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took 1/3 off


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#1 CLK

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Posted 24 July 2012 - 11:38 AM

No signal, just reducing risk. Probably close down 300 today.

#2 ogm

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Posted 24 July 2012 - 12:24 PM

Just eyballing the daily chart, it looks like we may get the 300 downday. Most likely tomorrow, if not today. A real breakdown day that takes out the 200 day average.

#3 diogenes227

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Posted 24 July 2012 - 02:20 PM

No signal, just reducing risk. Probably close down 300 today.

In my mind, reducing risk IS A SIGNAL.

Congrats on the profits.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."