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kiy

11/28/12 11:49 PM

#4133 RE: ziko #4128

I don't know...
I had too many distractions going on today...bunch of outside issues working on which may take me away from so much short term trading...dealing with lawyers all day putting together a business deal...
I didn't like the sells I made earlier and then missed one sell which I thought I already had placed an order...then I was just re-loading having not decided on long...yet...not watching signals...That's why I said ...don't do this at home because I knew I was early...and that order I missed may have messed up my track record if today's low was significant...?...that was a very nice reversal...
Long term holdings take time and often I miss a lot of trades there also and just will wait for another cycle...short the Index is a natural hedge.
The way I've got it set up right now...IF i decided long is better I have enough profit in a few of the shorts to more than off set shorts that I miss to trade out of or leave as a sign post knowing an option play can be done to off set a loss there if decide to take it...I'm almost willing to stay short on up to 1425=is where I traded out of thinking re-loads could happen....but...I will not like it as price trades above 1410...for now I'd rather it didn't...
Been doing this too long not to have some plans ready...