Edited by golden, 25 April 2007 - 12:05 PM.
scaling in longs here
Started by
golden
, Apr 25 2007 12:04 PM
13 replies to this topic
#1
golden
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Posted 25 April 2007 - 12:04 PM
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#2
Tor
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Posted 25 April 2007 - 12:23 PM
hasnt paid being short so far, but good luck. I can see it, but I also see a lot of others thinking the same thing.
looking at the sox, they lkook as if they are only just breaking out. i prefer to just observe right here and wait for sure signs of a reversal.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
arbman
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#5
skott
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Posted 25 April 2007 - 01:40 PM
not really sure what you are saying then.
first you said you were scaling into long the QID which is 200% short the market.
Now you say you are hedging. So what you are saying is ?
#6
skott
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Posted 25 April 2007 - 03:20 PM
oh, golden put me on ignore. So he doesn't want to answer the question.
#7
Tor
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Posted 25 April 2007 - 04:05 PM
oh, golden put me on ignore. So he doesn't want to answer the question.
Thats a bit dumb........i thought it was a good question.
either you are long, short or neutral. if you hedge then you are neutral. pointless to say going long if in fact going neutral.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#8
golden
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Posted 25 April 2007 - 05:00 PM
So what you are saying is ?
What part of hedging don't you understand?
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#9
golden
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Posted 25 April 2007 - 05:12 PM
either you are long, short or neutral. if you hedge then you are neutral. pointless to say going long if in fact going neutral.
Yes, fully hedged = neutral
partially hedged (as I scale in QID longs) is still net long.
Clear?
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#10
skott
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Posted 25 April 2007 - 05:12 PM
I agree Tor. The original statement was I'm going long QID meaning 200% short the market. I doubt the market moving 2% against him immediately had anything to do with him changing to hedging... but after it did he said he was hedging. Just unclear to me. Furthering my confusion was you telling me in a pm a few weeks ago that you had a bunch of QQQQ puts and that this market was going to crash. Frankly I thought was too but answering sarcastically does not help maintain good relations on the forum. let's try again.
