Surfer Alerts

[taclander]

You must have some room to work a few intraday positions to capture some back while you wait. Margin wise if you could hold overnight with 10 then you should have room to trade a few intraday today. On the other hand I'd be sweating now.
I've been here and done this myself at times over the years. I have in bold large print on a sheet at my desk to take my loss and move onto the next trade. If only the trade platform was hooked up to a taser and zapped me when I started thinking about hanging in there.

 

[marketsurfer]

Quote from taclander:

You must have some room to work a few intraday positions to capture some back while you wait. Margin wise if you could hold overnight with 10 then you should have room to trade a few intraday today. On the other hand I'd be sweating now.
I've been here and done this myself at times over the years. I have in bold large print on a sheet at my desk to take my loss and move onto the next trade. If only the trade platform was hooked up to a taser and zapped me when I started thinking about hanging in there.

Yes, but since I don't use stops, I need to position size so that all but the most unlikely extreme adverse moves can be absorbed without knocking me out of the game---

Funny about the taser!

surf

 

[marketsurfer]

Quote from southall:

How many years you been trading?

Over 20 years. I am more of a speculator than day trader.

surf

 

[Trapper]

Quote from taclander:

If only the trade platform was hooked up to a taser and zapped me when I started thinking about hanging in there. [/B]

Talk about motivation!

Trapper

 

[southall]

Quote from marketsurfer:

Over 20 years. I am more of a speculator than day trader.

surf

20 years.. thats a long time you must of taken a lot of money out of the markets over the years. Especially during the 90s and the tech bubble?

 

[R. Raskolnikov]

Wtf??

Quote from marketsurfer:


Surf Alert

Entering long CL 10 contracts @ 95.36 stops @ 94.95.......

.......Yes, but since I don't use stops, I need to position size so that all but the most unlikely extreme adverse moves can be absorbed without knocking me out of the game---


surf

 

[taclander]

What gets you out of the trade? Is there a pain point?

 

[Lucrum]

Quote from southall:

20 years.. thats a long time you must of taken a lot of money out of the markets over the years. Especially during the 90s and the tech bubble?

 

[R. Raskolnikov]

His first trade in this journal had a stop, this one doesn't. Inconsistent approach IMO

Quote from taclander:

What gets you out of the trade? Is there a pain point?

 

[taclander]

Yes, that is why I was wondering what takes him out of this trade. Took a stop on that initial post, but is letting this one go.