I am new to this forum... I would I get more information on your system?
Quote from Pekelo:
Correct. Now as the accountant, because of the ambiguity of the position (and the obvious lie about the March price) I will treat it as the Dec short would be still open. (this is actually favorable for Surf by 90 points)
Unless Surf clarifies, I will close it for him on Friday 4:15 pm. Position is currently about -40....
http://www.elitetrader.com/vb/showthread.php?s=&postid=1718762#post1718762Quote from marketsurfer:
yes, YMH8.
Quote from tradingroger:
I am new to this forum... I would I get more information on your system?
I take absolutely no delight in your poor calls. I never refer to them for their own sake. However, I do have a strong aversion to what appears to be bullshit. It is because of the robust fragrance of your last few posts that I asked for clarification. Do you plan on providing such clarification for your journal readers?Quote from marketsurfer:
i see the inspector geezers and trading voyeurs are out in force today. they will take particular delight in my very poor call this morning, and impending potential fat loss on this trade. the range has just been incredible in the DJIA, daytraders must be having a blast. continuing to hold here.
regards,
surf
Quote from optioncoach:
I think to be fair you have to treat it as two trades. The DEC contract was opened and closed for a loss. Now there is a new MARCH short at whatever price it was rolled into. The DEC was a loss and it is now a closed position.
But as much as you ask you will never get the accurate close price (DEC) and open price (MAR) so you can only guess at the numbers sadly.
Quote from marketsurfer:
...and impending potential fat loss on this trade. continuing to hold here.