Patience is everything...unless you are happy with getting stopped out. :-) I don't use stops unless it is a mental stop like I used on my SPY trade on Fri. My SPY calls actually doubled a second time but I ended up settling for 50%. I did time the first exit by "intuition" though. That works much better than stops for me anyway. Stops are for people who have no confidence in their trade. If you aren't confident in the trade don't make it...just that simple.
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I got stopped out with a profit. What's so wrong about that?
LOL You were short the SPY into the open according to you. Just "wingin it" basically...according to your tutorial last night anyway. No waaay you were stopped out with a gain. No way...no how.
I got stopped out in the overnight after market action. I was flat going into the open
That's more like it. Because the "fact" is that you said you went short just prior to the close at appx the 1:17 mark of this spew.
https://steemit.com/investments/@dankh/eod-market-update-spx500-8292017
No need to disclose this to your followers. Remember, EVERY mistake can be rectified with a "behind the scenes" trade that is a sure fire winner. Btw, you just got stopped out of your new SPY short...but shhhh...I won't tell anyone. :-)
LOL, yes, my stop was at 55.3
but my trade book does show a $550 loss on that winging-it trade
Why don't you post a "live" trade here so we can watch you in action? ...gulp! :O >>> :-)
Because it's against the law
but I would not expect you to know that
Oh, I'm very careful with my trades. I was audited when I was still an amateur. I won't even go near a SPY short until after Sept expiry whilst I wait for the loss from a SPY short for Aug expiry to clear. The good news is that there is always some alternative tho. :-)