election over 4 to 5 day rally

Talk about timing the top. I was actually up 3 candles for a while and was holding to my 1100 target. I just checked in on my position and boy am I down. The up trend has broken and I should probably sell here to cut my losses but I think October was the low and It will recover. I guess I will hold on and see what happens. I shouldn't have allocated all 100% of my cash to this trade but I thought the risk reward was rediculously in my favor so I went all out. So I bought at 1005, I'm only down 50,000 right now (20 contracts) Hopefully I won't get a margin call.
Se you in a few days because I suspect that it will take a couple days to recover.
 
I have a serious proposition. Stock_trad3r, start a service where you make live calls. I will gladly subscribe to it. Fading you will make me so much cash that I'm even willing to give you a cut of the profits.
 
Quote from Bear Plunger:

I agree - he has great accuracy in that regard. Next up day we get, maybe tommorow, i'm sure he'll be back saying...."you guys are such noobs - markets off the races again".

For now, he'll go back to his bunk bed in the dorm.
More...

Bear, no dorms in community college - that's back to the bunk bed at mom and dad's.
 
You must log in or register to reply here.
Back
Top