shillllihs 6,047 posts msg #131017 - Ignore shillllihs |
9/9/2016 1:47:31 PM
Yeah it's very difficult to stick to rules especially when swing trading, having to wait weeks or months,
to finally enter a trade, and maybe even more difficult to hold your position until exit!
You waited months now you will wait several more weeks all the while at risk of riding it back down.
You will be tempted to bail on every gyration because you know it will be happening, especially with this big move that's coming. This could leave a trader devasted.
What would you do? Ride it all out or exit slowly, and at what intervals?
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shillllihs 6,047 posts msg #131024 - Ignore shillllihs modified |
9/9/2016 3:15:43 PM
Well that was fun, wiped out all my losses and with this rather large position I hold, I am way green...
They did their best to shake me out but I resisted.
VelocityShares Daily 2x VIX
23.47 +4.85(+26.05%) NYSEArca - As of 3:12PM EDT
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Mactheriverrat 3,158 posts msg #131025 - Ignore Mactheriverrat |
9/9/2016 3:23:08 PM
Looks like being Bullish has all but gone. Its was fast. SPY gapped down and correction is on. Stocks can reset.
Like a trader posted on another site.
1. Wash.
2. Rinse.
3. Repeat.
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shillllihs 6,047 posts msg #131027 - Ignore shillllihs modified |
9/9/2016 3:28:14 PM
This is another reason I jumped in a bit early, prior history shows that when it moves,
(assuming this is the big move) it happens fast and lasts about 11 trading days.
And in the end, it won't matter if I make 200% or 220%
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shillllihs 6,047 posts msg #131033 - Ignore shillllihs |
9/9/2016 6:31:38 PM
I shed 1 tear for all the myriads of Hard Earned Cash that has been lost by the proletariat on Stock Fetcher.
You know who you are. No wonder emotions were in abundance today...
😰😱😡
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shillllihs 6,047 posts msg #131035 - Ignore shillllihs |
9/9/2016 8:09:09 PM
Ok, now that the markets are closed, I can confidentially let you know that, Monday will be Black Monday
And the Spy will lose 20%.
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shillllihs 6,047 posts msg #131037 - Ignore shillllihs |
9/9/2016 8:14:25 PM
That's SPY down 20% over the next several days. Have a great weekend.
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Mactheriverrat 3,158 posts msg #131042 - Ignore Mactheriverrat modified |
9/9/2016 10:30:59 PM
Black Monday LOL! Oh stop!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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shillllihs 6,047 posts msg #131044 - Ignore shillllihs |
9/9/2016 10:52:45 PM
Yes Mac, oh yes. BLACK MONDAY!!!
😿🙀😷👿💩👺🙀🚑
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Mactheriverrat 3,158 posts msg #131045 - Ignore Mactheriverrat |
9/9/2016 11:15:02 PM
Oh I'm sure it blow right past 210
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