Let it run? Or Sell?

[scriabinop23]

The Trader's conundrum.

 

[frank grimes]

sell some, raise stops on some, let rest run...

 

[Comanche]

Quote from frank grimes:

sell some, raise stops on some, let rest run...

Spoken like a true warrior trader!

 

[scriabinop23]

thats the way.

anyone find themselves in a situation of being 'fearful' of buying at these levels (for scalps) ??? Its interesting to watch the bear psychology creep in. Which probably means load up now.

 

[phillyflipper]

If you are pressing the ES you probaly want to bail at 1512.00

 

[dtrader98]

had to make a few more bears cry uncle, before revision to the mean.

 

[lindq]

Quote from scriabinop23:



The Trader's conundrum.

Use a trailing stop. If your broker doesn't permit it, get a new broker.

A trailing stop in any timeframe is the best way to "let your profits run."

 

[S2007S]

let it run, i sold out of my SSO at 91.50 and saw it jump another $2.00


Still holding QLD looking to sell that at 100+.

 

[Comanche]

Quote from phillyflipper:

If you are pressing the ES you probaly want to bail at 1512.00

Damn good call!! missed your exact # by 1.5 pts but shit, that's good enough for me.

 

[S2007S]

Wow, this market is just tooooo volatile, dont get me wrong I would rather trade this market than any other day when the the DOW stays range bound for 5 hours but to see it go from 135+ down to -20 only to surge back to 95+ is quite interesting.