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I don't think I want to buy unless the SPX hits non-above 4200. At 4500, I didn't believe it could collapse to 4300 and it did. So, now I wonder...
At the SPX 4240 level, I don't know what's likely to happen--it could collapse to 4170 or 4180 or it could rally from this point forward. But,...
Of course, wanting the SPX to collapse again so that I can re-enter long at a meaningful level given the current price action
I Wow, a collapse to around 4215. Too much. I exited just now totally. I managed the trade and am basically at break even. So, time to start...
You didn't explain your understanding of the concept, but I see your point
I keep hearing about this "3 days rule" but I don't know what that means
My theory says that I could still exit the SPX 4430 position at least at break even--I'll have to watch the price action to determine exactly what...
I'm in my first long position at SPX 4430
I exited at SPX 4440. I prefer risk management and profit taking
I entered my first long entry at SPX 4425...I don't care which way it goes...up and i profit...collapses, I can add more
double post
Since I'm all out, I'd like the SPX to crash as much as possible for a nice long entry
I entered long on Friday at SPX 4450. This morning Monday, I exited, for profit taking and risk management at 4460.
Yeah, it's always difficult what to to do when an uncertainty arises due to a catalyst everyone acknowledges. I used to think it was all BS. But,...
I don't know exactly how SPX 4200 became such a fixed resistance level.
Plus, there might be a really nice opportunity for a long if there's a significant collapse due to the the debt ceiling issue
It's always possible that the SPX goes up to 4200...but I'd rather manage risk and go for the "sure thing"--always more and better opportunities later
I entered yesterday at SPX 4110 and exited this morning at 4140. Profit taking and risk management in this range bound era
Ok. Exited this morning on the rally at SPX 4129 for profit taking and risk management. All time high for my account. It's better to just work...
I entered a long position at SPX 4110 when it collapsed at the end of the day. I am prepared to add to that position, if it collapses more. But,...
