whats it like to be short into a ramp like that?

stops/extremes

extremes does not refer to the end of a big MOVE.


it refers to the TOP of a small move, picking off your weaselly stop
 
200 up on tues, 200 down on wednesday, blow off top on fri, all the zig/zag, extremes of an end of a movement, wipe and flush
 
It does not matter where you place your stop -- the market will hunt it. Did you know that MM's can actually track stops based on IP? LOL. Bet few people know that :D :D

Quote from plyka:

If you're stops are getting hit at EXTREMES then your stops are too far away. I'm not sure how you're trading, but stops should be much closer. It shouldn't be getting clipped at the end of an extreme move.

In fact i move my stops to breakeven within 10 minutes of entering a trade.
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all I know is there was no shortage of anii with legs at the 666 bottom swearing we were going to 400.

still, 90% of posters bearish and broke.

there is an ungodly amount of bad opinion on the net. oh, I've been calling for this rally in my congrats thread for 2 months.

rare thing indeed. glad you were all able to cash on my wisdom.
 
Quote from Arnie:

Not now :D

That hurt
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That was crazy. Market is well outside the bands. I think it will pul back at some point, or trade sideways in which case I'll churn a k or two..
 
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