Initial Targets;
North- 84.50
South- 43-46
North- 84.50
South- 43-46
As I mentioned before, I expressed surprise he would average into a losing trade in an equity index.
Initial Targets;
North- 84.50
South- 43-46
One trader's "loser averaging loser" is another trader's scale-in according to some pre-conceived plan. I myself am not a proponent of adding to a position that is not showing me a profit, and others do it successfully as a matter of routine. @Spooz Top 2 seems to be suggesting we adopt an "if you can't say something nice don't say anything at all" approach here. This entire forum could use more of that approach. Trading is a tough activity and the pressure to perform can be immense. I cannot believe any of us come here to for additional criticism.
Lol, I knew what he meant Spooz. No worries here, that's just ON being ON. ET is full of characters, thats what makes it so entertaining. I had logged out or I would have written back.When`s the last time you stepped up & made a call?
It`s easy to critique someone when you sit in the shadows & cherry pick posts & calls...
especially when you provide nothing of value yourself... VZ`s made some accurate calls here..
When do you plan on contributing anything of value here?
The 3276 was just in case it did one of those little Sunday night spikes before the big players wake up. The 3288 was where I penciled in it would keep going. We're almost there.*chokes* You'll average into a losing trade? On the index? Wow. How many pencils do you have?
Not expecting a "good movement" today...!
On another note, not expecting much volatility or good movement today. Take a handful of points and run