Quote from Port1385:
Many people make their money each day trading the E-Mini. Its a highly leveraged instrument where fortunes can be made in short time and there is nothing wrong with making a living off of it.
Many times I have tried to explain to people that I trade the E-Mini. In the current times, I get these wry looks as if trading is a sin. One person remarked back at me something about Madoff.
Many people think and believe that traders can only make money in an up-market. Oh not so.
The truth is that the real E-Mini trader is athletic with his positions trading in whatever direction the market chooses to put itself in. In a down or up market, money can be made.
I have never lost money trading the e-mini as the S&P just seems so easy to predict versus trading regular stocks. The S&P cannot fool anyone.
So what do you say to someone who wants to know what you do if you are an e-mini trader?
YOU GOTTA BE KIDDING ME
YOU GOTTA BE KIDDING
YOU CAN NOT TRADE, ANYONE WHO READS YOUR POSTS KNOWS THAT
and you post on ET asking this question
my poor friend, there is NO hope for you
I stopped taking this site seriously a few years ago. Baron enjoys the webhits he gets from my posts and I enjoy seeing all you monkeys respond to them. My favorite was where I played a guy in his 50s with only 70k left asking what to do with the rest of his life. I got quite a few PMs from it. It was funny. After a while, you just stop throwing up serious stuff on this site because there is no point.