ES trade mgt. in today's volatile mkt.

Quote from MandelbrotSet:

hey Reaver, how's your Short on the EU performing these days?

I took a look at it last night and it looks like a pretty solid bet.

Right now I am in the red for sure.....getting my ass handed to me right now since I got in a little too early apparently....I still think it has a shot at working.
 
"Right now I am in the red for sure.....getting my ass handed to me right now since I got in a little too early apparently....I still think it has a shot at working."

why don"t you exit position and wait on sidlines (without losing money) then renter when the trade starts "working"
 
Quote from cashrules:

"Right now I am in the red for sure.....getting my ass handed to me right now since I got in a little too early apparently....I still think it has a shot at working."

why don"t you exit position and wait on sidlines (without losing money) then renter when the trade starts "working"

actually he purposefully entered early and is using a technique of scaling into his full position ... not everyone scalps for four ticks a shot.
 
i fully understand scaling. but, i would rather scale into a winning position rather than scale into a position "early" only to sit and watch a loser?
 
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