You entered into a trade, and the price stall. Now what?

NexusFi · 2010-10-05T12:13:29-04:00

Would you mind elaborating on this? It makes no sense to me what you're saying. Actually, it sounds contradictory to me. As far as I understood the setup was: You entered a position, because you expected a strong move in a direction. But instead moving strongly in your direction the market stays in a tightening envelope. So you have three possible plans of action. a.) get out of the position and look for something else. b.) keep the position and may be it breaks out in your direction or your …

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Updated October 5, 2010

You entered into a trade, and the price stall. Now what?

October 5th, 2010, 12:13 PM	#11 (permalink)
cw30000 new york Elite Member Experience: Beginner Platform: SC, NT Trading: CL, GC Posts: 206 since Sep 2009 Thanks Given: 99 Thanks Received: 113	Thanks all for response. After thinking about it for a day and looking at price and some historical charts, I am in agreement Myshkin. It really should depends on the strategy.