It has reached it's all time high (could be a double top) and is also at the top of it's trending channel. Tried to post the chart but it would not copy.
If you are entering a credit spread, how is this possible? Because of the spread in option prices, the buy back price is already greater than the credit.
Just curious if anyone has set strict rules for exiting failing credit spreads. I have seen those who just hold on to the spread as it goes in the money thinking that there is time for it to come back and often it does. Another method I have seen is buying back the sold leg (assuming a bull put...
For the trading forums 15 seconds makes sense....for the wack jobs in P&R it should be 60 minutes. Actually the forum should be eliminated. The thread is not appropriate for a trading forum.
You need to either take him on in a head to head competition or stop whining like a squealing pig and get a life. If you cannot out trade him and keep acting like this ...I think your jealous because you cannot trade or teach.