11:11AM, Who Is Shorting NDX?

Quote from riskfreetrading:

to my followers, do not forget that you can alwasy do this:

"Cut your pie in one piece or more.
Cover half and put profits in a dror.
Keep the rest for more.
Your opponent now understands you know more.
Be kind to him as you need him for more.
As, without him your business will be no more".

I just applied the above rule. NDX is now at 1942.
 
Quote from optioncoach:

Since NDX cannot be traded directly , how are you shorting it?

NQ, NDX puts, etc..?

OC:

If you have never tried the QID to play direction, you may want to have a look at it. It is one of the vehicles I like to ride.
 
Quote from riskfreetrading:
11:11AM, anyone shorting NDX? It is now at 1949.
Short Q's from this morning's open.
Short SPY from 139.75 today
Got Flat DIA on the open
Holding Flat IWM
Holding Long MDY
Holding Long FTSE
Long FDAX from the open

That's all of my index postions as of now.


Quote from riskfreetrading:
Immediately after my thread, my followers and I ...
You have followers?

In your dreams anyway.
 
Quote from riskfreetrading:

OC:

If you have never tried the QID to play direction, you may want to have a look at it. It is one of the vehicles I like to ride.

I mainly stick with options on NDX or NQs. "Stock" is still a 4 letter word to me :)
 
Quote from Kevin Schmit:


You have followers?

In your dreams anyway. [/B]

Could you check if there were any impressions for this thread?
Also 40 million visit this site per day (they are not ET members). What do you think they do when they visit this forum?

You now have a larger number following you as well. This does not mean they will do what you or/and I are doing. Most people do nothing or the opposite.
 
A retest of today's high is possible. If it has energy for a retest, makes the test, and fails, then all hell may break loose (close to the time when fed the goose comes out of snoose).
 
Quote from riskfreetrading:

"Cut your pie in one piece or more.
Cover half and put profits in a dror.
Keep the rest for more.
Your opponent now understands you know more.
Be kind to him as you need him for more.
As, without him your business will be no more".
LOL :D

Good poem, good call.
 
1:17PM: if you missed the earlier entry, and want to go short, this might be the time and price to go in with the understanding that it might still go 1 to 2 point higher. It is now: NDX=1947. Good luck to you if you go in.
 
Quote from riskfreetrading:

You are right on the buying back, but your sentence is incomplete. How about the price?

What if it is at the top? I take it that you are buying NDX with both hands at 1949. :D

Please, no need to worry about me.

I have been long 10 NQM8's from a few weeks ago and will let the market take me out via a stop.

I have no idea where the market is going, I'm just in it to make money, not predictions.
 
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