Yes Position and swing trades are smaller size than intraday. Typically 2 to 4 times leverage whereas day trades are 10 to 1.
ES Has Topped
- Thread starter Buy1Sell2
- Start date
A more sensible thread would be something like ''The low for the next year was put in last month''
So true, so true ! Spot on.
One of my mentors was David Ellis - a legend in the S&P pit. One of the tenets he personally impressed upon me was market price behavior flying in the face of "conventional wisdom" and the espoused views of "expert commentators".
The S&P 500 is currently a great example of what he was talking about. The market price action itself has remained strong despite the widespread commentary about the market being overbought. I suspect David would view this as a bullish sign.
The S&P 500 is currently a great example of what he was talking about. The market price action itself has remained strong despite the widespread commentary about the market being overbought. I suspect David would view this as a bullish sign.
"test" + "ES" = "testes"
Am I the only one who's ever noticed that?
Nah. I doubt it.
In any event, I am heavy on top -- carrying too much for such shitty vol, and am dancing to split/roll-out, freakin' position by position.
"Testes in a vice."
2545 {heavy} for Friday -- we've breached 2537 as I type -- I guess they're going to Oct13.
"S-queeeeeeze."
Am I the only one who's ever noticed that?
Nah. I doubt it.
In any event, I am heavy on top -- carrying too much for such shitty vol, and am dancing to split/roll-out, freakin' position by position.
"Testes in a vice."
2545 {heavy} for Friday -- we've breached 2537 as I type -- I guess they're going to Oct13.
"S-queeeeeeze."
Not on my chart, he still has 2 points wiggle room...
I think this rally will end with a vertical blow off top, going 8-10 points and pulling back on the same or next day.