Although I agree with you that we're near the bottom (I have my limit order at 92.25), this is a pretty steep selloff and nothing tells me that it...
How do you keep up with all those charts? Also do you really trade 100 lots?
Man, just imagine that the market is rallying at your expense should you be one of those who were laid off. How pathetic! :mad:
Speaking of economic numbers, I guess the market completely ignored, or rather conveniently forgot about, the 12,000 ex-employees CFC kicked out...
And thank God I bailed out in time because the damn thing started tanking soon thereafter. Whew!
I changed my mind. I'm getting out at 1501.25
Twice in a row...simply amazing. At the going rate, amazing grace will be bankrupt by the end of the day. :D
I'm with you there for the time being, so let's see how slick you might be. Profit target: 1503.5
Out at 1498. Hear that? Now who called me a "big slick"?! :D
Me, me, me! :D On a serious note, you made a very salient point. Some people are very good at cutting their losses early. Unfortunately,...
Did you forget the neverending chastisement that others indulge themselves in? RIDE YOUR WINNERS! :D
Long 100, did ya write, as in 100 contracts? That would be a sizable hit!
Hmm, you wish me to be an idiot by telling the whole world where my stop is. Well then, so be it. It hovers near 1505. Just don't ask again. :mad:
I lost you there...elaborate.
Short 10 lots @ 1502.75 A bit premature??
Which is better? Ninja or the Button Trader? Too many choices, not enough time! :mad:
When you say I "need to roll it your self", do you mean that I need to manually close out the September contract and open the December contract?...
I should also add that the problem with all limit orders is that they're no good unless they're hit and filled. That was what I was arguing about...
Thanks for the explanation. But as I stated above, I would think there shouldn't be any problem with rolling over the futures from the front month...
Buy stop or sell stop orders are used only when I'm expecting a breakout or a breakdown, respectively. For example, suppose the ES is currently...
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