Yeah, no doubt-- i don't get this psychological profiling-- i guess it makes the trolls feel better.
Things are looking great today, other than for our one holding that I dare not speak its name.... True. Thanks!!
Readers,
We are continuing to hold the YM shorts --- patience is the name of this game.
surf
What part of "systematic trading" don't you understand?
Did you direct that question to me Mr. True?
...
There is zero discretion with systematic trading. If i deviate from the plan by taking profits, it becomes a discretionary system voiding the value of the program.
I can't take profits prior to the 1000 point fall from the entry per the system...
This is where our minds differ on the issue. I see a chance to have taken $30,000 in profit, and go back in to try to get more, while minimizing a reversal with a smaller position.
I have tried being bull-headed before about hard profit targets, and it gets rather annoying when the prices start to waffle in the middle of the entry and exit. Especially over the course of a couple of weeks!
I strongly suggest not trading like i do, then.
$30k means very little in the systematic scheme.
This isn't a game for the undisciplined undercapitalized, scared money, or folks who need money--