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Old 12-13-2022, 12:28 PM   #172
PaceAdvantage
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Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,640
Here's an interesting tale...

So my automatic system went long ES @ 4046.75 at around 7:30 this morning...with a 6 point stop at 4040.75

You all can look at a chart and see what happened next. Futures shot up to 4180 and have since given it all back and then some, and I got stopped out for a 6 point loss on a trade that was up almost 140 points at one time. That's a lot of money to make and then give right back in about 3 hours time.

At around 9:40 I got a signal to go short RTY...but I DECIDED NOT TO TAKE IT because I was long ES and it was up BIG TIME

Now I am kicking myself in the ass as hard as I ever have...not only could I have hedged some of the gains in ES by going short RTY, I would be up about 40 pts in a short that has the potential to be HUGE...

I think I'm going to be sick actually...

If you have a plan AND IT'S WORKING, NEVER IGNORE A VALID SIGNAL

EVER

IDIOT
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Last edited by PaceAdvantage; 12-13-2022 at 12:30 PM.
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