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发表于 2013-5-22 06:43 PM
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本帖最后由 greenback 于 2013-5-22 08:53 PM 编辑
Okay a recap first ... We are all cash in the trading account as I mentioned in the morning. Of course we are prepared with any upside movement with our buy stop above the new high.
The principle of our trend following is to ignore small waves while stay with the big one. The all-cash position was a result of "trailing stop or sell at new high" with "stop buy to follow up". This is meant to minimize the draw down of the account, and does not imply a bearish view of the market.
The overall trend is apparently up, so we won't short the market. Also the S/R at Thur's low still hold, so we'll wait for tomorrow to adjust any position in the portfolio if necessary.
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