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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: SE who wrote (15563)2/16/1999 11:00:00 AM
From: peter n matzke  Read Replies (2) | Respond to of 44573
 
i have not done anything yet today, and may not do anything at all since i have to leave in a few minutes.

the pattern so far suggests that the day may end with a low, or near a low, perhaps near 1242, there may be one more rally near 11:30-11:50
but unless there is a substantial change in the tick, down may be the trend this afternoon



To: SE who wrote (15563)2/16/1999 11:05:00 AM
From: Tom Trader  Respond to of 44573
 
I am in the same boat as you are -- so do I dare say it?

Heck I will

"I feel your pain"

To be honest, I could have handled the loss on the system trade without getting frazzled -- it sort of goes with the territory.

But the loss on the add-on short is rather more bothersome because I am not sure that I had a clearly defined plan when I entered the trade. Well such is life.

One thing that you can be sure of is that we have a big move coming in one direction or the other because this type of erratic rapid-fire buy and sell signals is a forewarning of something like that in the works. So one thing that you can be sure of is that I will take every signal in either direction -- hopefully, it will not chop me up too badly in the process.