Anyone felled for those shakeouts and scare tactics today.
Shorts or Longs -- did you bail out? --If so let me know what was your stop or a panic threshold?
- I have nothing against anybody's trading skills, systems, and strategies
This is pure research that could help many straggling traders We all can learn from our as well as from others mistakes.
however I had a "gut feeling" that ES should have a huge spike up in a near time before the real downward move. So instead short I went Long from 1400.50
Since then the price moved to near 1425 today and I think this is a nice spike. Don't' you think?
However as soon as short term timers went bullish and most of them were on board after ES surpass 1420 I should exit.
However I did not reverse during the morning run because I got so greedy.
And, now I'm sitting on a much much less attractive position that may in few days become a looser.
- lesson learned: have a nice profit don't get greedy get flat.
You can always rejoin at the better price.
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