Search results

They gotta vary it up a little. BTFD is the new normal so now it might have to be BTFC. Drum up the bears with a real mini-crash then blow out chaser-shorts/window-jumpers even harder. If there's one thing that can be fairly safe doing here is simply shorting any highs seen - which is really...

BTW: One thing that comes to mind is that we're all of course trading breakouts in a way when it comes down to it. Everyone wants strong favorable moves away from their entry and closer to their PT (if any). What I interpreted from the original poster's idea of breakout trading was specifically...

MrN, what you should do is try for yourself and then have an opinion, IMO.

I guess we should also characterize trades. If I were to break down my trades into actual ideas and not putting the positions on themselves it'd probably be more like 3-6. I usually scale in/out so actual trades from a trade log are more.

About 20-50 here. 4-5 instruments (all futures).

They're advocating closing positions that pose significant gamma risk if I'm not mistaken.

Dude, I'm not disagreeing with some of your points - but it's already been pointed out that the way you're describing things is like a long-only buy-and-hold investor. Large amounts of people here don't even trade stocks - they trade futures, they go long and short, they don't depend on bull vs...

Surf you're doing it again. If everybody and their grandmother is planning to short this the second shares become available to borrow than you can guarantee how this is going to go.

Here's a footprint chart of the final squeeze back on 5/22: Good times. We all knew it was coming too.

Could be stage 2 of a nice H/S...

The "slowest tightening ever" followed by the fastest "welp, back to zero guys!" move once it comes to light that a: unemployment is a larger issue than reported, b: wages are crap, c: economically we're not as in good shape as thought. I don't feel bad about being hugely in cash right now...

The thing with TDA is I don't think they're doing a particularly bad job or anything its just the damn commissions that are an issue. Their margin relief for naked and spread positions is entirely reasonable (they even handle exchange traded spreads). Never had a big issue with executions (even...

You never know with this god awful market but since we're throwing predictions out there I'll go with 2080 in ES maybe by next week. QQQ I have a few 107-108 puts and some 110 weeklies. But that could all be turned on its head and it goes to 2200.

Oh, totally man. There's an entire upper class of useless rich idiots whose purpose in life seems to be siphoning off dollars from the hard work of others while actively participating in protecting said wealth from the dirty unwashed masses.

OAK BROOK, Ill.-- McDonald's CEO Steve Easterbrook told shareholders on Thursday that he was "incredibly proud" of the company's recent efforts to increase its workers pay as thousands of protesters calling for a $15 an hour minimum wage gathered outside the fast food company's headquarters...

Hah, are we talking like an oil storage type trade here? Actually trading in the physical underlying sounds pretty hard core. Do those loans take into account feed and care in addition to purchase?

Autodidact, I don't think there's any big top secret info here on the how's or whys of ranges. It's not even what holds traders back from exploiting the situation - its their own impatience that does that. Redneck I pretty much agree with you on all points about ranges being about positions...

Here's the only thing you need to know about that article: Source: Goldman Sachs

One could argue that that's what ranges are for - larger positioning before a breakout. If something were range trading for a week straight that'd actually be pretty nice. Who needs breakouts when you can just BLSH and SHBL over an over... in reality that isn't what happens.

Here's a followup on a CL trade I made around the time I was watching Brent and 6E last night: I had noticed Brent was already strongly recovering from the right down but CL wasn't (yet). Analyzed CL action and put on a long position with a reasonable target based on the previous session's...