Gotta love ZERO RISK in the SP500 = $$$

[Nine_Ender]

How many times have they pushed back the rate hike for 2015....they thought June...they thought September ...the markets are so used to cheap interest rates and easy money policies that they now pushed back any possible rate hike into December ...that's how desperate and pathetic the fed is ...waiting for that last second in 2015 to raise rates a whole 25%....
And weren't there supposed to be 2 rate hikes in 2015....now the fed is planning just one.....1 rate hike....9 years straight without a single move higher in the fed funds rate.....and now they plan after nearly a decade to raise them .25%....its one big massive rigged game of the fed just bowing to wallstreet.
Again if the market goes into correction mode and sells off significantly that rate hike is not coming. The fed who claims they don't listen to the markets is just more lies...

You know, your whole act is a continuous circus of ranting and raving based on whatever gossip you hear that meets your agenda. Myself and many analysts have steadily been predicting a 0.25% raise in US interest rates early this fall. This message hasn't changed since late last year. We aren't even there yet, and you are ranting about revisions.

 

[halperin]

rickshaw man buy buy buy free money down here!

 

[Thor]

How many times have they pushed back the rate hike for 2015....they thought June...they thought September ...the markets are so used to cheap interest rates and easy money policies that they now pushed back any possible rate hike into December ...that's how desperate and pathetic the fed is ...waiting for that last second in 2015 to raise rates a whole 25%....
And weren't there supposed to be 2 rate hikes in 2015....now the fed is planning just one.....1 rate hike....9 years straight without a single move higher in the fed funds rate.....and now they plan after nearly a decade to raise them .25%....its one big massive rigged game of the fed just bowing to wallstreet.
Again if the market goes into correction mode and sells off significantly that rate hike is not coming. The fed who claims they don't listen to the markets is just more lies...

the facts agree

 

[Tavurth]

rickshaw man buy buy buy free money down here!

Selling it now @ 2125 would be a better bet

 

[Max E.]

well im still long the SPXS from 17.31 with a tight stop if we take out the previous days highs, if im wrong i will lose a whopping 0.5% on this trade, if im right i will make 4-5%, thats the kind of setups i love from a risk reward standpoint, I: guess that tomorrow will tell which one of us is right.

Rookie fucking move on my part, moved my stopout inside the last couple days range and bottom ticked the stopout on the SPXS stopped out at 17.36, never move your stopout inside of previous ranges before you move to a new one.

Market is headed down now "Guaranteed" (as Rickshawman would say) market never fails to punish stupidity, this will end up costing me a couple grand probably.

 

[noddyboy]

Rookie fucking move on my part, moved my stopout inside the last couple days range and bottom ticked the stopout on the SPXS stopped out at 17.36, never move your stopout inside of previous ranges before you move to a new one.

Market is headed down now "Guaranteed" (as Rickshawman would say) market never fails to punish me whenever i do something stupid like i did today, this will end up costing me a couple grand probably.

You can always get back in

 

[Max E.]

You can always get back in

I dont like getting in on the inside of ranges, I was in from the outside of the range, and allowed myself to get stopped out on the inside, very dumb move, id rebuy 17.36 but no way market goes there now, just watch, every time i do this the market feels the need to teach me a lesson, Sandp will probably close down 20 points today, LOL.

 

[noddyboy]

I dont like getting in on the inside of ranges, I was in from the outside of the range, and allowed myself to get stopped out on the inside, very dumb move, id rebuy 17.36 but no way market goes there now, just watch, every time i do this the market feels the need to teach me a lesson, Sandp will probably close down 20 points today, LOL.

I sympathize and feel the same often. Just saying you always have a choice. If you feel it will definately go down, go ahead and short.

 

[noddyboy]

I sympathize and feel the same often. Just saying you always have a choice. If you feel it will definately go down, go ahead and short.

I just BTFD at the lows so far. But who knows right?

 

[Max E.]

I sympathize and feel the same often. Just saying you always have a choice. If you feel it will definately go down, go ahead and short.

I find The biggest thing about quality trading is putting yourself in positions where the R:R is on your side when you place a bet, because the truth is no one knows where the market is going.

I was in SPXS from 17.31 with a stop at 17.24, only risking 7 ticks if we set new highs, to make 50-80 pretty easily if it goes in my favour, excellent risk reward, If i buy back in at 17.50, then if im wrong its 27 ticks im losing now, and if im right only 30-60, risk reward not skewed enough in my favour if i jump back in here.

If you constantly put yourself in positions where R:R is 5-1 or better you got to be a really terrible trader to lose money. You only need to bat 20% to breakeven like that. I mean you got to be constantly stepping in front of Bulldozers to lose money like that.