Reactive daytraders with stops ...... aaaaaaghhhhhhh
Proactive olympian pivot wavetraders ..... gungho
Crusaders seeking the grail and fleece ....... hohum
Went to another new cfd seminar recently and one thing stuck out which I hadnt given much thought to. When u place a stoploss and its hit, the sell auto-continues down thru all levels of buy til its filled ...... ergo, explains everything since XJO listing day.
As Jim Sinclair said today ........
"If you have no margin position, you have no problem. If you do have a margin position you have not followed my pleas for your safety."
Zeus be thanked for the sea-worthiness of our Ark in stormy weather.
IMBOOC
todays summary
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