Gotta love ZERO RISK in the SP500 = $$$

jsp326 said:
In other words, without knowing your risk:reward, your winning percentage is meaningless.

Typical win: Bought at 187.40. After a small move up, set stop = to entry price. Took profit at 187.53.

Typical loss: Bought at 186.70. Holding until Friday...or maybe the last day in October...or maybe....
More...

Yeah I know what you mean...I don't buy every dip and I think the market is changing soon. But I did buy this one and my calls expire tomorrow so no, it would not be end of October...
 
this aint volitility, this am apeshit

apeshit1.jpg
 
jsp326 said:
In other words, without knowing your risk:reward, your winning percentage is meaningless.

Typical win: Bought at 187.40. After a small move up, set stop = to entry price. Took profit at 187.53.

Typical loss: Bought at 186.70. Holding until Friday...or maybe the last day in October...or maybe....
More...
Another way to look at it: without knowing your win percentage, RR is meaningless.
 
Last edited:
S2007S said:
http://www.cnbc.com/id/102094811

Pros say its time to get back in....

Dow at 16097 and S&P at 1862


Amazing how quick this sell off lasted...

5 + years of gains turns into

2 week sell off and its time to buy..
More...

LOL. Mutual fund managers and others who are still 60-70% invested in stocks think it's a "great time to buy." I'm just shocked at their wisdom and honesty.
 
jsp326 said:
LOL. Mutual fund managers and others who are still 60-70% invested in stocks think it's a "great time to buy." I'm just shocked at their wisdom and honesty.
More...


Funny how most cheerleaders on cnbc were hyping continuous new highs into the end of 2014.....
No one hinted at this 1000+ point sell off...

This is what a real market should feel like...I think wallstreet is crying like a little bitch hoping for more fed intervention ...im telling you another couple of thousand points lower and you will see QE 4 along with a continuous bond buying program taking place....they will even have those mid day fed meetings to see what and how they can keep markets from deteriorating ...but guess what they are out of everything possible to keep this market propped up...
 
Google misses earnings......stock down over 5%%%%

Google earnings: $6.35 per share, ex-items, vs. expected EPS of $6.53CNBC.com | October 16, 2014 | 04:02 PM EDTAnalysts had expected the company to report earnings of $6.53 a share on $16.57 billion in revenue, according to a consensus estimate from Thomson Reuters.
 
S2007S said:
Funny how most cheerleaders on cnbc were hyping continuous new highs into the end of 2014.....
No one hinted at this 1000+ point sell off...

This is what a real market should feel like...I think wallstreet is crying like a little bitch hoping for more fed intervention ...im telling you another couple of thousand points lower and you will see QE 4 along with a continuous bond buying program taking place....they will even have those mid day fed meetings to see what and how they can keep markets from deteriorating ...but guess what they are out of everything possible to keep this market propped up...
More...

I don't think you'll see QE4. At least not on any large scale. There's just not enough debt next year to be issued.
 
You must log in or register to reply here.
Back
Top