I still have time to wait for the best - Barron's Blog - General

Alexey Busygin 2015.04.14 06:50 #511

mmmoguschiy:
There's no hurry - I don't seem to be off schedule yet

Still landing makes you wait for the best! Why don't you cut your losses and start again?

Uncle Kolya will get his way anyway

Mr. Trillioner 2015.04.14 07:04 #512

Alexey:
Still landing makes you wait for the best! Why don't you cut your losses and start again?

Nah, it's no fun

We need to compete with Kolya with nuts.

Alexey Busygin 2015.04.14 07:58 #513

mmmoguschiy:
Nah, it's no fun that way. We'll have to compete with Kolyan with peanuts.

Which way are your positions?

Mr. Trillioner 2015.04.14 08:47 #514

papaklass:

There is one downside to over-hibernation: over-hibernation can last for several days and trading stops on those days. For intraday trading, this is a significant factor. That's why you need a golden middle ground. In some cases it is better to fix the loss and continue trading. When you try to make 10% a day, the losses are easily covered and you continue moving towards the target.

This overshooting is seriously knocking you off the chart! And the fact that it will not end up in a meeting with Uncle Kolya. :)

In some cases I close )). This case is a little different - the current situation is out of my forecast. If I had not exceeded the lot - I would have got away with it long ago. Now all I have to do is to sit and wait