So your thought is they lowered margins to attract more liquidity cause the masses are pulling out?
ES Journal - 2012
- Thread starter Buy1Sell2
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So your thought is they lowered margins to attract more liquidity cause the masses are pulling out?
Reeks of desperation. I can't see why any rational professional trader would use their entire account on a leveraged futures position, so lowering the margin rate will not induce them to add any more longs. They are constrained by risk, not margin.
But the suckers, on the other hand, who blow up accounts because of going all-in.... can now pile on a few more "cars".
These suckers are the last to the party.
This, in addition to the bear flag that broke down this week.
If it fails to exceed 138.2 before the next wave down, it will be setting up to be a glorious third wave breakout, on the short side!
But the suckers, on the other hand, who blow up accounts because of going all-in.... can now pile on a few more "cars".
These suckers are the last to the party.
This, in addition to the bear flag that broke down this week.
If it fails to exceed 138.2 before the next wave down, it will be setting up to be a glorious third wave breakout, on the short side!
Quote from Wide Tailz:
Reeks of desperation. I can't see why any rational professional trader would use their entire account on a leveraged futures position, so lowering the margin rate will not induce them to add any more longs. They are constrained by risk, not margin.
But the suckers, on the other hand, who blow up accounts because of going all-in.... can now pile on a few more "cars".
These suckers are the last to the party.
This, in addition to the bear flag that broke down this week.
If it fails to exceed 138.2 before the next wave down, it will be setting up to be a glorious third wave breakout, on the short side!
I'm confused by this.
First, isn't this a futures trading journal? Are you arguing against using futures in a futures trading journal?
I also don't understand where you draw the conclusion that lower margin on futures contracts will "draw more suckers" ... that may or may not be true. Now correct me if I'm wrong, but lowering margin requirements would effect both long and short positions.. right? What if the people who are "piling on more cars" are doing so on the short side? The only conclusion I could see being drawn from lower margin requirements is that these markets will see more liquidity and volume which is pretty irrelevant, imo, to price direction.
65.5 and 70.5 next area for resting stops. above that 73.5 and 76.
apple goes down 5 % and market goes up 3%.
this is a fake rally!!!!
this is a fake rally!!!!
07-26-12 01:57 PM
07-25-12 08:14 AM
--Have buy stop in to enter at 1358.00 with 2. If hit, I will enter and post protective sell stop.
-- If tagged today, then initial stop will be 1317.50
--Trade was stopped in long. Initial protective sell stop is 1317.50 and I will reverse and be short when stopped.
07-25-12 08:14 AM
--Have buy stop in to enter at 1358.00 with 2. If hit, I will enter and post protective sell stop.
-- If tagged today, then initial stop will be 1317.50
--Trade was stopped in long. Initial protective sell stop is 1317.50 and I will reverse and be short when stopped.
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