4 replies to this topic

[dTraderB]

Summer doldrums, slow, drifting, choppy market, but as they say, NEVER STEP IN FRONT OF A STRONG MARKET (unless it is ST and you have a stop in place)

Dull markets can be dangerous. 

Strong markets consolidating can inflict considerable pain on the naive or super confident traders.

 

My stops are simple with basic logic: 5-period average plus or minus ATR * factor

"factor" is 1.2 for daily, and 2 or 2.5 for shorter periods. 

 

 

[dTraderB]

too busy to post... 

closing VXX short

 

Trying to trim shorts, am uneasy with too many short

[dTraderB]

of course it is 2816 and not 2716

[NAV]

of course it is 2816 and not 2716

Is that based on ES or SPX ?

[dTraderB]

SPX daily close