Quote from myminitrading:
Just average down, this market never goes down for to long. I can take quite a bit of heat before I suffer. I will bail at 2% account equity loss. That would be near 12400 with my current position. Do you really think the crooks are going to let the market fall during these important first days of trading, I think not, they need to sucker in all the dumb butts with their stupid January market sayings, I can see a line forming at Etrade for new trading accounts.
Quote from empee:
your original stop was 12570, why did you move your stop (reasoning)?
(Besides the "cause I knew it would come back" (until it doesn't)
Quote from osorico:
Typical mymini bullshit!
The trade ran your initial stop for a loss closing in 1K. Now, in an attempt just to be right, foregoing your own manageable money management rules (and initial stop), you decide this trade is worth risking multiple 1000s. You sir are a fraud.
Bye bye.
Quote from osorico:
Typical mymini bullshit!
The trade ran your initial stop for a loss closing in 1K. Now, in an attempt just to be right, foregoing your own manageable money management rules (and initial stop), you decide this trade is worth risking multiple 1000s. You sir are a fraud.
Bye bye.
Quote from EPrado:
This journal will be the shortest lived one in the history if this place. Most likely this guy isnt trading real money. If so is rather frightening. He will "average down" until he is eventually even. There is a reason this guy isnt trading for a professional firm...you are seeing it right here.....he should be teaching a course titled Blow Up 101....