Simple's Green Room

[pennies2007]

I like your perspective git.

I lightened my load a bit before the Friday session close so I'm good right now. Plenty of margin left to go.

The chart is so oversold I can't really see much more downside to it without some kind of bounce first.

I've been down MUCH further on the Beast. I guess I'm so antsy this time because it's real money...LOL!

That's what happened to me on E/U the other day. I've learned that if I average down at the technical bottom and ride it out, it almost always comes back, at least to within a reasonable level. I got spooked and bailed with a $170 loss on my E/U longs when I could have held and actually come out with a few dollars to the good when it bounced the next day.

That's what's so crazy about trading. We all know the rules because we've done it so much. But it seems like we get these crazy urges to violate the rules to make the big kill.

I've got to get me an extra infusion of that "ice water" in my trading veins...LOL!