YM Traders

Quote from blackguard:

is it just me or does anyone else think a lot of people got permanently cripled if not completely taken out of the game by the rally on friday and this morning?

I was scrolling back a couple pages on this thread and see that everyone is still trying to go short. What does that tell you?

blackguard

What name do you want on the cheque.?
 
Quote from blackguard:

is it just me or does anyone else think a lot of people got permanently cripled if not completely taken out of the game by the rally on friday and this morning?

I was scrolling back a couple pages on this thread and see that everyone is still trying to go short. What does that tell you?

blackguard


tells me now that everyone "cripled" its time to short$$$
 
yeah, thats what stops are for, to prevent catastrophic losses. So far I'm breakeven for the day off two trades, but I'm primarily a swing trader. Was invovled in euro last nite and lost there :/
 
i'd say a lot of futures traders killed the last 2 days trying to countertrend. what happened to volente never another word after he shorted last night
 
Quote from stockripper:

i'd say a lot of futures traders killed the last 2 days trying to countertrend..........................

Only those who position-size too aggressively. For experienced and adequately-financed traders, getting the direction wrong is not that big a deal. Losses from such trades are built into the expectancy of your system/ method.:)
 
Quote from stockripper:

i'd say a lot of futures traders killed the last 2 days trying to countertrend. what happened to volente never another word after he shorted last night


This is still a suckers rally imo. tomorrow they sell off as longs jump in.
 
Quote from Ripley:

Friday closed up, you buy on monday at the friday high.

85% winning system... you don't wanna fool against those odds.

where did you come up with that stat?

Edit: looks like screw the longs time came early, was expecting it tomorrow. Went down fast EOD.
 
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