Is everyone making a Ton of $$$, if not, then WHY?

[crystalballs]

Do you sell at 90? How much do you stand to win/lose selling at 90?

 

[crystalballs]

All this @ $1/pt......just to keep things simple.

 

[crystalballs]

The important bit, when we are talking about entry and exit, is the bit in between. DIRECTION. Get it right or get it wrong!

 

[crystalballs]

When you choose an entry you are choosing a direction, yeh? When you choose an exit you are no longer sure of direction or you are changing your stance on direction? Yeh?

 

[mizer]

Quote from crystalballs:

If a price goes up from 50 to 100, then, goes down, 100 to 50. Where do you 'enter' and where do you 'exit'?

I buy @ 50 and sell @ 100 then I short @ 100 and cover @ 50

Just follow my advice and you too will be sitting in a mahogany paneled office with marble statues of yourself like me

 

[crystalballs]

Both entry and exit are as important as each other.

 

[crystalballs]

Mizer, why do some people keep buying @ 100?

 

[Steve Tvardek]

Traders dont all have the same profit objectives or time frames. Some are very short term traders while others are very long term oriented. Someone who buys at 100, may be looking to sell at 500 10 years from now. You just dont know.

Quote from crystalballs:

Mizer, why do some people keep buying @ 100?

 

[crystalballs]

What is the most important, Steve? Entry, exit or direction?

 

[lilboy716]

just exit...

Quote from crystalballs:

Both entry and exit are as important as each other.