YM Traders

Quote from lilduckling:

I agree we will definitely get a booyaahhh retrace... but it wont be in the morning... we will get a shake out first.... for the stubborn bulls still hanging on. Then we will get that retrace that you speak of to shake out the bears before the journey downward

If we do retrace past 1315.... then am out of the game and will leave this board.... in shame. (and penniless) :cool:
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well congrats on your trading. I got stopped out on all my long positions at 11350....... which is probably a few ticks from the actual bottom of this half assed a/h drop.
 
lilduckling,
btw don't freeze,
watch your position.
If you have multiple contracts, start scaling them out when it reaches around/over your entry, I assume you got in at the afternoon.

Holding through pain isn't worth the profits,

Either you ride the trend correctly, or you don't ride it at all, taking extra risk doesn't make any money in the long run.
 
Quote from coolweb:
................Either you ride the trend correctly, or you don't ride it at all, taking extra risk doesn't make any money in the long run. [/B]
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The futures markets have'nt trended since 2003. It's mostly half-assed back and fill action. He should have taken off most of his position and let only a few cars ride.
 
Quote from mhashe:

The futures markets have'nt trended since 2003.
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Really?

The YM went up 14% since last October, the ER2 28%. Looks like a trend to me....
 
Quote from Pekelo:

Really?

The YM went up 14% since last October, the ER2 28%. Looks like a trend to me....
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me thinks he meant intraday...vols were much easier to predict back then, now we trend couple of days a month if we lucky. :(
 
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