Hampton Has Shorted The Dow Today

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Yep got the St Louis Blues hehehehe. Anyway, SH, I get a bad ache in my bones that this trade of yours is not going to end well, and there will be great Joy for the h8rs, as the youts would say. But anyway, we are short eur/usd from .0425, stop at .0455, tp down there someplace, thinking about pyramiding the position at this point, with the unfortunate assassination of the Russian ambassador, the Berlin attack etc, this puppy might have a nice downside. Hate to profit on tragedy but.......

The Ever Aching VIPER
 
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The point is that there is no point to saying "We shorted the dow with no hard stop". There is no value to the reader in that type of statement. Anyone can say that. --You must have hard stop and timeliness to be an effective and credible poster here.
 
Folks like Jim Rogers take short positions with no hard stop but they are under-leveraged. That's not trading, that investing or "position trading". Here's the big difference---Jim Rogers would not be just looking for 500 dow points. Thank you for your time.
 
Folks like Jim Rogers take short positions with no hard stop but they are under-leveraged. That's not trading, that investing or "position trading". Here's the big difference---Jim Rogers would not be just looking for 500 dow points. Thank you for your time.

True-- 500 points is the minimum I am expecting--very conservative estimate. I believe my strategy and stops was defined in detail earlier

Hampton
 
@Buy1Sell2

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Amazingly, I'm going to pull a B1S2, the OP of the ES thread...
For a bit of integrity, please tell us:

1) how many times you plan/expect to scale-in
1a) at a minimum, tell us what percentage of your trade has been put on.
2) What is your stop? Mental or hard is not important.
3) What is your expected hold duration? a few days, weeks, months, years? It's already clear this is not a day trade.

As of now, the average price on this YM short is 19794.


1- scale in 3x

2- 2 out of 3 possible entries

3-- 20,107 is the stop

4-- no time expectations.

Hampton
 
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