Gotta love ZERO RISK in the SP500 = $$$

why not? if u think it's going up from here, buy it. who cares what your existing position is.

Risk management is why. I am constantly cognizant of my margin exposure. If I go down too much, the CME will bite my ass and margin call me.

I did the average down thing a couple years ago and it sucked. Granted, I did too much too soon. But this is the path I take.
 
Keep an eye on interest rates....i'm seeing the 10 yr future breaking out lower. Could send stocks substantially lower even if today is the last trading day before xmas.
 
Nothing unusual here, straight up 5000 points a year is normal right?


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Sloooow going holiday trade, but great setup from yesterdays NY pit close to retest London highs. Merry Christmas and Happy New Year to all!

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LOL! Nice ES-EKG - followed by the importance of taking profits at targets at London highs ;)

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