit level.Let`em fly:D and as soon as i open the patform and see some big points in my favour i will close it.

    The benefit from the test should be amazing if you will get it right:)
     
    #1216     Jun 7, 2011
  7. 7
    The greatest teacher of all is experience.
    5 4 3 2 1


    :D
     
    #1217     Jun 7, 2011
  8. as I stated I noticed weakness on 6E at 940am cst . yesterday around 1.4680 ..turns out some more nice selling at this level between 12-3am cst followed by a move down today.

    Would this indicate too much "thinking" to the obvious camp? Many times in this thread the op has stated trader knows nothing and shouldn't be thinking.

    IMO reading price and volume is essential.
     
    #1218     Jun 8, 2011

  9.  
    #1219     Jun 8, 2011
  10. Mysteron

    Mysteron

    Interesting name SnakeEYE :cool:

    Dare you to elaborate?
     
    #1220     Jun 9, 2011