Retska"I think Moola can suggest what our -options- are in...

Retska

"I think Moola can suggest what our -options- are in avoiding getting our stops taken out."

I Don't use stops....I get more pissed off from getting stopped out only to watch it rise up again than I do losing MOOLA when the trade runs against me...

I prefer to catch a falling knife...doesn't always work...but it teaches you to get a much better idea of which way the price is heading......


With options...in very volitile times you can buy puts and calls and sell the one that runs against you and profit from the move of the other......There are a lot more technical ways you can trade options...but I like to keep it simple.....

I am happy with my current trades and have averaged down last couple of days.....When she bounces....I should be in the black with confidence.....

If she keeps going down......then we will ALL be in the red with NO confidence....