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05/12/10 11:28 AM

#651041 RE: Smart_Money #651040

"Smart"--No joking--sometimes I'll fade myself....

Occasionally, if I very pig-headedly think that "I'm right" (as self-observation has taught me that I am oftentimes early)... and have already established a sizeable position....I'll then take on a SMALLER opposite (hedging) position. (In other words: this is sort of a "short-term wrong"..... but "longer-term right" thinking.)

Presto--one can then many times trade-out of BOTH sides with a profit on each side....

I do this a LOT with my UCO's and SCO's trading. It's very possible.....with some patience and discipline......to make BOTH opposing sides pay off.