It was stops placed by the longs getting chewed up not active trading. The volume gives a clue as to how much money was wiped out.
ES Journal - 2012
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It was stops placed by the longs getting chewed up not active trading. The volume gives a clue as to how much money was wiped out.
Important lesson to behold, ALWAYS have a stop and profit target in place. This can happen at any time and to seemingly any extent.
see you at 1500+ in next 90 days
More important lesson
fear is stronger than greed
Majority of limit stops would not have got filled on move down
anyone seen rickshaw ?
It's sure not in any hurry back to high 1430's.
They are both detrimental to your wealth.
oh yea last time i saw a 50 point range in night session was....
never.
Must be those HFT
never.
Must be those HFT
damn youngsters
January 24, 2008
September 19, 2008
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