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The Swamp

  • #53,941
  • Mar 6, 2020 7:19am Mar 6, 2020 7:19am
Short 2940 SPX
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,942
  • Mar 6, 2020 7:21am Mar 6, 2020 7:21am
Quoting priceaction1
{quote} yes it was.
I was dealing with Hurricane Andrew aftermath then.
those who can, do. those who cant, talk about those who can
  • #53,943
  • Mar 6, 2020 7:23am Mar 6, 2020 7:23am
Quoting DMA Trader
would buy index now but i prefer stocks .
Holding out for property, it may get cheap.
those who can, do. those who cant, talk about those who can
  • #53,944
  • Mar 6, 2020 7:24am Mar 6, 2020 7:24am
gold dropping $20
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,945
  • Mar 6, 2020 7:25am Mar 6, 2020 7:25am
Why?!
I play the trade gamble to feed my Porsche addiction.
  • #53,946
  • Mar 6, 2020 7:26am Mar 6, 2020 7:26am
Quoting DMA Trader
gold dropping $20
eur dropping
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,947
  • Mar 6, 2020 7:28am Mar 6, 2020 7:28am
Quoting gatorinla
1m support 1322/23
break on 1 min.

5min at 1260
those who can, do. those who cant, talk about those who can
  • #53,948
  • Mar 6, 2020 7:30am Mar 6, 2020 7:30am
Goldman stated negative interest rates off the table... that may have caused some drop.
those who can, do. those who cant, talk about those who can
  • #53,949
  • Mar 6, 2020 7:34am Mar 6, 2020 7:34am
took some losses on this eur drop and some trades were old on loss.
still think the move is down for markets and usd -
also bought back gold
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,950
  • Mar 6, 2020 7:35am Mar 6, 2020 7:35am
anyone have problems with LMAX freezing during moves? even this little drop froze it..
those who can, do. those who cant, talk about those who can
  • #53,951
  • Mar 6, 2020 7:37am Mar 6, 2020 7:37am
Quoting DMA Trader
took some losses on this eur drop and some trades were old on loss. still think the move is down for markets and usd - also bought back gold
taking losses early is healthy for ones equity.
those who can, do. those who cant, talk about those who can
  • #53,952
  • Mar 6, 2020 7:45am Mar 6, 2020 7:45am
Quoting gatorinla
{quote} taking losses early is healthy for ones equity.
you can say that again )

so indices stop on 1H resistance
eur on 1H support. - gold 4H support
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,953
  • Mar 6, 2020 7:58am Mar 6, 2020 7:58am
Quoting Mitiblotch
Short EU at 1338. Have some pendings at 1360 (in case).
Pending missed by 6 pips. Which one gets knocked out first? Lol
Attached Image (click to enlarge)
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  • #53,954
  • Mar 6, 2020 8:00am Mar 6, 2020 8:00am
WTI sub 42
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,955
  • Mar 6, 2020 8:05am Mar 6, 2020 8:05am
Quoting DMA Trader
took some losses on this eur drop and some trades were old on loss. still think the move is down for markets and usd - also bought back gold
I took loss today too. Made alittle back after nfp. Sometimes things just don't go our way. Overall was still a good week tho. If anything at least its moving, brings more opportunities later.
Motivation comes from within
  • #53,956
  • Mar 6, 2020 8:07am Mar 6, 2020 8:07am
main support of eur 1h-1.12580.if eur broke it its the end .h4 start down
  • #53,957
  • Mar 6, 2020 8:09am Mar 6, 2020 8:09am
OPEC - no deal
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,958
  • Mar 6, 2020 8:14am Mar 6, 2020 8:14am
Quoting DMA Trader
OPEC - no deal
an oil drop can bring non related equities down.
those who can, do. those who cant, talk about those who can
  • #53,959
  • Mar 6, 2020 8:16am Mar 6, 2020 8:16am
Quoting messi80
{quote} I took loss today too. Made alittle back after nfp. Sometimes things just don't go our way. Overall was still a good week tho. If anything at least its moving, brings more opportunities later.
my strategy for taking losses is like this
i usually hedge or make trades that are not going the same.
also when i am making money i am closing smaller position from the core (losing) position
third I am closing trades on loss when i have shorts like eur/usd - and it drops 50 pips to 1H support or 4H

also position against 1H trend are never big. - i also don't use a lot of leverage.
i love trading many trades taking smaller profits multiplied by many positions. - it adds up

also sometimes when i reach "my goal" i close stupid trades to light up the account.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,960
  • Mar 6, 2020 8:16am Mar 6, 2020 8:16am
back above 1 min support 1319
those who can, do. those who cant, talk about those who can
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