Any good trader prepares for the possibility of the market going as they perceive as well as going the opposite way.
That's why we emphasize the use of stop losses here when initiating positions. You are thus only going to lose that which you have already allowed to be lost if the market goes against you.
I am not versed in the art of statistical analysis. The last sadistics exam I took I was legally drunk (as any good frat member would be <G>)because I hadn't a clue what I was doing, and I figured like Bobby Knight says, if rape is inevitible, relax and enjoy it.
I also didn't figure on getting the highest grade in the class on that exam, but that's probably chaos theory at work there, and that's an entirely different discussion.
Bottom line, I'm just sharing observations. I don't really make predictions. The only calls I make are the options I buy, and calls are rare lately <G>.
Good trading!
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