It's been a long time I've not posted here but the markets have lately kept me pretty busy, what a volatility my Fellow Traders! What an action! To adapt a quote from "The Good, the Bad and the Ugly": when you have to trade, trade! Don't blog...
In the case you were wondering : YES ! I'm still alive! Stayin' alive stayin' alive despite the fact that I was trading heavily on the DAX with a leveraged long position I initiated at around 5800 that I pyramided 5 times on the way up and I held to 6300. Stayin' alive stayin' despite also the fact that I was dead wrong on my view on the Euro sovereign debt crisis notably believing the Germans would understand that's not Greece that they are asked to bailout but themselves. A much less important detail given the current environment that killed more than one bull (after the 1000 points drop story, the way of the Dow from 10600 down to 9900 is now cleared of any stop loss and full of the shirts of guys that met their margin calls there) : I banked a consequent profit.
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