MURICO.com Forum

Re: My R&E for my hedgers-----

left me no other choice but to reset their shorts that had been liquidated when it broke below 63.00 on Thursday. Many times these quick resets come back to haunt me when the break of a support area fails to follow through. I have certain Rules of Engagement (R&E) for my hedgers and another set of R&E for myself and other specs, they are similar but different since I can give hedgers wider ranges of breathing room, dependent on where their entries are located in the current range.

Anyway, now that we are at the next potential support area 61.00-62.00, I'm getting the urge to deposit the those reset trades. Another day or two and the urge to scratch that itch will be too strong to ignore.

Messages In This Thread

The final Purchase Index will be late - - -
Re: My R&E for my hedgers-----
Re: My R&E for my hedgers-----