Anybody else short US 30 Bond

[Surdo]

IC:

You are not alone, I got a perfect short... off covered, and instead of going to the park to eat lunch and call it a day, I got long.........oops. I am almost back in shape.

Beige Book in 10.

good trading,

el surdo

 

[jasonjm]

i got in perfect shorts to the tick (short at 120, didnt even move one tick higher the other day) but i covered too early, covered all yesterday at 118'10

ah well

ill short again 119 to 120

 

[BondTrader50]

Quote from invertedCurve:

there is nothing that makes me want to break all 6 of my screens than to short this piece of $hit over and over from 118.07, 118.075, and 118.06 in a 30 minute stretch and stocks are going to the moon then to get out at 118.07 go take a break come back see it at 117.20. Then you think it's over and catch daggers at 117.10 and puke the low totally disgusted with myself today.

Trade ZN like you said. The 10's have stopped following the 30's when they make those ridiculous stop pops.

 

[itcanbedone]

Quote from increasenow:

to "itcanbedone" and "Surdo"...can I ask some questions?...why do you trade the 30 year over the 10 year?...it seems as if better to trade 10 year?...why?...

hi increase now, i mainly trade the ZB cause that is what i always have traded. i guess i have a better feel of that instrument and how it relates to economic releases.

also, imho, trading should not be based on tick advantages. we are such small players that it is more important to have a proper method rather than rely on tick advantages

i trade zb 5-10 lots only.

 

[Dollars&Sense]

The bonds seem to be stuck here at 117'020 area, can someone give them a nudge one way or the other.. heh.

 

[Dollars&Sense]

Alright, managed to catch most of that last pop up, which I really needed today unfortunately.

 

[increasenow]

Quote from itcanbedone:

hi increase now, i mainly trade the ZB cause that is what i always have traded. i guess i have a better feel of that instrument and how it relates to economic releases.

also, imho, trading should not be based on tick advantages. we are such small players that it is more important to have a proper method rather than rely on tick advantages

i trade zb 5-10 lots only.

thanks...great answer...I took my first 30 year trade today and entered short just after first wave down and then got out too quick for the long, long ride down...lost some small cash...nothing big...traded one contract only...do you ever hold overnight?...another question...what would make you prefer the 30year over the 'mighty and masive and small daytrade margin ES, emini sp'?

 

[itcanbedone]

Long ZB here at 117'09 :eek: :eek:

 

[Surdo]

ZB needs a little Chlorpromazine today!

3-(2-chloro-10H-phenothiazin-10-yl)-N,N-dimethyl-propan-1-amine

 

[itcanbedone]

I need this after my long: lol