Hi romik, how's the trading going?
I posted that information so Osorico could see how I dealt with a trade that goes over 2pts against my initial entry, but with there still being a Short signal in effect.
The underlying bullish tone to the market caused price action to continue to move against the position, even though it was a good entry.
He had mentioned earlier that he was flexible in his stop placement, based on volatility and other factors (that he doesn't really need to go into).
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It's nice to post here with such a compilation of traders. You've got everything from atticus and his heavy institutional trading experience (prolly from one of the top 10 IB's) to Saxon22, with his seat of the pants, bravura, I'll make money as I learn attitude, to other scalpers, like Oso, Apex82, mbusch and everything in-between.
Lots to be gained from the associations ...
Good trading,
JJ
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