ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
Quote from RichardRimes:. 11/14
The middle line is a TL that began 11/19/12....based on that, the fact that EMG added today and something in my gut...I believe we will trade on or around 1725 Dec 4.
perhaps I just need to get something to eat
Only 75 points off:eek: It definitely must have been something I ate....just glad I don't trade on guts or emg.
Question if you have a minute: If one is not utilizing leverage (e.g. allocation of $100,000.00 per ES contract), and is doing position trades, would it be better to use ES or SPY (or another)? Take long term short side per emg as an example, including tax implications, etc., into consideration.
es si in a different tax structure and trades almost around the clock,spy you could curtail your risk with options but you have to wait for the open to get out,cheaper though, depends on your acct size , emg could hedge tha with a long ym,not exact but close in dollars for protection..he trades grains , meats, i think some currencies so it is a sideline trade for him,i think