I Got this one wrong guys.....

[systematictrader]

Just don't use margin. Use options.
And I was looking for some individual stocks for Max to use the options on.

Edit....
OOps, I just read the subsequent posts.
100% right.

Too many posts now
To keep up

 

[systematictrader]

Funny how everyone is a financial advisor when some one is about to place a large trade
Hahaha
Iam Not excluded

 

[Max E.]

Im piling into this thing short here, if I'm wrong here, I'm going to bleed off half my fucking account, I'm not wrong. Im hitting this thing 5 contacts per swing until my leverage is maxed.

 

[systematictrader]

Im piling into this thing short here, if I'm wrong here, I'm going to bleed off half my fucking account, I'm not wrong. Im hitting this thing 5 contacts per swing until my leverage is maxed.

Put option put option put options

 

[Max E.]

You think im joking here it is.....

 

[Max E.]

looking to exit the first part of this position when we snap through 2900

 

[Max E.]

Nailed it again, still no exits

 

[systematictrader]

looking to exit the first part of this position when we snap through 2900

Iam Rooting for you iam short too, on a longer time
Frame
Though

 

[Max E.]

This trade sort of personifies exacltly what went wrong the whole way up.... I'm really fucking good at trading the market, but then i let something like this grind me out and turn into a loser.....Maybe i should have taken some off, but I'm maxed out now leverage wise.

For people who are wondering, I have a hard stop on (edit)65 contracts at 2922.50, that's my breakeven, i spent all morning building into this and its more than likely i will stop out for zero.

 

[themickey]

This trade sort of personifies exacltly what went wrong the whole way up.... I'm really fucking good at trading the market.....