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I don't know what is going on in this thread, but "taking a trade when a system gives you signals" is prediction. You are predicting price will do one thing (as opposed to something else), otherwise you wouldn't have signals and you wouldn't listen to them.

As soon as I sell some options price is going to break out of this range. Selling two Feb covered calls @ $61. Gonna be like $60 bucks total after commission.

In fact, out of the S&P, Nasdaq, and Dow, the only one that has gone down at all during afterhours trading is the Nasdaq: edit - I accidentally cut the dates off on that image. That's a chart of the last 5 days with the current day being today, January 24th.

What are price drivers?

If you figure out how to do this, let me know! Would make trading easier. If you knew ahead of time how trendy it was going to be, you could trade with something as simple as MACD, and just stay out on the choppy days.

Looks like a big up day for the ES :confused:

Guys am I missing something? The only thing I see going down is NQ and maybe the ES a little bit. Dow looks fine.

1/23: QLD: $1,128

Might be a good time to sell some covered calls.

You get the point of what I was saying, though. As long as the majority of traders lose, and lose more than the few winners win, the firm is profitable.

Afterhours Nasdaq futures!

Is he doing the thing where he takes the opposite sides of their trades, and then the people who are "profitable" cause him to take a loss, but he can pay them with the winnings from the other trader's losing trades? So for example, that one guy makes $800k, which actually loses his company...

You're preaching to the choir, my friend.

Ever since that gap up it hasn't gone anywhere. Anyone making a killing selling options or buying $66.50 and selling $67?

1/17: QLD: $1,012 We broke out of the range for a little bit today but then price went right back in.

1/16: QLD: $906 Seems like it's in this range:

Oh man I saw the NQ futures going up last night and thought we would gap up today, but we gapped down instead.

1/11: QLD: $1,038

1/10: QLD: $1,000.

But don't forget that the Forex market is unregulated and scammy! Yes, it's great that you can set your own leverage, but you're still trading in an unregulated market with padded bids spreads and stop hunting.