well congrats on your trading. I got stopped out on all my long positions at 11350....... which is probably a few ticks from the actual bottom of this half assed a/h drop.
lilduckling, btw don't freeze, watch your position. If you have multiple contracts, start scaling them out when it reaches around/over your entry, I assume you got in at the afternoon. Holding through pain isn't worth the profits, Either you ride the trend correctly, or you don't ride it at all, taking extra risk doesn't make any money in the long run.
The futures markets have'nt trended since 2003. It's mostly half-assed back and fill action. He should have taken off most of his position and let only a few cars ride.
me thinks he meant intraday...vols were much easier to predict back then, now we trend couple of days a month if we lucky.