Recent content by danp01851

That came out at 9:47am. Price didn't accelerate upwards until 9:55am.

And what are they going to do, print more money? That's partially why we're in this mess in the first place. The game is over.

stopped out at what will probably be the bottom. Tomorrow should be fun with the Fed meeting. Too bad Bernanke isn't giving a press conference.

If that is true we should start a new journal thread that is not owned by anyone.

long 1148.75 stop: 1128 target: at least 1170

LOL. A 23.5 point stop in this volatile environment is not going to hold for several days. Buy1Sell2, just because you started this thread does not mean you get the right to harass everyone who does not trade like you.

I can't answer the poll because I have never blown up but I am not making good money now. Last year I made a tiny profit (6% for the year) trading futures only and the 4 years before that I lost money trading various things.

Bah I got the same solution and I only read the original post. $37.50 is the right first bet, and I also solved it by building a tree. I solved it in about 25 minutes. I wonder how much time people were given to solve it in the interview ??

looks like you got stopped out at the bottom. doh! CL/QM just love numbers like 75.5, 76, 77, etc. I never put stops on those numbers.

Yeah the 4-week bill announcement really has the potential to move the markets !! I think you are getting confused with the positive data that came out at 10am and has caused everything to spike up.

romik, can you quit with the Paper Trade garbage? People are here to post their thoughts on trading ES, and if someone doesn't post their trades exactly as you would like, so what? This isn't a competition.

I went long at 666.50 in the futures thinking it would be really cool if the final low was 666. $SPX low today is 666.79, theory is holding so far!

I was long 1 QM overnight and set a limit sell at $45.20 figuring if it breaks $45 it would spike up to around that high taking out shorties' stops. Whattya know I wake up and find out I sold the high price of the day. booyah!

Any reason why you traded 2 QM contracts instead of 1 CL contract? Much less slippage and more volume on the CL.

ransquawk just reported there are rumors going around about an emergency rate cut today, which might be the cause of the spike in the markets. Also a rumor about Goldman buying Lehman for $11.50 a share.