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19/02/21
16:36
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Originally posted by SentryBox77:
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Sincerely sorry to hear that, losing money sucks - I know because I do it fairly regularly. I woke up this morning, checked the markets and honestly thought I was in for a great day - been working a short position that was a bit oversize for my liking as at the close yesterday. Then that fkr of a report from MST ruined my plans in a big way - found myself averaging into an even worse position and was very close to throwing it in when it was threatening to make a new ATH. Literally bought most of them back just below my B/E near the close - very lucky considering, not good trading from me. I did buy those Puts though, so that probably a better way for me to have a short - particularly with the ensuing craziness that's likely at a few seconds past the open next Thursday - I can't go into that with an open short and unlimited losses at risk.
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Thanks mate. This is a good example of how the big players make money. I was long and you were short yet neither of us made money! I will be on the sidelines next week. Too much volatility.