I'm not dumb / new Lawrence. I've never traded or looked into ETFs. I wanted to know these simple question instead of piling through a tonne of pds just to get a simple question answered. People show up here all the time with basic questions about futures and I am the same regarding ETFs...
Todays pattern was a roughly -7 drop followed by a return to the opening level.
It would have been a pretty sweet drop off resistance for support / resistance day traders.
Hey ETs.
As I'm sure with every1 I have some questions about stuff that comes up during trading.
I'm an option trader.
My first question is regarding ETFs, because there is so much SPY chatter here on ET including options.
Exactly what is the go with general trading? When you enter a trade...
U guys don't seem to understand....
By doing this it gives the OP / trader the option of adding more contracts, on both sides to the original hedge. So by doing this the original "fully hedged" trade can then have equal the amount of contracts added to it to make it more secure.
For eg: if...
Oh Steven you bet me to this thread :(.
Pretty exciting to hear that there is a Monday weekly option availavble. I just hope they do this with the Bund as well, however there isn't much traffic on the weekly bund options as is.
Ah well. Looks like I'l be trading more often now.
Thanks heaps...
u were very brave to enter a short position whilst the market was going up like that.o_O
I'm more of a go with the direction kinda person.
Brave but it worked. Congrats.
Thanks volente, from the title I kinda came under the impression that you thought this was going to be the top.
Like tophats thread where he tried to predict the top.... and failed.