Posted by junkmaylbox on 3rd of Mar 2009 at 12:46 pm
No stops, I could be wrong with my timing. If the market goes
against me, I am going to reduce costs by selling low and buying
lower. FAS is too volatile to make a meaningful stop. Make sure you
use no margin, as it could go against you. I already lost 5% today
on trying to top pick SKF.
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FAS
SPX 15 min chart.pnghere's a 15 min SPX chart, there ...
Posted by junkmaylbox on 3rd of Mar 2009 at 12:46 pm
No stops, I could be wrong with my timing. If the market goes against me, I am going to reduce costs by selling low and buying lower. FAS is too volatile to make a meaningful stop. Make sure you use no margin, as it could go against you. I already lost 5% today on trying to top pick SKF.