We are on different time Dev. We are more day folks. We took a couple longs today done for day We did nicely. What happens after ah. rather hit harder on super high odds 80%97% st probable moves and compound then sit in a small position for swings with a 60% probability in the long run but that is mostly us. Dif strokes for different folks. I hear ya on the rest.
i just dont see how one can expect to do nicely with in a 15m window of a modest bounce...when one can do soooo much better as soon as that 15 mins is over with
hours left to the trading day in a bearish short position with the trend.
the trend is no longer UP for the NDX and i can show that others on at the door ... so although i love to take a counter trend trade once in a while ...no way in ell
i do it when the MOMO is in bearish territory knocking on EXTREME BEARISH or Crash territory ...within as lil as 3 DAYS.
if i even mention a long at this point it would be irresponsible of me...to lead them to what could be a slaughter.
i understand ...but i strongly advise to stand down.
Edited by Mr Dev, 11 April 2014 - 01:44 PM.