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Never played uno so I don't know what the cards look like. I'll have to google it. Using the magic 8 ball is something I do all the time. You are certainly pretty vague about your how you trade. Talk the talk but don't walk the walk. Lots of might happen, should happen, could happen but no...

your positions now are long BITI and long BITO BITI started out as a kicker position and you have added to the position. I'm assuming that the BITO position is still bigger than BITI, or has adding the 500 shares of BITI made the positions equal.

Ah you failed to mention your position consisted of options. Are all your positions options?

Don't know, don't play options.

How is that you had a profit? You were short since when?

What happened to BTCC.b? Why short BITX instead of long SBIT? Long BITI which was a kicker position and you were long BTCC.b You have averaged down on BITI. When did you pick up the other 2 positions? Is being long BITO and short BITX an equal hedge?

I sold my BITI for a very small loss Are you adding to your position?

Is this where you said HD would miss? "Might be leaning towards" is kind of an uncertain way of making a call. Lots of wiggle room to take credit or deny. And of course you didn't have enough confidence in your call to put any money on the line. Another opportunity missed.

LOL Funny math LOL What about the times it doesn't recover? What about the times it takes off to new highs and you only have a partial position? Different strokes as they say. I'm not comfortable with drawdowns so I keep them as small as possible. How long are you willing to let the position sit...

LOL...Well you can't make a trade. LOL!! But regardless... I assume you are asking how I handle gaps. I have a plan for that. Sometime I get caught and end up taking a bigger loss than I planned for. I take the capital I have remaining and put it to work somewhere else. No averaging down, no...

Why is it there? My stops are there to keep my losses small. Capital preservation. To get back to your original comments that stops are for people who don't have a plan, my plan calls for stops. I place them at a point where the set-up becomes invalid. My strategy does make money. Not on every...

I Agee with every thing you said. But your plan calls for stops. And then what? You reverse, I accept the loss and look for a new set-up. Just different ways of recovering a drawdown.

What does your plan say to do when your position moves against you?

35% is way better than most funds do. People were lining up to put money with Madoff at 12% I know I'm happy with anytthing over 20%.

Do you ever drive it? I don't see a licence plate.

But do you refer to it as a stop loss? Phone??? I suppose you got your quotes from the newspaper. What century are you in?

But the private sector is where all the campaign funding comes from. The private sector owns the government.

Strange. Ignore works well for me, except when someone I respect quotes an ignored poster and I don't know who or what they are replying to. Oh well, log out/log in is only a couple clicks if I'm really curious.

I think you have to fix the people. I don't think it matters what kind of money you use. The smartmoney will take from the dumb money, the ambitious from the lazy, and you still have to deal with addiction and mental health issues that sre plaguing society today. You need some type of structure...

I actually thing Longandshort is an investor/portfolio manager who is fairly knowlegable. He just doesn't believe you can make money trading off a chart. It goes against everything he has been taught.