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Question for the vetern traders (stuck in position)

  • #21
  • Apr 12, 2007 8:27am Apr 12, 2007 8:27am
Sine you decided to ride the lighting and got lucky and made some pips... I have seen noobs do this over and over again. obviously nobody want you to loose but usually what ends up happing is you tend think well I made a few pips last time I'll just ride it out...

Then Booom, by by account... Just be careful in the longer run is will always safer to cut your losses and wait for your setups.
  • #22
  • Apr 12, 2007 10:20pm Apr 12, 2007 10:20pm
gman29,

If I were you, I'll close the trade (if it's in a loss), and use trailing stop (if it's in profit).
  • #23
  • Apr 12, 2007 10:28pm Apr 12, 2007 10:28pm
Quoting gman29
I put myself in a bit of a tight spot ././.

Any advise would be appreciated!
Given all information available to date would you take the trade?

That's your answer.
  • #24
  • Apr 12, 2007 10:45pm Apr 12, 2007 10:45pm
Quoting dunningduke
Seriously Wilf,

Anthony robbins is great!! His work has helped me with a lot in my life... His "5 steps to positive thinking" work is great!!
Anthony Robbins done nothing more for you than awaken you to the reality that your life is yours. do with it as you please.

Been there, done that and got the "Breakthrough" board in my closet somewhere to prove it.

Funny thing was, when it was My turn to "Break" through the 1 x 10 x 12" pine {symbolic Breakthrough} The board broke on my backswing. Kinda embarassing for Me as I studied martial arts {tkd} in Korea and was looking forward to bustin it with 2 fingers.

Oh Well, another sidenote that makes me an individual.
  • #25
  • Last Post: Apr 13, 2007 3:24pm Apr 13, 2007 3:24pm
Quoting Bemac
Anthony Robbins done nothing more for you than awaken you to the reality that your life is yours. do with it as you please.

Been there, done that and got the "Breakthrough" board in my closet somewhere to prove it.

Funny thing was, when it was My turn to "Break" through the 1 x 10 x 12" pine {symbolic Breakthrough} The board broke on my backswing. Kinda embarassing for Me as I studied martial arts {tkd} in Korea and was looking forward to bustin it with 2 fingers.

Oh Well, another sidenote that makes me an individual.
You are right!
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