Search results

Did you have a position on?

State technicals please. We broke the low of current range on daily. One could argue we are still in trading range. I look at price action on daily since 9/20 high as bearish.

Well said. Thing is, trend traders will preach how much easier it is to just trade the trend. They key is preach. I never see them post actual trades.

Seriously JoshDance, not everyone trades with the current direction. Why do you fault those that do? I don't get it. You sound just like a guy I know that talks about how easy it is to trade with the trend and how everyone should do it yet when it comes down to it, he doesn't take the trades...

Well that was an expensive round of golf. 2 contracts short overnight, 2 1155 weekly calls short... -8pts on the day, not bad although was +20pts before going golfing. Tomorrow = new day, fresh start. Jobs number will definitely move the market. Funny how market closed right at/below...

It is not healthy to do 7 hours / day. I guess it all depends on your time frame and tolerance for risk. I personally trade some, hold some based on longer term trends.

ugh, i go and get a haircut and come back to 50s! btw, cancelled my 49.5s and offering 56s one contract. will put me at 3 total. overall market still on continued downtrend so i will hold all 3 and continue to work the position for next slide. good luck all, heading out for golf in the...

It's all about controlling your risk. Those that blow their accounts out in 2 days have no business trading. I'll put money on it that they do not have rules.

Like I said, if you have a rules, it works out. I work positions, I don't just blindly add and hold until I am about ready to puke.

u have to trade a system. be mechanical

because you can make money in either direction...there is not one way to trade

now offering up only 2 at 49.5...any takers?

covered 2 at 41, +4....2 left for the big dump :D

Perfect contrarian indicator...now i am convinced

i have another 4 offered at hod...any takers

:D

and another at 45

added another at at 43

short 1 at 37 and 1 at 40

out +4