That is because you didn't see my prediction (posted in another thread) about closing the gap today. Would have been a nice 14 pts save... We are going higher by the way...
ES Has Topped
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That is because you didn't see my prediction (posted in another thread) about closing the gap today. Would have been a nice 14 pts save... We are going higher by the way...
It's ok. --- I have a stop---
Major difference-----I have a stop---
Although I agree, that is still not a good reason not to capture a 20 points gain here, a 30 points profit there. When I learnt the reason for the after hours drop I knew it was an over reaction and would be corrected soon. The market was poisoned to go higher.
When you can't time the market but you think the top is in, that is when you sell options, like vertical calls, so time still works for you
I may have lowered my stop too quickly--don't know--anyway I was stopped out for a loss of 11 pts.
Told ya back on Tuesday... Weeks with a holiday usually are bullish. I would say 80% ends the week in the green...
Pekelo, He is trading his methodology... Why don`t you put on a trade here & show him rather than tell him how to manage it? Hindsight is always 20/20 ... Show us your trade entry, management style & exits.
It`s always easy to manage someone`s position when you have no skin in the game.
I have been thinking about it. I mean managing his trades. So once I get back from vacation, I will post here real time exits when he should have either exited or even switched to long.
Then we can also decide if scaling out is inferior or not...
But just to make you happy, check out my TSLA Iron Condor posted under Options 3 months ago. Expiring next week, it is up 95%, but we want that extra 5%, ain't we?
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What's the purpose of posting live trade journals/calls...That's only for people trying to sell something.
I just want to know someone's actual % returns. The bottom line.
Your average daily/weekly/monthly/yearly % returns,
...the complete, quick picture,Looking at things from a trade by trade perspective is kind of meaningless. It's too hectic and erratic. (and maybe random)
You just need to see the average, collective sum...to loosely capture their trading frame of mind -- and degree of talent,
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