Search results

To the OP (if he is still paying attention to this thread). True I am only 17 years old but I feel that I can add some value to this thread. This thread really got to me. As my dad is in his mid fifties and a fairly successful trader. First forget about day trading. It imo is for...

Thanks for the reply. I do however think that corn has the weather already priced in however the anti ethanol was not something I thought about.......good point though. The spread benifits in a bullish or no move? I thought with it being a put ratio spread it would benifit in a bearish or...

I want to start selling vol in sep or dec corn futures. Implied is currently around 45 right now and that is near the upper end of historical ranges. I am thinking about purchasing a Sep 6.20/5.30 p 1x2 ratio spread. Correct me if im wrong but the greeks for this spread should be the...

Got out of my 10yr longs Friday for a 2 tick gain lol! Number was no good and options business in the pit was not too bullish so I dumped em. Im debating on what to do next (I have a short bias). Did not buy spooz Friday but wish I would of. A break above Friday's high sets us up for a...

Thanks buddy. Yeah I have pretty much given up on my intra day trading. I just can't make a dollar when im trading intra day! I finally realized that day trading just wasn't the path I should go down. In my opinion position trading is where its at man. How many successful traders do you...

It really depends on the situation to be honest. Like with the gold......it might of been a little too much leverage for my account but normally I will usually feel things out with 1 or 2 contracts and then add more as I see fit.

I did sell 2 oct/dec hog spreads yesterday at -2.00 I like this trade a lot and expect it to be a nice winner. Covered my gold at 860. $9460 profit there. Finally after taking a 3k beating im getting paid :D Still got my 2 longs in the 10yr. Im thinking about buying spooz...

Appears as though treasuries found a little resistance today. I expect weakness tomorrow also. However I will continue to hold on to my longs in the 10yr until we have broken below that 5 day low that we bottomed on (I expect that to hold well). As far as options go......it seems like paper...

Surdo Deffinantly agree with you about spooz....it took a massive dump at 1400 and looks like its given up the ghost for now. I bought 2 10yrs at 115.16 yesterday. We bottomed on some pretty heavy volume and we are making some new highs on top of that bottom so I think we are good for a...

Well for today Im looking at selling oct/dec hogs. Just a good all around play here for a few bucks. Fundamentals look good and it also doesn't look to bad on a chart. We'll just have to see what happens I guess. No changes in gold or treasuries. I think im forgetting something..........

jasonleonard Yeah those pits aren't even close to what they used to be (except probably options). However I still would give anything in the world to work on that floor. It would be by far the greatest job anybody could ever have.....even if it only pays $500 a week lol! Yeah your right...

Yeah this seems to be the case across north america. It has you thinking about hog spreads doesn't it? I mean I think selling either july or auggie against oct or dec is a pretty good trade....I might actually put on a few for myself. Not much went on today. I just was lucky enough to get...

Well guys it was a great trip to Chicago and I learned a bunch. The pits were cool to see (they always are) but I noticed especially in the grain pits that its a bit thin in there now a days. Options pits were really rocking though and so was spooz. Anyway out of my cattle shorts at 92.50...

Stopped out of my hogs at 75. $2000 loss there. I just don't believe these hogs! I actually thought about trying to get short again at 76 right after I got stopped out and looking back I could have got short right at the high again! Watch piggies tank from here lol. I should of sold more...

invertedCurve Your my idol!!! :D

Sorry for not getting back to you guys yesterday. Im heading to Chicago Friday and just had to spend some time getting things in order (im always way too busy when I go there). I did manage to sell 5 contracts of june hogs yesterday at the high of 74......im not always that lucky at guessing...

I want to get long ZN on a break above 116.18 I just feel that this market is not through yet and should still keep a decent bid until summertime. A break above 1398 and im interested in getting long es. Im not interested in shorting it until we break through that trendline. I like...

Rtrader2525 Interesting man, you are master of the hogs :D We will just have to see how it plays out. I think im going to try to get short some piggies tomorrow around today's close.

Pabst and BigBrent Thanks for the support and encouragment. Intra day trading is all right and im doing it a lot better than in the past but to be honest my position trading is still by far my cash cow and probably always will be. I guess intra day trading just gives me something to do...

Es is starting to back off a little. Its still possible that we could make a run to break the 1400 level but the odds of that happening fairly soon are dwindling fast. If we can start to trade lower tomorrow with any conviction I will look to possibly get short that market. Im also thinking...