Took some profit.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
profit from where??????
I basically trade fractional positions via options, lots of spreads and stuff, occasionally I'll leg into something so I have longs or shorts "outright", even still, this stuff is heartburn inducing...the fuck all would I be slinging around big futures positions in this slop...I'm always mindful of the "Fed put", but there could be just one day (all it would take is once), that they didn't step in at say 2065 (ES) and we'd be sitting down below last weeks lows...
Probably works against me that I traded this stuff almost 20 years ago...there were definitely days back then without the "Fed put".
Probably works against me that I traded this stuff almost 20 years ago...there were definitely days back then without the "Fed put".
In all honesty, I think this market is a pig. With Asia in the toilet along with most of Europe, falling commodity's and a rising dollar. Corporate profits are going to fall off a cliff. But this market is not trading on that. This market is now run buy central banks more so than any other time in history. They will use every means possible to keep the market afloat, for now.
i'm holding my ES shorts...the whole world is crashing
Agreed...that's why this thing is more dangerous than I've probably ever seen it...it can go from 40+ ranges to 10 pt ranges in an instant...all based upon some Fed rhetoric.
Probably till Sept.
What difference does it make, I'm not going to explain to you every single time I do something. I would never get any trades done. But since I'm done for the day here ya go.
Attachments
I'm sorry, your short from where? 10 minutes ago you said I give up I'm going...
this is a six sigma event...get on right side
or perish
turn your algo to OFF, or Gay
or perish
turn your algo to OFF, or Gay
Last edited: