ES Journal Archive (2009 - 2010)

saliva · Apr 21, 2009

Quote from iloveoptions:

Hilarious shortie! I just want 814.25 or 860. You and the other shorties here can have the 795 (If you're lucky). :eek:

LOL. How convenient. Perhaps I don't understand your "delta this and delta that", but I do know that even if you hedge your bet you can only make money as long as you're right. You just can't have it both ways. Or can you?

Anyway, nothing personal...just business. Now where have I heard that from?

iloveoptions · Apr 21, 2009

Quote from saliva:

LOL. How convenient. Perhaps I don't understand your "delta this and delta that", but I do know that even if you hedge your bet you can only make money as long as you're right. You just can't have it both ways. Or can you?

Anyway, nothing personal...just business. Now where have I heard that from?

You can't have it both ways simultaneously, but it works beautifully under the right circumstances and proper timing (volatility, direction, chaos, and theta). This is not the thread to discuss how I do it nor I'm interested in sharing this knowledge at this time. Once you become good at it (it takes quite a bit of time, practice, dedication, trial and error), you wouldn't want to do it any other way. You can go to sleep at night and not worry about gaps overnight, turmoil, and so on. I'm certain there are a few people in this forum that trade in a somewhat similar fashion to how I do it (but not identical). They clearly understand its power.

angel_king · Apr 21, 2009

my guess as to where we are now.

post comments, all of them, really, tell me how you see it.

Decel · Apr 21, 2009

Quote from angel_king:

my guess as to where we are now.

post comments, all of them, really, tell me how you see it.

Seems the pattern is Up(today)-Down-Up-Drop...

ammo · Apr 22, 2009

Quote from ammo:

adding sh 47.5/ avg 45, should hit 40

covered half 839.50, 42 stop on bal

BoyBrutus · Apr 22, 2009

Quote from ammo:

covered half 839.50, 42 stop on bal

Nice one bro, your positions keeping you up?

vertigo3 · Apr 22, 2009

BB,
everybody's awake at this time in the states.

ammo · Apr 22, 2009

ya bb, trying to get some back,, looking for 32, got whacked today, w hat time is it over there

saliva · Apr 22, 2009

Quote from ammo:

ya bb, i'm and trying to get some back,, looking for 32, got whacked today, w hat time is it over there

Just let the baby ride, bro. I feel very good about this one. Good luck!

pocketmoney · Apr 22, 2009

Quote from pocketmoney:

short again here at 846 as we will have a decent negative print at some point tomorrow so this trade should give at least 5 points.

Closing this here at 841 as planned for plus 5