He, who stops the flow of rivers, is now full position short. Looking to sell more over the next several days, if/when market drops.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
- Start date
- Status
He, who stops the flow of rivers, is now full position short. Looking to sell more over the next several days, if/when market drops.
32.5 mean reversion
Anyone else see an overnight drift lower?
They all fell asleep, and now he, who stops the flow of rivers, is at the wheel.
Too funny, man. which pastures are you grazing down to? any stops level to stop out he, who stops the flow of rivers?
He, who stops the flow of rivers, will not bear witness against himself. In other words, he takes the fifth.
12-30-09 08:59 AM
Quote from Buy1Sell2:
There is only one 100% winning strategy. It is dollar cost averaging (buy and hold) into index mutual funds over a time frame of 20 years and beyond. Other traders need to use close stops risking no more than 2% of TLNW on each trade/idea, letting the winners run.
I guess I thought that everyone would understand that diversification was a large part of the strategy. Sorry--I'll be more clear next time.
Quote from Buy1Sell2:
There is only one 100% winning strategy. It is dollar cost averaging (buy and hold) into index mutual funds over a time frame of 20 years and beyond. Other traders need to use close stops risking no more than 2% of TLNW on each trade/idea, letting the winners run.
Quote from EON Kid:
So there is still hope for Tokyo Joe, should only take another 20 years to break even.
Do you know what happened after the tulip bubble or the South Sea bubble, maybe you should re-think your statement.
I guess I thought that everyone would understand that diversification was a large part of the strategy. Sorry--I'll be more clear next time.
Quote from Buy1Sell2:
12-30-09 08:59 AM
Quote from Buy1Sell2:
There is only one 100% winning strategy. It is dollar cost averaging (buy and hold) into index mutual funds over a time frame of 20 years and beyond. Other traders need to use close stops risking no more than 2% of TLNW on each trade/idea, letting the winners run.
I guess I thought that everyone would understand that diversification was a large part of the strategy. Sorry--I'll be more clear next time.
So you think
My good sir, I was not stopped out but rather forcibly dragged my ass out (out of sheer boredom). Having said that, I think my short entry was pretty good but the timing was obviously off. Man do I miss the good ol' days when the market would drop after hitting the damn HOD. Now it just mucks around like a doting idiot.
- Status