Kudos to MMs

Quote from ivanbaj:

It is not going very well. Someone is too bullish. :)
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Patience, this day will be decided in the last hour or maybe last 1/2 hour.
 
I am a bit disapointed with myself. When I saw the lower high double top towards the end of the day yesterday, I knew I had seen what I wanted in order to get short. Realizing that my stop would then be this double top, or ~993, and knowing that my risk tolerance for these trades is 3 to 4 handles, I should have entered just below 990, say 989.50.

I was too slow with all the thinking and the market just got hammered, and my entry was hurried.

People say it is the exit that matters and not the entry. I say baloney.
 
Quote from nitro:

I am a bit disapointed with myself. When I saw the double top towards the end of the day yesterday, I knew I had seen what I wanted in order to get short. Realizing that my stop would then be this double top, or ~993, and knowing that my risk tolerance for these trades is 3 to 4 handles, I should have entered just below 990, say 989.50.

I was too slow with all the thinking and the market just got hammered, and my entry was hurried.

People say it is the exit that matters and not the entry. I say baloney.
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If you know both yourself and your enemy, you can win a hundred battles without a single loss.

The Art of War (Chinese: 孫子兵法; pinyin: Sūn Zǐ Bīng Fǎ)
 
Quote from ASusilovic:

If you know both yourself and your enemy, you can win a hundred battles without a single loss.

The Art of War (Chinese: 孫子兵法; pinyin: Sūn Zǐ Bīng Fǎ)
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"La sabiduría no vale la pena si no es posible servirse de ella para inventar una nueva manera de preparar los garbanzos." - Gabriel García Márquez, A wise Catalan in "Cien años de soledad"
 
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