sax - I hope you read these posts before putting real $ on the line. But if you do, make sure to start a journal so we can see how it goes with real cash on the line!
Quote from chauncey1:
Well, with that way of thinking you should be tough to get along with the losses.
Quote from saxon22:
So could we please stay on the subject of the original post?
Quote from fearless9:
OK, here is the subject that you posted.
"Es profit on 1/4 point can it be done? Part II"
My answer: no, not by you.
My reasoning: it lies within the wording of the very question that you asked. If you have even the slightest chance of success then the question would have been framed in a different manner.
I strongly suspect other traders see it more or less in the same light, hence the response, which quite frankly has been excellent.
Just imagine for a moment, if the responsible traders had not responded to your question and the more playful amongst us had offered you lashings of encouragement, knowing full well what the outcome would be.
All in all, I think that you have had an excellent morning and it has not cost a dime ( ego apart and we will throw that into the lesson for free)
Quote from saxon22:
In the past I have lost around $20K in the span of 12 hours and I survived. Drove a 1973 Chrysler Plymouth ..