Yeah I noticed that while trading QQQ, you can trade the range for the first hour get 2-3 nice trades in, then take a loser as the range gets broken just to switch to the other side and enjoy the ride...
I used to work in the sports book industry. First as a clerk in wagering, after a few years I was managing one of the largest horse rooms in the industry...
Upside, good money for dong nearly nothing... working 15 minutes out of every hour, at the most, except maybe saturdays...
I looked at the NQ today nearly all day, I liked it much, {No SEC fees! great!} ended up grossing $-20 after 57 trades... Im gonna keep looking at it for some time, when I get +$100 for 3 days on sim mode then I´ll try it out live.
Lamborghini for me, or perhaps a Ferrari... there´s nothing like driving a work of art...the italians are in a league of their own when it comes to cars.
No body is arguing that US manufacturers arent capable of doing a great job. They are, no question there. The problem is that they can´t do it cheaply enough.
While having a few manufacturing plants based in the US might help the company, having most of it´s production based on the US will...
Yeah I hear that much of the volume for institutions is going through block trades in shadow books... such as pipeline, NYFIX, lava, etc... they are seeing it as an alternative to the specialist.
A risk free porfolio is like an honest politician... everybody wants one but there aint one...
The closest you can get to beign risk free, is having a beta neutral portfolio, and optimizing your performance against your risk... so you get the best payout for the risk you´re taking... but...
Well yes, if you go for only a 0.01 profit transaction costs eat you alive no matter how many contracts you buy.
I wouldn´t advice anyone to trade ES for less than a $2 {8 tick} profit... another good thing about the ES is that each tick is .25 like the old days {$12.5 per contract}...