YM Traders

ddd
d d
d d
d d
d d d
d d d
d ddd
dd dd


It's easier than you think, although no one has a crystal ball I'd bet that the direction of the next d is more than 33.3% up.

Breakeven is at least a 66.6% chance so it's really about execution and money management, yes?
 
Quote from blackguard:

long at 10912 and 10913

holding into tomorrow, possibly into monday morning. looking for 50+ points

blackguard

10867 at the moment. Still looking for +50? Will have to get its skates on to get there today. I suppose we will see your stop if it tanks from here.
 
Yeap, the trade is currently 70 points in the red. It is really sad, because he is a good trader, but I think he let pride overpower him.

This is a good learning example for newbies though, that:

1. Nobody is invincible, even after a good run of profitable trades.

2. Always use stop losses, even if loose ones.
 
Quote from balda:

why am I bullish today?

....watching too much CNBC. I too am buying it up for the eventual run through Dow 11,000. Only that prices are just not cooperating.
 
Back
Top