YM Traders

[Ripley]

Up 70 pts from the lows, but you know what? It can still go up 70 more. And that would be bad.

 

[Ripley]

Quote from volente_00:


What's up with the loose risk management ?

I forget about stops when I'm scared... This is a scary trade, because I don't see it... I just don't see it going down. And I am betting that I am wrong. (Its a 70% strategy).

 

[Ripley]

Quote from volente_00:

Shorted at 10714


20 point stop.

Do you have a profit target?

 

[porgie]

good luck to all....it appears luck help a lot ...is that correct?

 

[Ripley]

Quote from porgie:

good luck to all....it appears luck help a lot ...is that correct?

155% right man. The other 50% is praying before and after and during the market hours.

 

[porgie]

14 a lot better entry now than before...

 

[volente_00]

A 20 point move is coming soon. My bet is it down to 10695, but if I am wrong it puts YM right at my stop.

 

[Ripley]

650.. here we come...

 

[porgie]

trend says a lot....short charts say too much...risk reward is critical...best wishes...

 

[volente_00]

"it appears luck help a lot ...is that correct?"


No luck is needed, just an edge that works and the belief in yourself to flawlessly execute the trades without straying away from discipline.