yupp....every one of em led to new highs...........dont u love it.........snort
doubling up at 1515 mit
Started by
da_cheif
, Jun 07 2007 10:11 AM
19 replies to this topic
#11
da_cheif
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#12
denleo
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Posted 07 June 2007 - 11:27 AM
I agree Chief. But this one may take a while. I would wait till downside momentum slows.
Denleo
#13
da_cheif
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Posted 07 June 2007 - 11:35 AM
some dont believe in V bottoms.......sometimes it happens sometimes not.......soooooooo....ya gotta be prepared for either....
#14
Mr Dev
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Posted 07 June 2007 - 11:49 AM
Ouch !
but a big draw down shouldn't matter to someone holding long term.... as long as you can sleep at night right.
I don't know how you do it. I certainly couldn't.
Edited by Mr Dev, 07 June 2007 - 11:50 AM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#15
Mr Dev
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Posted 07 June 2007 - 03:26 PM
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#16
selecto
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Posted 07 June 2007 - 05:19 PM
"yupp....every one of em led to new highs..."
That has been true since 1776.
#17
da_cheif
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Posted 07 June 2007 - 07:52 PM
theres a lot you cant do......u take a long from 1383???.....and still init????Ouch !
but a big draw down shouldn't matter to someone holding long term.... as long as you can sleep at night right.
I don't know how you do it. I certainly couldn't.
#18
lscharpen
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Posted 08 June 2007 - 03:43 AM
theres a lot you cant do......u take a long from 1383???.....and still init????Ouch !
but a big draw down shouldn't matter to someone holding long term.... as long as you can sleep at night right.
I don't know how you do it. I certainly couldn't.
Being 'long from 1383' sounds impressive. But how about the cost of having to roll over the S&P futures contract once a quarter? It seems to me that currently a long term hold of a futures contract costs you 15 S&P points each quarter ..... or 60 points per year. How long ago was your initial entry, eh? I sure hope it was more than 2 years ago .... or I think your 'long from 1383' position is under water.
Lee Scharpen
Edited by lscharpen, 08 June 2007 - 03:45 AM.
#19
lscharpen
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Posted 08 June 2007 - 04:09 AM
I wrote "I sure hope it was more than 2 years ago .... ". This should have said "I sure hope it was LESS than 2 years ago ...... ".
Lee Scharpen
#20
da_cheif
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Posted 08 June 2007 - 06:14 AM
I wrote "I sure hope it was more than 2 years ago .... ". This should have said "I sure hope it was LESS than 2 years ago ...... ".
Lee Scharpen
the entry was on march 14.....about 50 trading days ago......i can see where your hed is at.......dark eh....
