Some days are "trendline" days.. most are not. You just have to know if it is a trendline day or not.
With due respect, how are you helping those who believe in you and who follow your lead by not answering the simple question I posed earlier? Specifically, how much farther beyond 20 points you would have allowed the trade to go against you before getting out? Is this question beneath your dignity to answer? Forgive me if I have offended your sensibilities.
Im only on this thread because volente started it, and since Ive interacted with him before and know him, I post here. otherwise I would'nt even be wasting my time. blackguard
Thank you for your insightful response. It confirms an earlier assumption of mine. I wish you much virtual success in your quasi-real-time trading.
Blackguard - I appreciated seeing you stick your neck out to make a valid (and turns out, very succesful) market call. It doesn't matter to me whether you used a stop (more power to you if you're that confident in your methods that you don't need a stop). I would have used one, but hey, we're all different, and that's what makes a market. Getting back to the crux of your call, you mentioned sentiment. What sentiment indicators do you use intraday? Put/call or something else? I like to see your successful calls, and would appreciate your sharing some more of what you look at. Thanks. Sandy
Just out of curiosity, do any of you have an idea how much money these market makers make in the YM everyday on average?
Sandy, Forgive my intrusion, but please allow me to say this. If you believe only one thing that blackguard says, it should be this: And now that I have overstayed my welcome in this thread, I will take my leave.