Quote from riskfreetrading:
You see, paparazzies are never right, particularly when there are larger in number and saying the same things,such as "RFT and his good readers know nothing since they are call for shorting NDX when it is close to a high of multiple months, and will break out big time on upside...etc".
Quote from riskfreetrading:
Shortie:
Just got back.
Your understanding of my posts (and what constitutes taking profit on a long, going short, or go short with caution, etc) is accutate. Also, the opening thread on this post explained the difference between daily calls and multiday calls. That distinction is clear in my first post (othewise what it is there?).
What I sold when NDX was at 2036 will be held until monday, and/or probably longer. I sold calls so I am earning in the interim of a move.
I got to check things up. I hope they filled me on some of my other short orders.
Quote from riskfreetrading:
"RFT and his good readers know nothing
Quote from shortie:
riskfree, kudos to you for holding over the weekend
Quote from xflat2186:
Holding what? He never posted a trade?
Quote from riskfreetrading:
Thanks. I hope that you made some money shorting today, but I personnally find it hard to sell a gap down open as it can shoot up and would require from me too wide stops. That is the reason I cut the horn of bulls at the top (to minimize risk at entry).
Also I want to say that you can sell calls on Friday (but before they start running Monday quotes). That was the reason why I shorted in the morning (weekend premium, and also since I know the end was close. It is a question of when not whether.
Quote from riskfreetrading:
Thanks. I hope that you made some money shorting today, but I personnally find it hard to sell a gap down open as it can shoot up and would require from me too wide stops. That is the reason I cut the horn of bulls at the top (to minimize risk at entry).
Also I want to say that you can sell calls on Friday (but before they start running Monday quotes). That was the reason why I shorted in the morning (weekend premium, and also since I know the end was close. It is a question of when not whether.
Quote from riskfreetrading:
You really have a tick head don't you?
Just in this thread there have been 4 calls, and you missed them all. Shorting at 2048 (with 100 points days 4 days later), Long at 1947 (with 47 point profit a couple of days later), and short for the skilled towards end of day (which also gave good profits the next day), and Friday's short which led to more that 44 NDX points today
That is more than +200 NDX points in less than 10 trading days.
200 points in NDX is 10% return (in less than 10 days).
You must really have nuts in there, if not some stinky other things.
PS: I did not cound the profits on EUR/USD (more than 300 pips)and EUR/JPY. Also nailed at the top.