Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
max, this ES position and sale (timing of dump) ended up saving you from a heavy drop post rate hike and you knew the market was looking sickly this morning.... lots of us dumped into that drop shortly after rate hike after 2pm. You are too hard on yourself. Your positions and insight were very good through that entire Fed action/post action..stay positive you are a great trader.
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Wow, dont even know what to say to that, thx for the kind words.
Trading is such a mental mind fuck, i realise that im only right 65% of the time, but i still always feel like a donkey when i get it wrong, or i dont position myself perfectly for the move that i know is coming, guess i should stop kicking my own ass about the ones i dont get perfect, but i cant help but want to nail every single trade, thats the drive that made me a successful trader.
Even though im up 3k on 1 lousy ES short, i hate myself cause i missed 5 contracts by a quarter point, and i didnt chase it, thats the nature of the beast i guess.
My only solace is that i know i would have punched out of most of it early, when the market looked bottomy at 2037.
Thx again for the kind words.
Trading is such a mental mind fuck, i realise that im only right 65% of the time, but i still always feel like a donkey when i get it wrong, or i dont position myself perfectly for the move that i know is coming, guess i should stop kicking my own ass about the ones i dont get perfect, but i cant help but want to nail every single trade, thats the drive that made me a successful trader.
Even though im up 3k on 1 lousy ES short, i hate myself cause i missed 5 contracts by a quarter point, and i didnt chase it, thats the nature of the beast i guess.
My only solace is that i know i would have punched out of most of it early, when the market looked bottomy at 2037.Thx again for the kind words.
max, this ES position and sale (timing of dump) ended up saving you from a heavy drop post rate hike and you knew the market was looking sickly this morning.... lots of us dumped into that drop shortly after rate hike after 2pm. You are too hard on yourself. Your positions and insight were very good through that entire Fed action/post action..stay positive you are a great trader.
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Wow, dont even know what to say to that, thx for the kind words.
Trading is such a mental mind fuck, i realise that im only right 65% of the time, but i still always feel like a donkey when i get it wrong, or i dont position myself perfectly for the move that i know is coming, guess i should stop kicking my own ass about the ones i dont get perfect, but i cant help but want to nail every single trade, thats the drive that made me a successful trader.
Even though im up 3k on 1 lousy ES short, i hate myself cause i missed 5 contracts by a quarter point, and i didnt chase it, thats the nature of the beast i guess.
Thx again for the kind words.
market today showing more of what you were thinking yesterday morning and generally "market looking ill and the rate hike pop was only for show"
I also traded mostly on the same side as Visaria but I am, as you had mentioned, completely in the other direction right now (don't agree with his direction or his premise)
although I thought we would have a Christmas rally....maybe not this year
might be hard to be full on short right now unless you have a macro short with wide stops and longer term positioning like romik. But if you watch it close and pay attention to the Asian and London sessions there will be some nice big red candles coming. Won't be an easy short, If the market doesn't want to pretend everything is fine after the rate hike, I would think dodgy employment and other economic numbers will start coming in from Washington (slanted to the positive for the squeeze)....and very little coverage of the warped high yield and fracking & miners debt sector (BKs and defaults will only show up at the last minute and after market hours or during over night sessions). The Third Ave news first was leaked onto traders desks about 5am NY time prior to withdraw prevention later that morning during NY trading.
Then you have the biotech sector fully racked with fraud but only some newbie punk gets indicted for show and only after he was openly giving the finger to the integrity of the US markets (perp walk was more of a rock star showcase)....yea, it all stinks to high heaven
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long crude 4 contracts, avg 36.1 (february)
betting the bottom is in
betting the bottom is in
are u still long? do u have a stop loss?
Max also, notice that these bulls making all these predictions are NO WHERE TO BE FOUND TODAY...fucking morons and assholes on this thread starting to stack up lately until actual trading needs to be done, then they disappear completely ... thread has turned into a stalkers/wankers room... silently reading every word through the night until they can find something, anything to spin on one of the few green days.
or maybe its just that I have soooo many people here on ignore the room seems empty
or maybe its just that I have soooo many people here on ignore the room seems empty
i'm still long, no official sl going based on instinct here
When I was a young lad growing up in Moscow my Grandad used to always remind me that the winner is the one that has the last laugh
He who doesn't risk doesn't get to drink champagne, tovarishch.