Quote from porgie:
rickshaw,
that rear view mirror trading is great...where is your position trade now that you exited when i suggested a 40 pt. stop. you would be up nicely right now.......you risked it all yet you wouldn't take a risk $200/per lot loss....position trading this stuff needs at least a 50 pt stop.....yes, most of trades today were buys...some of us have developed the sell syndrome or countertrend syndrome...it definitely can and must be overcome..watching the general trend works well..gambling is much harder to abandon..if u really had ur money in the position trade w/o stop u r a gambler.....bad news for intraday trader unless u stop doing that....NOW SAY" I THOUGHT U WERE OUT OF HERE?" ...happy trading.....
Why don't you post a trade and quit saying how everyone is scaring you. Get in the game, post a live trade what are you waiting for? I think the Dow may bust thru support soon and make a higher high, so get ready scaredy cat.