SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : E-Mini Pit

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: the-phoenix who wrote (1836)2/27/2002 2:58:15 PM
From: Nemer  Read Replies (2) of 11288
 
SAR = close out the position ... no matter it be long OR short and go the OTHER way ...

for example ....
in my semi pos dealie I've posted about ...

before I had a chance to do anything AFTER moving the stoppper *(mistake there too .. moving it down .. I know better ...ggg)
anyway ...
I set up a SAR at that point .... 1110

automatic sell of TWO contracts there ...
effectively closing out the one contact long and putting me one contract short ...

my terminology for the SAR
is "sudden a$$ reverse" ...
to tell the truth, I've forgotten the exact meaning for which it stands ..but
all my brokers know what it means .....

"get me OUT and get me the OTHER side" ....gggg

so ..
as of right now ...
my semi pos dealie closed out the long from 1088 at 1110
and
has a new position short at 1110 with stopper *(NOT a SAR stopper this time, tho .. just a close out stopper) set at 1112 .....

which , btw ... I have now moved to 1109. insuring a wee bit of profit ...

sorry to be a tad late on the new post ....
but,
the door bell rang, and the fellow from the garage had delivered my old pickinuptruck ....
the radiator had to be replaced ...
and, as he was most likely on the clock .. I took him back to his shop ...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext