Carry trade can easily beat any quoted returns. If you buy 1 contract on the first trading day and roll quarterly by putting up $11k margin, with extra few grands in spare, all you need is 220 points a year to double the money. At current level 4500, that is only 4.8% upside, easily achievable in almost any year. This year SPX is 20%+, that is $40k do nothing money. More leverage play is futures option, I lost some on this strategy because options have expiration day, it is hard to guess where the level will end up in a given timeframe.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Carry trade can easily beat any quoted returns. If you buy 1 contract on the first trading day and roll quarterly by putting up $11k margin, with extra few grands in spare, all you need is 220 points a year to double the money. At current level 4500, that is only 4.8% upside, easily achievable in almost any year. This year SPX is 20%+, that is $40k do nothing money. More leverage play is futures option, I lost some on this strategy because options have expiration day, it is hard to guess where the level will end up in a given timeframe.
When the market agrees with that we are always close to a crash.
The "It can only go up, never down" argument creates the crash as almost everybody is at the moment the crash starts, surprised which leads to panic, which leads to the crash.
A crash in general starts at the moment that everybody thinks it cannot happen. An unexpected event is the catalysator.
Markets can drop anytime. That's what people should keep in their mind and stay alert.
Impressive run. As long as you don't scale up - you'll be fine, i.e., 10 MES = 1000 points.
Your style reminds me a bit of @theapprentice who used to post here earlier. I think he simply called it the FED system. Go long with small size. No stops. Average down. Take profits. Rinse/repeat.
Let's see in a minute. Bad number = more stimulus = bullish. Good number = bullish.
EDIT: Apparently that number was a snoozer. Allegedly, tomorrrow's number is the one people are waiting for.
EDIT: Apparently that number was a snoozer. Allegedly, tomorrrow's number is the one people are waiting for.
Non farm payroll is most important monthly data point. Day before’s job numbers don’t mean anything
Although nobody can predict an actual stock market crash, it helps to know the broader tell-tale signs, both technical and fundamental. At the moment there doesn't seem to be much of either. So markets can slide by 10% at any time, but that isn't a crash. How often has the stock market lost over 50%?
Gap & Go or a drop on the Open.
These larger gaps up above the prior day high have seen some selling in the early part of the session lately, but from my POV I'm leaning towards a move higher initially today. Maybe 40/45.
These larger gaps up above the prior day high have seen some selling in the early part of the session lately, but from my POV I'm leaning towards a move higher initially today. Maybe 40/45.
out here +5
Thinking I should be able to get back in a bit cheaper after an impressive move up from the bulls on that last dip