He was long only, not using stops and counting on the bull market to run his positions from losing to winning everytime, risking 10R per trade and locking in .1R profit..
A signal provider I was following just blew 90% of his account today.
He had been up over 1300% these past 1½ years. ouch.
He was long only the SP using no stops.
Maybe we will see another gap and crash after the close :)?
Feels like asia should atleast try to recover 200 points or so. How extended can this decline really get?