Blow Up Day!!!!
- Thread starter Flashboy
- Start date
Hey Girlpower! As always, you make me envy you deeply...Quote from Girlpower:
Very good description.
The other ones are the 'I'm bored - this is slow - let's create some action' spikes, and the 'I've just got back from lunch lets get trading' spikes.
Natalie
Not only that you know how to scalp with a 90-95% hitrate,
but on top of that I'd love to be in your position to just say "I'm bored. Let's create some action spikes!"...
What RU flippin' doin' it on the ES, Natalie? 250-lots?
Amazedly,
~Scientist
I think only professionals are aware that CASH is also the most dangerous position - Since it has the power to jump in from the sidelines anytime to change the flow of the market!
Many amateur traders tend to think just in term of buyers and sellers. In reality, they're the least threatening, because they have already made their commitment! The big threat are the third party that could jump in anytime. And it's them they have to get confused in order to get their commitment to either bias!
There are always 3 positions: LONG - FLAT - SHORT.
It's good to bear that in mind before considering a trade.
Just a note on the sidelines. This really applied in the ES today. Have Fun Folks!
~The Scientist
Quote from Scientist:
Hey Girlpower! As always, you make me envy you deeply...
Not only that you know how to scalp with a 90-95% hitrate,
but on top of that I'd love to be in your position to just say "I'm bored. Let's create some action spikes!"...
What RU flippin' doin' it on the ES, Natalie? 250-lots?
Amazedly,
~Scientist
Scientist
I'm not in that position nor ever have been, but I have been fortunate enough to work with others that were very much in that position. (Just keeping the record straight).
No - I do not have the money to trade 250 lots either nor ever have been fortunate enough to be able.
As to scalping hit rate - I wish...
best
Natalie
As always, you are damn right indahook...
"Illogical Overextension" is actually what I meant. I meant "when it looks logically overextended". But yeah. I meant when it looks overextended for no logical reasons. Or logically. Or logically or not... Umm...
Gee this is a sticky concept. Let's call Stephen Hawking and see what he says about overextension...
As always, I'm shocked at your observation and evaluation, indahook. You must be a scary trader.
Damn Devildogs ain't miss sight of anything...
Yours,
~Scientist
Quote from Scientist:
As always, you are damn right indahook...
"Illogical Overextension" is actually what I meant. I meant "when it looks logically overextended". But yeah. I meant when it looks overextended for no logical reasons. Or logically. Or logically or not... Umm...
Gee this is a sticky concept. Let's call Stephen Hawking and see what he says about overextension...
As always, I'm shocked at your observation and evaluation, indahook. You must be a scary trader.
Damn Devildogs ain't miss sight of anything...
Yours,
~Scientist
I appreciate the compliments but I don`t know anything...and thats the way I like it.
Stephen Hawking and yourself on the other hand..........
hi. i used to do the same thing. do good in the morning because i thin i'm all awake and ready and then screw up in the afternoon.now i just leave to protect myself from myself. i still feel guilty because i feel i'm being lazy but oh well. i just try and make a living and not try and become george soros.