Quote from Thunderdog:
Interesting. Your first post captioned above was posted on Monday, April 19, 2005 when the market was at around 10120. At that time, you set your protective stop 59 points away at 10179. Although somewhat distant, you did not choose a round number such as 10200, or even 10180. No, it was very specifically 10179. You were then kind enough to repeat this very specific number 2 more times in subsequent posts before the market actually exceeded this very specific number by a couple of points. Imagine my relief when you advised that you did not exit the position when the very specific 10179 was taken out due to the previously unmentioned "system parameters" which kicked in just in time to save the day. Did you at least advise your many attentive followers that there were system parameters as well as very specific exit points, or did they foolishly exit at the very specific 10179?
Ah, to have your cake and eat it, too. But then, you're hanksurfer.
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Thunderdog - come on give the guy a break we ALL know that a good trader makes adjustments minute by minute in this game !
What do you want the guy to do ?
Run his fund and trade or post in a chat forum for free with a bunch of idiots critiquing every word.
