Hey: What's your stop for YM - seems 15 pts might be to low now?
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YM Traders
- Thread starter volente_00
- Start date
It is interesting that probably not a single legitimate trader of any renown would ever make such a forecast with anywhere near the same confidence (or bluster?). "Impossible?" "Low of the decade?" I do believe you just made a 4-year forecast.Quote from Ripley:
Its IMPOSSIBLE.. we're bullish. GDP climbing up, unemployment coming down, interest rates slowly moving up... and Dow flirting with historic highs.
YM might've made the low for the decade right around here. Time to BUY !!!!..
johhnny if u r really in a real money trade and u didn't take your money out please stop trading now.....u r playing a guessing game and u can't win long term....come back later after yoou have more experience.......if u did...excuse harsh comments and very smart trading........except entry too early....
Quote from porgie:
Curious........Johnny.......bottom line please.........Ripley ........news is no bueno.........since i have proven that to my intraday trading self a million times, i am convinced r u?
Look at the bright thing porgie, the more we go down.. The more up room we got to go up...
Saying news doesn't matter = saying GDP doesn't matter, that our economy doesn't matter..
rip.......i hope u r correct about probe........that is clalled stop running by the pros, by the wa y .....i ma not a pro obviously.....i need this thing to go way back up so i can unload something that has been a thorn in my account for awhile.........i only trade what the day gives me............i try not to push the envelope as an intraday only trader.........if it goes down and i get a strong signal i go down and vice versa.....i only need 15 pts past entry to smile.....but i prefer all up as the economy picks up as market does..............majority of working people own stock or work for someone who does....... i hope j's trade worked out for him.......it gave him the opportunity to make nice day on one trade.......1 contract........
rip.....the point i was making was not that news doesn't matter.........except to YM intraday trader's trading........it no t only doens't matter it can be a hughe distraction........huge.....it is irrelevant to intraday traeder's abilithy to operate system and capture positive points........