Yeah, it sounds like you're grateful for losing less money than you might have.

    sounds to me rtaylor is

    Posted by Michael on 7th of Aug 2011 at 10:24 pm

    sounds to me rtaylor is saying its nice to be in a trade and not be emotional about it.    that sounds right to me.  Nice post.

    Well, I just looked at

    Posted by algyros on 8th of Aug 2011 at 12:36 am

    Well, I just looked at the futures and I'm getting emotional.  Can't help it, evolution has made my nervous system respond that way to impending disaster.

    lol Algyros....

    Posted by marketguy on 8th of Aug 2011 at 08:38 am

    lol Algyros....

    we will see if anything changes by tomorrow in the AM, but it looks like it will be a very ugly open tomorrow.

    can we get a 5th entry (and 6th, ...)?

    Posted by pdani on 8th of Aug 2011 at 01:50 am

    looks like we might need one - has this ever happened before in all the backtesting? meaning, all you stats freaks out there, what was the largest drop down from a 4th entry? Mattt says above 10.04% - not sure exactly what it means, total drawdown of all entries using thr 40/20/20/20 rule - I am asking about the largest drop from the 4th entry? new record tomorrow? how long did it take to turn around and become a profit - apparently, they all did, but there's always a first time...? does anyone like the idea of increasing leverage with 2,3,4 entries any more e.g. 1=SPY, 2=SSO,3=UPRO, 4=options anymore or perhaps it should be the other way around? Yell

     

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