End of message
Closed all puts
Started by
kaiser soze
, Aug 15 2007 09:15 AM
2 replies to this topic
#2
DraggdOut
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- Traders-Talk User
- 67 posts
Member
Posted 15 August 2007 - 09:25 AM
End of message
I did as well. Although I envy you. As a consequence of where I work, I have no choice but to use an actual broker for all trades/transactions I make.
I called when INDU was around 12970 to load up on calls. He had to forward me to the desk & by the time I got the limit order through I'd sat through a good 65 point swing just watching it tick by tick. *sigh*
#3
kaiser soze
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- Traders-Talk User
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Posted 15 August 2007 - 04:25 PM
Stopped out for 2% loss (1 % loss x 2 times leverage). Ouch.
I had decent profits two separate times during the day. Didnt take it. Just cant overstay one's welcome in this market.
I think the volatility is the surest sign of a bear market. Liquidity is scarce and daytraders are being picked off.
