only risk I see is the risk of watching your neighbor drive his new Lambo and you are still driving your VW bug because you were afraid to go long 1000% margin !!!
That's the beauty of the whole thing. It doesn't matter what your definition is for your trading style. You can buy 1pt dips, 5 pt dips, 100pt dips..etc, on whatever index you like.
um...
1530 > 1527
you said if we went through 1527 "again" you "would admit" that you were wrong.
from what I can tell the SPX closed 1530 unless my quotes are wrong
Quote from trade2learn:
"ghost,
So if you called this top. 1527-1529 on the S&P, and if we blow thru that top again in up coming weeks. You will admit this is a wrong call? "
Quote from ghost
"Absolutely.
When i'm wrong, I always admit it.
And that doesn't just go for...