Search results

I'd buy a $1,000,000 tulip. If I could sell it for $1,100,000.

The negative effect of insider selling supposedly takes place some 6 to 9 months down the road.

I'm still a newbie when it comes to the Dow e-mini, but the close of the YM and the close of the Dow is a difference of something like 40 points. I don't know the typical premium between the dow e-mini future and its cash, but for the ES its typically something like one or so points. I'm...

Here's another good Market Profile website: http://www.nqoos.com/marketprofilecurrent.htm His example:

If one traded the e-minis, one could hedge by going short in either YM or ES. You wouldn't benefit from a gap, but you'd at least be hedged against catastrophe and easily unwind from your position on Monday morning.

And the top calling continues. Here's a joke I just read about a perma-bear/short regarding today's "low" volume rally.

I believe the time frame in discussion was daytrading.

You're still comparing apples to oranges. Traders are not investors and while many investors delude themselves into believing that they are "active" traders (something to do with the "thrill", the "glamour", and the "freedom"), it is a world of difference. Do you really believe that those...

Last week, the Elite Traders 60% were bullish. Either already long or planning to buy weakness. We have the weakness but we don't have the rebound. So what do you guys think for this week? Will the "holiday effect" win out?

OK, not looking so hot. Let's see what happens this July 4th and whether or not we see the "holiday effect."

Does the IRS consider you a trader? or do you file as an average investor?

Futures are marked to market at the end of the day. Profits and Losses are very real, unlike equities.

I've noticed that during after hours trading, stops at the high/lows can be setoff resulting in a cascade of stop activations. That's still a lot of capital to push the illiquid after hours market and probably wouldn't be worth it. Of course, if all that is standing between you and a new low...

Amateurs took the open. Professionals took the close. Take a look at the most current COT report. Commercials just went short big time. All the small specs probably pushed it up on the light volume and the heavy hitters took it home. In other words, bull trap. A move can be made by lack of...

Partial sidenote: The majority of CTAs employ a trend following strategy. And the least popular futures to trade are the indices while bonds and currencies are the most popular amongst commodity pools.

IBB purchased at $67.60 as it showed good signs of a bounce from UVA and penetration of the POC. MVL starting to do a nice comeback, but still well below POC. Futures indices showing signs of strength after the selloff, but haven't established a swing position yet. Most are hovering below or...

I believe a series of 90% up days tends to be more significant than a series of 90% down days. I think the general rule of thumb is something like double 90% up happening within three months signals change in trend.

Executive decision, not stepping in front of this > 3 TRIN selloff until more support can be shown. May swing EOD long if TRIN closes 2.6+. Statistically speaking, such readings show oversold and high proabibilty of bounce.

Here's another history lesson for ya: One of the first stages of a bull market is skepticism, then recognition, then enthusiasm, then distribution, then horror. The bears doubt, get trampled by the bull and in turn fuel the bull by their short covering. Speculation becomes rampant and people...