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4/17: SPY: $201 Net for this trade: ----------------------------- $201

I don't know, man. I can't predict price movement. Yeah, only entering after down days means you will miss out on big bull runs. Exactly. I don't know of anyone that can predict price. Just something you might want to backtest, although it's probably not going to help any since...

If you insist on doing this strategy, why not wait to begin until a series of consecutive down days? This has nothing to do with the Monte Carlo fallacy although many people might think it does.

4/16: SPY: -$205 Net for this trade: ----------------------------- -$205

4/13: SPY: -$195 Net for this trade: ----------------------------- -$195

In for results.

4/12: SPY: $143 Net for this trade: ----------------------------- $143

4/11: SPY: -$215 Net for this trade: ----------------------------- -$215

4/10: SPY: -$435 Net for this trade: ----------------------------- -$435

Look at the magic seashell lines of power!

Look at price drop!

Yeah I'll at least wait until this trade is closed. Page 97? Oh... you know what, I have my options set so it displays a lot more posts per page. It's only page 18 for me.

This thread is getting too long, I'm wondering if I should start another one.

4/9: SPY: $29 Net for this trade: ----------------------------- $29 I included yesterday (4/8) in the pic just so there would be a starting point of $0 P/L.

Buy order was triggered at the open this morning at $138.04.

According to futures prices right now, it looks like SPY may open below my buy price tomorrow. ES is currently at 1,373.50. My buy order is still open so we will see what happens. The order is to buy 200 @ $139.01 but if price gaps down to $137.50 or $138 or so I wouldn't complain.

Most markets were closed on Friday, 4/6, but S&P futures appear to have dropped a lot, to around 1,375, so Monday might be a big gap down and if so, my buy order may get filled.

What are you using as your criteria to determine when to exit?

Share with us your current trading system that is resulting in losses and I'll tell you what's wrong with it.

Yes. But if you're goign to follow anyone on ET, here is some advice: - Do they post live calls before or as they enter trades? Or do they only post charts after the fact with perfect entries and exits? - Can they give you concise answers without ambiguity to your questions, your do they...