Posted by chartboy on 18th of Aug 2011 at 02:28 pm
In a Black Swan event like we are in there is no technical
answer to your question. There is however a real world answer. That
is based on your personal answer to the question...Are
you good enough at trading around a position even when it goes
against you that you can justify assuming the added/risk reward of
trading in this type of market? If yes, cut your psotition size
down and trade away...If no, move to the sidelines and stay there
until the vix signals that volatility is on a steady decline.
In a Black Swan event
Predictions for 2morrow if we close LOD?
Posted by chartboy on 18th of Aug 2011 at 02:28 pm
In a Black Swan event like we are in there is no technical answer to your question. There is however a real world answer. That is based on your personal answer to the question...Are you good enough at trading around a position even when it goes against you that you can justify assuming the added/risk reward of trading in this type of market? If yes, cut your psotition size down and trade away...If no, move to the sidelines and stay there until the vix signals that volatility is on a steady decline.
C
Well stated chartboy
Posted by steve on 18th of Aug 2011 at 02:31 pm
Well stated chartboy