Thursday, December 22, 2011

Do Not be greedy

And this during Santa's season as it is generally speaking.
In other words: when you see too much abundance, step back and think about it....

ES 1253.5 as I write

I will be shocked if they open next week above 1252-3 area


GL to all and Merry Christmas to everyone!
Posted by at

4 comments:

  1. chenThu Dec 22, 07:28:00 PM EST

    Pata, Great trades. You trade like real MM who accumulates at bottom when others are fearful and distributes along the way to the top when the crowd become greedy. I've learned a great deal from you and UI. thank you. Have a wonderful holiday season.

    ReplyDelete
  2. PataconFri Dec 23, 03:55:00 AM EST

    thanks for your kind words, I ve also learned a lot from UI. And position management is a very important part of trading.
    Happy holidays!

    ReplyDelete
  3. chanlengerFri Dec 23, 02:27:00 PM EST

    Great trading Pata! Merry Christmas!

    ReplyDelete
  4. chanlengerSat Dec 24, 01:17:00 PM EST

    also wise words, Pata. Even in trading, when someone wins, someone else is losing.
    I'm grateful to end the year positively, after being underwater for a few months.

    ReplyDelete

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