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Short 4410 SL 4426 PT 4390

Actually, ESM3 (June contract) and ESU3 (September contract) are one and the same instrument. You're just opening two different positions. But as I've stated previously, unless you're trading the last 2 weeks before the contract rolls over, when both contracts are actively traded, it wouldn't...

Obviously a clarification is needed. Yes, you can trade the back months, not just for the next quarterly but even further out. However, you're looking at very thin volume, and as such, the spread would be insanely wide. So going back to the initial discussion about "offsetting" the same trade...

1. Name a broker 2. For the most part, only the front month can be traded for ES. Only time you can trade the dated futures is in the final 2 weeks before the rollover. I long ES and short NQ sometimes, but offsetting the same instrument is pretty counterintuitive. Anyway, to each his own.

What??? Unless you have two trading accounts, this ain't possible. When you buy and then subsequently sell, it will just simply close your trade. But then as @Robert Morse already stated, why the hell would you even do this? You'll only rack up commissions.

First of all, these are "day trading" margins. Hence, you can't hold your position overnight. If you don't close out your trade before the close, it will be force liquidated (for which you will also need to pay for). Second, any time your account drops below the minimum account threshold (which...

Yup, I got crapped on last night (again) and now I'm short. Will flip again at either 26.6K or 24.4K.

Okay, took another potshot at LONG @ 26530 Will flip to SHORT at either 27200 or 25950

Well kinda. The "cup" is debatable depending on how you look at it. Anyway, like you said previously, buy the dip and sell the rip. That's the most sane strategy IMO.

Short 4269 Stop 4281

I just checked in and saw that my stop was hit @ 26.3K. I really dunno what to say. Is my original call that BTC will dive to 23K correct? Maybe. But this bitch has been shaking me out so many times in the process, I plan to sit out and just watch.

As BTC was trading at around 28.3K last night, I placed an order to reverse at 27.5K, and sure enough it came back down close to my stop but, unlucky SOB that I am, it reversed just shy of 10 ticks from my stop. By the time I checked in today, it was already rocking at 27.7K, so that's where I...

Prescient! Dude, sell me your crystal ball. :D Not that it's important, but I did add another batch of short @ 26.5K a few hours ago.

Isn't this what quants do, day in and day out? They use statistical model for their algos, which is pretty much all math-driven.

Well, ES and MES don't exactly move in synch tick by tick Damn, that Overnight dude beat me by a tick :D

Paltering ain't really about telling THE TRUTH. It's half-lie covered with misinformation to make it seem like truth in that particular circumstance. De we palter here on ET? No we're all brain dead idiots to begin with, so we can't think that deep to cover our lies.

LOL, you crack me up. That's exactly what I thought UNTIL the moment these idiots actually bulldozed the capitol.

It all comes down to fear and greed, pure and simple. However, of the two, fear is more powerful. Hence the saying the market takes the stairs up but the elevator down. Psychologists have shown that normal people do whacky things in fearful situations. Investors and traders are no different...

Oh great. So should the price go against you, it's the "fundamental factors". Sneaky you. :D

Is that the best excuse you can come up with? Surely, you could have done better. :sneaky: Fine, being such a smart dude that you are, why don't you tell me where this instrument will be in the next 3 months. Is it going up or down from today's price? BTW I ain't picking on you out of boredom...