What an orderly selloff!!!!! There is still liquidity. Relax....
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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wow, that will kick off some discussion on program trading
Quote from Buy1Sell2:
Yes. Nothing to worry about at this point. If I was overextended, then yes, I would be worried. My feeling is that there will be quite a few people who will not be around to post anymore. I don't necessarily mean in this thread, but all over. This would be he overextended bunch. --Take a peek at the FX Futures Journal and you may be able to see part of the reason that I am not too worried.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1375766#post1375766
Surely I agree with your methodology completely, but how can you justify not having had stops (apparently) when you have a black swan like today. The 2% limit would have gotten you out and so what? You can always get back in, but hanging in is not the idea of the inventor, is it?
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