I am thinking about going short in the YM late today 03.22.07

Quote from rcj:

i havent been doing anytrading tday becuz
ive been driving around looking for a trailer park.
More...

Welcome back. Busy day today. Tomorrow should be as well. This market may well go higher but that's what stops are for.
BK
a.k.a. "shorty"
 
So I should put more money in Forex and equities...right? There is about 15k listed below at risk....I constantly move money about, so its hard to say as I rebalance often and also add $'s from my job...I make most of my money on the job, and I waste most of my time in ET. Hey! don't laugh, my taxes are paid quarterly and life is pretty debt free just now and I make 5 times what I need to survive for Wifey and I...



Code: 
YM Futures                  + 14.86%   26 days of magic signal trading w/Open E-Cry
Dividend Equities           + 2.17%    20 days of holding at Zecco
OEX100 Options Weeklies     + 4.6%      6 days of autotrading w/TOS
Forex Automation            BreakEven   2 days of robotic, spastic trading
Hummer H2 Depreciation      Thousands  14 days of EGO
Real Estate                 -20%       2 years of losing, when others get rich
 
I am waiting for a "sure" short loser...still flat and enjoying this thread...

The distinction in the magic will be if it is for 25 pts or 50....

Thank you Very Much,
ES
 
Perhaps I have too much of a bear bias for my own good.
But then if it tanks . . .

Good price action today if one trades bounces.

Still holding -2 at 824/825
 
The half hour YM candlesticks will not let the 25 pointer enter...too much long power.

Think Short for now, but I will not enter yet...bias is always temporary, we are traders...

When you battle with what you think and feel and justify with the trader mentality that you have learned, then you are on the right track

Much,
ES

P.S. while many of you make money...I wait on the sidelines...this is a loser strategy :)
 
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