Steve and I are thinging about just removing all shorts from the
Watch List, it's too hard to manage in this environment, personally
steve and I we would have been out of all of them this morning but
we keep you swing trade folks in mind and try to keep trades on for
as long as possible, however this market isn't for swing
trades. I'm moving them to the completed trades list either
tonight or I might wait till the morning to see how things play
out, not sure yet. Also I'm not sure what percentages I'll
give them since everyone did them differently and theoretically
1/2 or mostwere
sold, but really that doesn't matter, percentages for many of these
trades are different for everyone, but they should not have been
losing trades for anyone. I'm still in the mind set that the
market will probably ultimately go lower eventually but that
doesn't mean it can't bounce pretty good first. Steve and I spend
too many hrs each night trying to manage these positions
Posted by rreynolds on 19th of Sep 2008 at 12:30 am
Why don't you treat the watch list like you'll would trade it,
if you get a trigger mark it when you would enter the trade same
for the exit otherwise the % gain/loss are meaningless and somewhat
misleading IMO.
Posted by gift1999 on 18th of Sep 2008 at 06:29 pm
Matt and steve
I think you guys did the right thing in suggesting to get into
the shorts and you guys kept on insisting how important it is to
lock profits as the time goes by.
And one of the most important reasons to lock profits would be
the spiking VIX. It is just ridiculous to keep holding on to
profitable trades ...that is called Greed.
Not to mention that you clearly mentioned about moving stops
higher. If someone loses money by not keeping stops that is really
their problem.
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Steve and I are thinging
Posted by matt on 18th of Sep 2008 at 06:18 pm
Steve and I are thinging about just removing all shorts from the Watch List, it's too hard to manage in this environment, personally steve and I we would have been out of all of them this morning but we keep you swing trade folks in mind and try to keep trades on for as long as possible, however this market isn't for swing trades. I'm moving them to the completed trades list either tonight or I might wait till the morning to see how things play out, not sure yet. Also I'm not sure what percentages I'll give them since everyone did them differently and theoretically 1/2 or mostwere sold, but really that doesn't matter, percentages for many of these trades are different for everyone, but they should not have been losing trades for anyone. I'm still in the mind set that the market will probably ultimately go lower eventually but that doesn't mean it can't bounce pretty good first. Steve and I spend too many hrs each night trying to manage these positions
Why don't you treat the
Posted by rreynolds on 19th of Sep 2008 at 12:30 am
Why don't you treat the watch list like you'll would trade it, if you get a trigger mark it when you would enter the trade same for the exit otherwise the % gain/loss are meaningless and somewhat misleading IMO.
Matt & Steve, Understand and that
Posted by cspirit on 18th of Sep 2008 at 08:12 pm
Matt & Steve,
Understand and that make since. Might as well have TV on and watch Goverment ( I mean CNBC folks) move the market.
Chris
Matt and steve I think you
Posted by gift1999 on 18th of Sep 2008 at 06:29 pm
Matt and steve
I think you guys did the right thing in suggesting to get into the shorts and you guys kept on insisting how important it is to lock profits as the time goes by.
And one of the most important reasons to lock profits would be the spiking VIX. It is just ridiculous to keep holding on to profitable trades ...that is called Greed.
Not to mention that you clearly mentioned about moving stops higher. If someone loses money by not keeping stops that is really their problem.