3 trades 1 win 2 losses so i lose £5 today.Basically,my last trade reduced the loss to half today.Still confident that the 3 outstanding longs into the close on weds,thurs and fri can win as we are holding above the line in the sand (1400) and declining issues were not that heavy today.
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Fixed odds betting the S&P 500 cash
- Thread starter mitsubishi
- Start date
I am long 10am to 10.30am at 1399.1 I figure the pivot S-2 (1398.1) is holding
I have won the first trade and am now short 11.20am to 12 at 1405.4
1 win 1 loss so far.I am now long 12.10 to 2.30pm at 1411.9 and also short 12.30 to 1pm at 1413.4
2 wins 2 losses my last trade today is long 2.20pm to 3.30pm at 1413.2
My last trade won and brings the account to +£35. It's funny,you never know what the result of a trade will be after you take it.Sometimes you think this will be an easy win,then it loses and other times,like my last trade,you get a bad feeling about it but it goes on to win.What other profession is there where you study for years but remain just as uncertain about the outcome of decisions you make as you were when you started out? My 3 longs (1408) into the next 3 days closes are looking better tonight-but you can never tell though can you!?
I am long at 1395.8 into tomorrows close i think we might see a late reversal into the close rather than ending on or near the low.
Mondays long (1408) into yesterdays close lost so the account is now +£30. I have another long from monday into tonights close also at 1408 and yesterday i bought 1395.8 and just before the close 1395.1 both for tonights close.There is one more long at 1408 from monday into tomorrows close.Since there is quite a bit of risk outstanding,i wont be placing any further trades today.
2 wins, 1 loss-1408 from mon(lost) 1395.8 from yesterday (won) and 1391.3 from yesterday (won- i quoted that wrong yesterday,saying it was 1395.1). So i am back to +£35.Still one more long from monday at 1408 into fridays close.Not very hopefull on that one,typical that i put on all these longs when the market is struggling to hold 1400,so what's new?It was hard not to short the high today but i had decided in advance not to hold anymore risk,just can't decide whether that was good discipline or a missed opportunity.
I am long at 1387.5 from 9.50am to 10.20am. I'm thinking we will bounce from what is near a fib(0.764%-1386.9) and then head lower again