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Dont be so hung up on win %. Id take a 30% chance of 10R over a 70% at 2R anyday.

short stop 2710. not too confident. risking .1% out. that was a quick 3.3R

same here, and its an evil circle because i soon get bored and start trading again! i havent slept for a year now, turns out i didnt need to.

Bit that bullet too :)

He sure doesnt seem to like me :) Love the insult paper trader, as if it isn't a smart thing to paper trade.. :D

No way, I wear jeans all year round :D

"Hedging can be effected either by taking opposing positions in correlated markets or, more directly, by buying and selling the same financial instrument, offsetting the risk seen during volatile trading conditions." https://www.intertrader.com/cfds/cfd_trading_strategies/hedging_strategy.html

Yes in this volatility I'd rather take a smaller profit than lose it all or even turn it in to a loser. But with that slow chop up we've seen the past year double dipping is pretty insane.

I usually try to double dip too. But I have found out it evens out pretty much since the extra profits are offset by missing larger moves.

Never heard that phrase used for that, if you google double dipping it is a very different thing, which is why I was confused. https://www.investopedia.com/terms/d/doubledipping.asp

Double dip?

Same here, thanks for the call guys. Was long orignally but now I made my losses back for the day and some.

Was at a job interview .. Missed the whole damn thing Price is at the fib 50 retrace now from the drop. Up or down? hmm o_O

Im starting to feel a bit bullish again actually haha

Starting to look like a descending triangle there on the 1m

Hard to pull off trades with tight stops in this volatility.

Not what I was hoping for. Took some winners off the table on the way down and hedged the losers with shorts. Lets see where this is going.

Maybe you should consider moving to the Bahamas :) Some really nice price action here, adding another long and looking for 2700.

I might teach you all the secrets if you ask nicely .. :)

Not the worst case scenario, the worst probable case scenario :) worst case scenario NK launch a nuke and the US is obliterated along with the index. Currently short with a target of 2665. After that I will start to add some longs depending on how to the market looks. If we have a good day Im...