Gotta love ZERO RISK in the SP500 = $$$

Horrible weekly bar close, a wide range weekly bar to the downside with Russell ready to break the horrid looking H&S neckline. You brave man. I think this is my time though, I've waited long enough.
 
Autodidact said:
Tomorrow before 10:30am, OTM (3-4 strikes) march-april expiration.
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Out of curiosity, if you don't mind me asking @Autodidact , you have said before that when you enter a position and it goes against you, you don't hesitate to get out right away. I'm not all to familiar with how options work, but given that the markets have gone down since the time of your entry, is this a position that you are still holding? I think that options can just expire worthless and its not a huge loss, but given that the market didn't go in the intended direction right away, are you still sitting holding on?
 
Stewie said:
Out of curiosity, if you don't mind me asking @Autodidact , you have said before that when you enter a position and it goes against you, you don't hesitate to get out right away. I'm not all to familiar with how options work, but given that the markets have gone down since the time of your entry, is this a position that you are still holding? I think that options can just expire worthless and its not a huge loss, but given that the market didn't go in the intended direction right away, are you still sitting holding on?
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I entered Thursday morning for a position trade, my area is coming off a weekly and monthly, needs time and leeway.

Risk is well defined and I bought OTM calls for a reason with time premium.

In other words, this is not a scalp off the 1min tf.

If I'm wrong it is not the end of the world either, next and move on but this battle is far from over!
 
Here is another one from brother Surf.

Baron: Being able to block specific users from your threads will be implemented this weekend.
Brother Surf: Im stunned and shocked by this decision.

This is a major error and will likely have dire consequences -- best wishes with it but i wpuld would suggest not to even try it.

surf

As it stands I am still blocked from posting over at Surf Report, been banned for about 2-3 months now :)
 
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