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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Matt and steve I think you
Steve and I are thinging about just removing all shorts ...
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.