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Re: food4thought post# 4567

Tuesday, 08/09/2011 2:37:59 PM

Tuesday, August 09, 2011 2:37:59 PM

Post# of 19856
food4,
Nothing wrong with sitting it out. I've tried to make a few bucks trading dow mini futures. Big mistake so far. Even when I'm right, i get stopped out right before the big move in my direction. Today, you need a 50 point stop just to see if your move is right.

No, I've scalled back big time, just like GFP. I've been chasing SDS from the 40s. The minute I decide to sit on the sidelines, it turns around and is now bumping 27. It seems that no matter what I do, the market takes my money. They got machines to do it now, and they don't miss.
MF4

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