Experimentation

[Trader Question]

1st experiment - stopped out even holding 930 it went to 933 + then out

2nd experiment - Long 928 at the PLCrest held to 933 +$5.00 maybe should of held longer - your right it takes getting use to (oops out early now 933.75)

I'll try my patience again if another good position sets up today

somewhat of a positive experience 1 for 2

DM

[pldot]

But you have the right idea... set the goal and learn to hold longer by progressive experiments. Sort of like learning how to hold your breath under water. Eventually you'll grow gills.

[Trader Question]

We are starting to come into the quarterly & Yearly numbers
I don't have "Future" numbers but using the S&P Index numbers The nearest support /resistance numbers are Quarterly 1-1 Hi 948
Yearly 1-1 Lo 934

Also a possible senario for the S&P on Monday is that it takes out the resistance and pushes up to the Monthly 6/1 696

DM

[pldot]

Yes, the monthly 6/1 is a possibility... and why?


Quarterly refresh...