up 70 % in 3 months, 1000 max drawdown

I kind of misread your previous post, my fault.

Quote from Kassz007:

I don't understand your comment.

To clarify my question, I was asking how he knows when a trade has gone wrong and must exit? Or does he average down into oblivion?
More...
 
Definitely. All strategies that use leverage are prone to massive losses. Averaging down is just the quickest way :D That being said, however, there are times when averaging down works. Today is a perfect example. Buy the dips following the Fed and let her fly.....

Quote from limitupmike:

the 1 thank you for your ideas.. I am getting out my old greek option book and learning just liek LTCM did.. no matter what you can still blow up! I pretty much blew up today in sugar.. but it takes a loss to sometimes put you back on the right track and bring your head back down to earth
More...
 
Quote from limitupmike:

i'm out of the spy .was up on the initial sell.. but the first way ws the wrogn way!! anyway i ended up taking a small loss
More...
Why is your thread in chit-chat? :confused:

You seem to be talking about trading, not bsing around.
 
The thread was put into chit chat because it was simply another "Look how good I am" post with no specifics.

If the OP would like to begin a journal in the journal section, or post REAL TIME trades in the Trading section, I would be more than happy to leave it where it is.
 
oh well.. I am done with ET for good! i thought i added a lot to this site, but tis funny how the moderators play favorites.
Anyway good luck to all of you and I hope that in some small form
or another i have at leat opened your eyes to trading.
Peace out.
 
You must log in or register to reply here.
Back
Top