Just an update, on my "egg in my face" challenge.
Today I made my 100th call in the room since January 1. 102 to be exact. Out of 102 calls, I called stops on only 6 calls that would have lost money. However, if on those 6 calls, had one averaged down, and not stopped out. 3 of those calls would have been in the money by the end of day or following day, example: One of those calls were made this week MANH, called at 25.30, stopped out at 24.95, the stock rallied to 29 the next day. Another made this week was IMCL called on a short covering rally this week at 15.45, stopped out at 15.30, the stock ran to 20 with in a 3 days of the call.
Out of 102 calls made in the room, 96 were in the money, many up several pts. The majority of them longs, with a few shorts thrown in for good measure.
How is your record? Is it better then mine?
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Not so good?
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CU there
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