MURICO.com Forum

Re: Gotta love this volatility DH-----

it's sure good for fishing. I have to agree that bank account growth fails to happen without taking some risk and making some choices. I'm frequently lecturing to my clients-----the worst choice is No Choice but if you don't have a plan for managing your trade risk, then No Choice becomes your Best Choice. So many don't understand that until their Bank Account has disappeared.

My plan for the South lines worked better than expected, a pair of line set @ 58.47 had a 50/50 chance of being hit but I figured the lines @ 57.75 had little to no chance of a nibble and would probably be suckers if hit. These types of surprises is what makes fishing so much fun. I shoulda, woulda, coulda had another pair of lines @ 57.27 but believing the 57.75 lines had little chance and would probably be non performers, I quickly decided to see how the first hour played out. Just goes to show how poor my guessing ability is.

Once again the Fishing Mechanics provided another nice group of deposits @ 57.90, 57.50, 57.35 before I had a chance to make Damage Control adjustments. I didn't even have to deal with a round of anxiety except with my final deposit @ 56.95 which had me thinking about tighter Damage Control for awhile. Satisfied my Fishing Addiction for the day-----now I can turn my attention to other responsibilities-----mainly the corn market and a BIG list of phone calls to make.

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Re: Gotta love this volatility DH-----
Re: The final Purchase Index for - - -