Scott; just take my word for it, DCBs are really risky in a down
market. VERY RISKY..the bounce if any is always smaller,
and one miss can clean you out of several wins and then some,
DBCs are for after the market starts up, buck that trend and
you may win a few but in the long run you will wind up in the poor house. IT's a rule I will not break, no DCBs if the market is
trending down, you need to learn it and get some disipline into
your trading style. Week before DBCs were showing some life,
and I had some hope for them. But this week it went right back
to were it has been since OCT.
Don't let a few lucky hits teach and re-inforce bad trading habits,
check back over time and see why this thread died. Over 90%
of the DBCs players lost thier shirt, their pants , and even
their underware, they couldn't stop when they were ahead
and should have. Again don't let your ego or emotions cause
you to try to pick single cases that will buck the trend of
the market..it's a sure way to ruin in the long run.
In this market you can do much better if you develope "shorting"
skills, why waste time on the DBCs. they at best offer very
limited gains. Time you take off comish., and the MM spread
you can get eat up slowly even if your right 80% of the time.
and like I say "one" wrong call and all the profit is gone,
if not more. This thread went dead for a reason, tell you
what do some serches on SI and look at dead theads vs live
ones, and figure it out.
Jim
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