Gotta love ZERO RISK in the SP500 = $$$

recession2016 said:
things are finally starting to look interesting
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yea ...its just too high. Upside potential seems very limited whereas downside has high conviction..at least for some profit taking down moves

I thought london would take it up to 2020 easy...at 2010 it got very hesitant and by 2012 I had my finger on the mouse...was lucky to get anything above 2012...since then it just got weaker and weaker

visaria was trading london session to on this thread
 
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Short at 2012 was a no brainer from a pure risk:reward standpoint, dont know why i didnt take it only had to risk 2 points to possibly make 20. You can be wrong an awful lot if you only take setups with that kind of R:R.
 
Max E. Pad said:
Short at 2012 was a no brainer from a pure risk:reward standpoint, dont know why i didnt take it only had to risk 2 points to possibly make 20. You can be wrong an awful lot if you only take setups with that kind of R:R.
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well its the open and that alone can get whipsawed enough to pass on the trade

now we are in clear profit taking
 
Pricechange said:
well its the open and that alone can get whipsawed enough to pass on the trade

now we are in clear profit taking
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Yeah still got to be a little careful on the short side here though the market loves to go just through the days lows to fuck everyone then reverse.
 
Visaria said:
short dec copper 2353, stop 75

yellen believes world economy is weak, who am i to argue? in which case, why does anyone want copper?
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was stopped out at 2377. was out of gold at 51, out of yen at 25...all small losses
 
some late runners to the party holding things up. aapl decided to catch up from yesterdays hesitation and biotechs which were a bit hesitant yesterday are running

biotechs pulling up the nasdaq
apple pulling up the Dow
spx staying with them
 
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