Yes, I meant to type "bantha pudu" (sic). Listen to the movie, not read the subtitles. And what if the hedge's stop got caught up in chop, and right at the stop, it continued back in the direction of the main trade a few tics, and then started going opposite again? Another hedge with a tight stop? That can continue on for quite a while and you are accumulating a bunch of losses on the hedge. I think our differences are that we have different ideas of hedging, as I only trade commod futures, not options. I don't know which instruments you trade. Although, based on your handle, I am keen to guess. Spot Forex? Not sure I am reading this one right. Target is over 100 points...up or down for your entry? I'd need an example from your trading to see how this has worked.
Go back to the "Trading the Indices on Fundamentals" thread, read the opening post, all is explained therein. The rest of y'r posts already have answers, no need to repeat myself. As for the 100pts, expand that to read 100 DOW points (all my pt references are DOW pts unless specifically said otherwise)
Oh, that thread. Yeah, I still don't know how to tell the difference between "sentiment" and "trend" and fundamentals. Look, sorry man. I'm willing to start fresh with you if you are with me, no harm no foul. Shit happens on BBSes like this.
man, you need help, spend the next couple of weeks reading up on the biography of the great traders of our time Fine with me.. I've only been repeating your vulgarities and demeaning words you used first i.e. I did not initiate, just responded, and will continue in that vane.
You need to size positions so that one position will not cause major problems. Seems you're overleveraged and/or overconcentrated.
If a meteorite hits the US and is significant enough to cause major problems in US then your profits are the least of your worries. You need to start storing food and maybe ammunition. But again, it's never smart to be concentrated on the long side to this extent.
Smart advice, the only thing that could be worst is to be concentrated on the short side of an Index since history tells that an Index has a high probability to break its former highs (giving time) but a low probability of ever reaching its former lows. I'm not as I'm hedger and diversified, I'm however curious on how you derivided at your asessment.