Took another short @ 149.15.
Now, the level of fussiness had become so appalling. Let's get this over with. It doesn't matter if I open one position, or multiple. If I open one with 0.6 lot, then I'm done with it. If I subdivided that into ten smaller lots, 1/10th the size, 0.06 lots, then I can have 10 positions with disproportionally smaller risks ratio than one single 0.6 lot.
I could have closed my shorts #050 and #185 when it spiked down three hours ago. I didn't, not because I can't, but I don't need to. The BOJ had been firing warning shots to the market lately, through these small but meaningful sharp spikes. It is not because they can't intervene, but they choose not to. They rather give the market opportunities, after opportunites to retrace. If too many warnings had been issued, and speculators are still stubborn, then the intervention on the scale of Sep 22 will be unleashed, and that will be very unforgiving, 500-600 points volatility, or even doubled that.
Now, the level of fussiness had become so appalling. Let's get this over with. It doesn't matter if I open one position, or multiple. If I open one with 0.6 lot, then I'm done with it. If I subdivided that into ten smaller lots, 1/10th the size, 0.06 lots, then I can have 10 positions with disproportionally smaller risks ratio than one single 0.6 lot.
I could have closed my shorts #050 and #185 when it spiked down three hours ago. I didn't, not because I can't, but I don't need to. The BOJ had been firing warning shots to the market lately, through these small but meaningful sharp spikes. It is not because they can't intervene, but they choose not to. They rather give the market opportunities, after opportunites to retrace. If too many warnings had been issued, and speculators are still stubborn, then the intervention on the scale of Sep 22 will be unleashed, and that will be very unforgiving, 500-600 points volatility, or even doubled that.
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