And I thought I was the only one seeing this market starting to run out of gas. I'm going to start scaling in 1 contract at a time up to a total of 7 contracts. I think we'll be closer to 10,300 than 11,000 by the end of the month
Excuse me? What was so great about letting a 30 points winner to turn into a 80 points loser??? That was not trade managament, but hoping and praying. I am also bullish going towards the end of the year, but that doesn't stop me from shorting when I see a 20-30 points drop coming....
BG is not playing the penny ante game....with the rest of forum guys..............20 or 30 pts is chicken feed for him............he is not the "dumb money"...........just confident.........
65 points drown down for a swing is nothing. market will break 11000 after correction is over. I will keep on buying every dip till 2006.
for the blackgaurd bashers Keep in mind how many triple digits trades he posted in the past. If one is shooting for 100 points, then perhaps one could also have a 100 point risk margin, such as when I go for 20 and have a 20 point stop. The dude is down 20 points right now and you people act like a hedge fund just blew up.
No one is trying to bash the guy but when somebody openly touts the thread for people to give him money to trade with then its reasonable to ask sensible questions. Blackguard only responds when it suits him, and with an attitude that wont bring him any fans - or money