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Buying 1339


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#31 fluid

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Posted 18 February 2011 - 12:53 PM

added ES long @ 1342.25


Dr Octopussy, the SPX is at 1142, please refer to my earlier post and take it FWIW.

Trade safe.



If I am decoding your message correctly:

>Dr OctoPUSSY - > This means dont be a pussy
>SPX is at 1142 -> Your target is 1412
>Take it -> You are death sure
>Trade safe -> Always keep a stop



Fair enough, I didnt know if you were on the level type.

#32 Dr_Octopus

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Posted 18 February 2011 - 12:58 PM

added ES long @ 1342.25


Dr Octopussy, the SPX is at 1142, please refer to my earlier post and take it FWIW.

Trade safe.



If I am decoding your message correctly:

>Dr OctoPUSSY - > This means dont be a pussy
>SPX is at 1142 -> Your target is 1412
>Take it -> You are death sure
>Trade safe -> Always keep a stop



Fair enough, I didnt know if you were on the level type.



Roger that. Thanks for the enlightenment and education.

Stick around please. I think you are the best trader I have ever seen.
Formerly "Alex The Short Seller" - Notorious Bear Raider

#33 Dr_Octopus

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Posted 18 February 2011 - 01:19 PM

added ES long @ 1342.25


The way I would do a trade like this is to put a stop in on the lot at the original entry. The loss if goes against becomes minimal.

Risk management is the key at these times. VERY important you to acknowledge/recognise this and I apologies if I sound patronising in any way, but dont want you blaming me if it goes wrong ok. I am not saying you would, but just want clean business.


Risk management is always key, don't you think?
Why these times? Are you expecting a crash or reversal again?

Don't worry , I am trading exactly as you do, 6 point stop @ 1334
the hard one as you said.



If you traded exactly as I do then you would have taken the profit by now, to be 110% clear.



Do you mean you are already out?
Let me know, I am fully long from ES 1342, your faithful follower :redbull:

Edited by Dr_Octopus, 18 February 2011 - 01:23 PM.

Formerly "Alex The Short Seller" - Notorious Bear Raider

#34 dcengr

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Posted 18 February 2011 - 03:43 PM

To be honest.. this was a flat day.. Volume a bit higher than average, but we've had a series of nearly flat action days..
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#35 fluid

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Posted 18 February 2011 - 03:46 PM

To be honest.. this was a flat day..

Volume a bit higher than average, but we've had a series of nearly flat action days..


I agree just a very choppy day.

Have a good weekend.

All the best.

#36 Bangtime

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Posted 18 February 2011 - 03:52 PM

To be honest.. this was a flat day..

Volume a bit higher than average, but we've had a series of nearly flat action days..



Aren't you usually honest?

#37 dcengr

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Posted 18 February 2011 - 04:09 PM

To be honest.. this was a flat day..

Volume a bit higher than average, but we've had a series of nearly flat action days..



Aren't you usually honest?


I came in looking for a down day. But it's slightly up. I'm being honest that my projection was wrong.

There is always the next trade.. as long as you're not broke.. <_<
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#38 Bangtime

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Posted 18 February 2011 - 04:25 PM

To be honest.. this was a flat day..

Volume a bit higher than average, but we've had a series of nearly flat action days..



Aren't you usually honest?


I came in looking for a down day. But it's slightly up. I'm being honest that my projection was wrong.

There is always the next trade.. as long as you're not broke.. <_<

:D ;)



#39 Dr_Octopus

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Posted 18 February 2011 - 04:37 PM

It was a near death experience when the market took a dive after I loaded up. Thank ******* it came back.

I am long big time and up 1 point

Finally in green , and ready to enjoy the weekend.

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Edited by Dr_Octopus, 18 February 2011 - 04:38 PM.

Formerly "Alex The Short Seller" - Notorious Bear Raider

#40 thespookyone

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Posted 21 February 2011 - 02:45 PM

Geez, it's so easy to blindly go long, eh? They'll run through both your stops like Grant did the South.