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Closed my Russell position. That level again!

Exactly! Don't add to losing trades, period. If scaling in is part of strategy, then sure, but adding to a trade that qualified as a losing one? No thanks.

Technical analysis is meaningless & worthless :D

If you take people like Copperfield, Blain and Brown and teleport them 2+ thousand years in the past, they could possibly gather a strong following.

Interesting how price will react to this level (Russell) which was a total PITA previously, I expect a clean break though and a challenge of the ATH. Can only be hopeful lol

Anybody going long YM here?

Russell has been in consolidation since February, broke now through the channel's upper resistance line, I'm holding long.

Heading lower to close the week.

There you go Bad_Breath, perhaps listen to others.

You do like the sound of your voice dude, whatever.

You'll realise that I'm correct when some trades keep going against you & you keep holding the bag, hoping market will turn in your anticipated direction, yet your winning trades will only generate return based on your initial size. If you are investing it's one thing, trading is different. When...

When you add to a trade that you consider to be a losing trade, this shows weakness. Plus, unless you also add to a winning trade, mathematically doesn't make sense.

Doesn't make sense, unless you scale into winning trades too.

Lizard brain vs logical brain. Lizard part of our brain is much more powerful. One of the things it does is control our breathing even when we sleep. Lots of research on this.

Nothing :fistbump:

This would have been a badass trade, almost 400pts and 0 pain

Come on Russell big hurdle and feast of stops beyond.

Yeah... Couldn't have done what NZ did anyway and many would have still been non-compliant, so in theory this could have been done, but practical side is flawed in the US.

I think that the only way you could have possibly saved lives in the US is if there were early and hard lockdowns, whether it could have been sustained or even possible is another matter. Pandemic isn't over.