MURICO.com Forum

Re: Well Spike, I threw my----

fishing lines out before the open, pair of north lines @ 63.15 and a pair of south lines @ 61.70 and waited for direction. I was sidetracked with some cattle trades and missed my first 60 minute closing clue to grab a short on the break of 62.35 but figured it would probably be a sucker anyway to bounce off of 62.00. Then I made what could/should have been a costly error, when I threw another pair of additional sell lines out @ 61.37 with a 60.95 Deposit Order when my dinner bell rang for the 61.70 shorts with 62.15 Damage control and a 61.20 Deposit Order. I had everything in place for my time & price momentums to play out by the end of the third hour, which was a foolishly courageous assumption on my part. Hey, the setup was textbook but still a foolish assumption.

I didn't plan on being distracted by other markets, calls or losing track of time but I did-------PANIC slapped me in the face when the Dinner Bell rang for my second pair of shorts but no deposit on my first pair. I have a lot of anxiety with that much risk on the table that late in the day. For a few minutes my Anxiety Meter was Redlined. Normally I cancel a lot of orders at the start of the last hour. Normally I don't lose track of time and when I do it usually costs me. Must of been my Lucky Day. Next time that kind of foolishness, I'm due for a Bloody Beating.

Messages In This Thread

The CME Lean Hog Index component on the kill for -
Re: The CME Lean Hog Index component on the kill f
Re: Spike, I'm expecting similar-----
Re: Spike, I'm expecting similar-----
Re: Spike, I'm expecting similar-----
Re: Spike, I'm expecting similar-----
Re: Spike, I'm expecting similar-----
Re: Well Spike, I threw my----
Re: The CME Lean Hog Index component on the kill f
Good Morning, Greg, and thanks for being - - -
Re: Good Morning, Greg, and thanks for being - -
Yes, - - -
Re: Yes, - - -
I'll sell you those puts, Tim.
Just tell me when you are going to - - -
Re: Tim, I'm slow in responding---
Re: Tim, I'm slow in responding---
Re: Tim, I'm a former-----
Re: Tim, I'm a former-----