The Bucking Bronco

Hedged?

eh, tell me about it

averaging down..then buying all the position to be squered..then breathing...and trying to find another high, to liquidate the Hedged buy position..managed to do this on the 3rd try it seems yesterday. 605

They are two different thing.
Hedging (simultaneously long and short on the same instrument) ---> mine it's a big no!
Averaging down (adding to a loser) ---> It's your choice and your risk. If you are able to control it. Otherwise is trading on hope.

fti's Rescue is a different concept.

Frankie is here!

Hey, Frankie, how are you?

We're definitely at a decision point right now...

I'm missing what you meant about the daily...

Out.

Bad move.

Bought 284.

309 banking

:-) I'm with you on this one, Franco

My thought: To me it seems to require a very modern epistemlogy, that is: Kant. Because the relation between subject and object is rather complex. What does not work here (or anywhere else) is this naive empricisim or realism that says: "The objective reality is out there, just open your eyes, be passive, and let it flow into you; maximum you have to do is look at the right place and everything is out there". This is the mindset of people who want to analyze the objective data with mathematicals instruments and think that this is all they have to do. in nuce: thinking that by purely logical/mathematical analysis of past data being able to predict the future data.
In my opinion the better model of the subject-objet-relation we find in Kant's work (transcendental idealism): There is objectivity out there but it only comes into view if the subject also brings itself into play actively: by applying concepts, through interpretation, by contextualizing. That is: Reading the market. Maybe a good metaphor. Because like with a text: The black letters on white papers are out there, materially. But you don't read and you don't grasp the meaning of the text by just pointing your eyes on the paper in front of you. Rather, you have to know something and apply it, then you see someting, information; but you need to judge and interpret and contextualize this information as well, and embed it in a bigger picture you already must have, and so on. I think the metaphor/analogy of "reading" the market must be taken very seriously. ... sorry, my english not good enough to express everything precisely here.

I'd affirm that 100%. This is the approach of taking full responsibility for one's failure – and success!
The alternative: people blaming manipulation, the broker, secret algorithms, conspiracy of insiders, radomness, bad luck, ...

absolutely 100% what i meant above and expressed in beautiful formulation. This is the central idea of the German Idealists (Kant, Fichte, Hegel, ...).

Great conversation, here. We fly high.

Only a quarter position left now.

Banked 330

Bad move 2. They are complicating the situation!

What do you mean by bad move?

Deep retrace. Over extended to 300 again... calling for the Bears in!
My target was 357 minimum.

This looks even worse for the bulls now....

Banking!