Well, the trading environment has been very tough the last few months, that's why we all need to expand our horizons and shoot for the stars when we trade now to make a small profit. Well, doing that will only get you "killed" in these mkt conditions.
As traders we need to start looking at the bigger picture and step out, trust our guts, give up the edge (b/c their is none) and go with the momentum.
For example, the eurodollar curve has been tough, but I've been killing it. A good trade to look at would be to SELL the U10 three month butterfly. This trade only makes perfect sense for a few reasons, but I'll just give you one. They are the next butterfly that people will be rolling into and thats all you have to know. So grab your balls and SELL SELL SELL, i mean...COME ON PEOPLE!
As traders we need to start looking at the bigger picture and step out, trust our guts, give up the edge (b/c their is none) and go with the momentum.
For example, the eurodollar curve has been tough, but I've been killing it. A good trade to look at would be to SELL the U10 three month butterfly. This trade only makes perfect sense for a few reasons, but I'll just give you one. They are the next butterfly that people will be rolling into and thats all you have to know. So grab your balls and SELL SELL SELL, i mean...COME ON PEOPLE!