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well, destriero, thanks for being a loyal reader of this thread. You being the only one on ET saw evidence of the accounts I trade are real, not demo, I will respond with a few points. First, I had my 7 figure years, not 8 figure though, but that was a totally different story, since...

Bull to bear market The above is my current read of the market. For those who cares my draw done, I am 25% down from my 200k total. As some of you who followed this thread carefully, 200k is not my highest water mark, since I withdraw from these accounts when any one is more than 115k. This...

My current reading of the market, but it is just my reading. The market is bottomed short term. If it would make as big a same directional move in another 5-10 trading days, it is a bear market, the questions is, would you dare to swing trade short (holding overnight positions). The more likely...

To testify that, My RTY dropped way more than 3-4%. it is getting to the Feb low soon.

confirmed bear market mood for at least a few month. Adjust strategy accordingly. Overnight shorts, not longs. Set long target realistically while short target more aggressively.

exit a GC position held for months at original target price. Plan to buy it back at 1220ish. retesting the breakout point. Happy trading all.

not adjusting all the highly impossible exit yet. I may exit all longs and revert to short depending on tomorrow's market condition. Especially if there is a bear market upside pop. Happy trading all.

I cut loss on my two CL long to preserve capital. In a margin call environment, nothing will be spared since everything need to be sold to accumulate cash to react to margin calls. I just received notice from both IBKR and Capital Gain to increase overnight margin requirement. My accounts...

Thanks for the suggestion. Looking retrospectively, I should have cleared all my longs and go short yesterday, today could be a profitable day. But, who is to say that I do not get out somewhere in the middle of this trending down day and revert to long in the middle to lose all the profit and...

WOW, the market surely cannot stop the dropping, a lot of margin calls I assume, and is it the beginning of the big turn from bull to bear? Who knows. I do not feel the exuberance yet for this bull market, kind of hesitating to admit it. But tomorrow should tell.

The capitulation comes a bit rushed and earlier...

WSJ front pages Thursday going to be this market crash and many are going to talk about outflow of money from mutual funds. My plan is to try to clear as many longs as possible at the next retest of CHEN's zone trying to go back up. This better happen earlier counting from now. We are between...

Modification of strategy, admitting this is a downtrend confirmed in the mid term, and will start to salvage the losing positions by exiting some at each rebound, and re-establish them at retest of the lows to average down the long position, while at the significant price level to switch another...

Since some readers are interested in my draw downs, here it is. This account had a highest watermark of 105k-ish. Yes, I withdraw when the account hit 115k, I withdraw 15k. I made that amount of withdraw on a monthly basis, but not very consistantly. Had times when I do it twice a month, but...