FOMC minutes today and Jackson Hole tomorrow, so probably treading water until then.
So reduce on a pullback, profitable is a bonus, but the main goal is to stay in until the inevitable larger pull back. Do you keep reducing...
Aren't you making a loss though (on every reduction) until the big move? Edit: I see so you buy back under the last addition, on the pullback ??
Interesting, I've never thought about reducing the average as a means to stay in the game. So it's not a case of if the market doesn't do as you...
Excuse my ignorance, but could you explain what you mean by this? Thanks
The market does have a bias to go up over time as companies are always striving to make a profit. However if you buy at the top you might be in...
Looks like your strategy has a short bias as you seem to lose money when the market rallies. Just an observation.
So why reduce at this time, are you reducing your exposure (risk)? Also do you add the same number of cars each time or do you add more as price...
If you believe in chart patterns then it has formed a bearish triangle on the weekly. [ATTACH]
does that mean you've just lost 10 points on that reduction?
Thanks Ammo, well I imagine they would keep pushing price up to squeeze shorts, when that is done push price down rapidly to force longs out of...
I'm not short. Looks over extended. Just saying. Does look like 2000 will be a magnet now though.
It's moved straight up for the past three days. It's also retraced nearly all of the recent down move, from 1904 ish. Thanks
This move up is looking quite extended now, must be due a retrace soon?
Married
On the weekly, looks like it's getting ready make another move down.
Hi Ammo, Is this the same trade you were in earlier @61.6 that you are adding to? Edit: Ok, thanks for adding that, so average @66 now. Thanks
Looks like they're determined to get their war.
Cant see that on the news, have you got a source? Thanks
So your stop is always 20 points, is that the nq and es or different for each? Thanks
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