The obvious true is that you don't know where the market is going after you enter into a trade. You have an idea based on past experiences/model/indicators/etc. but you don't know for certain. All you can do is to manage that position until its time to exit. The market must constantly validate your position otherwise, you need to get out. The use of targets along with the idea of letting your profits run are foolish concepts that will lose you money over the long term. If the market is no longer doing what you expect, get out.
I'll venture there's more punishment available on the long side. At least 22 should rid them of their current reward
Hey Boib Well one thing for sure â one of us is bound to be on the right side â sooner or later Sir - Who knows we both could be We must be neighbors And keeping an open mind is work â too many âexpertsâ want to share their opinion as they âthinkâ they know something worth a damn Let's keep an eye on it and see where it ends up going Take Care Sir
Just to be clear â Iâm posting this for me as I know NY can hold his own Itâs addressed to the self righteous one Itâs stuff just like this that makes it difficult for traders to talk openly, honestly and candidly about trading with / to each other.. We know we donât know anything, and we know we have to use the ole hat rack daily â Weâre okay with thatâ¦. But for some flippin reason a few folks, such as you, want to come in and stir crap up Just let it go, ignore this thread entirely and go about your business â Iâm sure weâll manage fine without you BTW â Some of us like this thread â itâs a place where we can relax after the day and socialize with like minded folks â and hell who knows â maybe even learn a thing to two Now take your brute force whatever and use it on the market â Iâm sure itâll do ya just fine⦠And Sir donât let the door hit you in the ass on the way out - Please regards RN
How about S. for the Ss below. A tricky man by the name of Mr. Stock likes to draw lines on a Surface as if he is a mad man. Lines look Strange on Surface. If you look below the Surface of the painted Surface, the "Strange" painter leaves a Signature in his drawing. He tells his knowledgeable readers where and when to meet him, and where and when to Strike their opposition. He is unlike Robin Hood. He helps the rich become richer, and the poor .... One meaning of rich/poor is in knowledge, the other is in money. Well...actually he is like Robin Hood.