It is a great day to trade

R

riskfreetrading

It is a great day to trade. I love it. How do you like it today?

Here is how I told everyone here at ET how I will trade it today.


Quote from riskfreetrading:

He is not gone. He is here. He played with it when she was flat for hours. Sell strength, cover, leave some for more. Repeat until stopped.

I shorted it towards the close when NDX was around 2032.
And guess what, I plan to short it more tomorrow depending on how it behaves. If it gaps up at open, I plan to short it at first sign of weakness. If it goes down, my current shorts make money. If it opens where it closed today, I will watch it and decide.

But I am not going away, and I am not long and will not be long tomorrow. If I trade it is NOT on the long side. That is for sure.

Tell us your posture? (but do not lie like earlier today when you posted NDX went above 2024 when it did not, and also when you stated that NDX never went down below 2018 when it did multiple times before your statement).
More...

link is:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=99143&perpage=6&pagenumber=233
 
--------------------------------------------------------------------------------
Quote from riskfreetrading:

Tommy, here is a call for you:

2:17PM: go short with NDX at 1988.
--------------------------------------------------------------------------------





--------------------------------------------------------------------------------
Quote from riskfreetrading:

1:53PM: go short with NDX at 1979.
--------------------------------------------------------------------------------





--------------------------------------------------------------------------------
Quote from riskfreetrading:

My current calculations tell me that if NDX were to bounce up, it would not go above 1990. If it goes there, I plan to sell both premimum and intrinsic (ITM calls), assuming attempt to bounce fails (which are current assumption/calculations).
--------------------------------------------------------------------------------





--------------------------------------------------------------------------------
Quote from riskfreetrading:

12:12PM, NDX at 1985, Who is Shorting NDX?
--------------------------------------------------------------------------------





--------------------------------------------------------------------------------
Quote from riskfreetrading:

12:19PM, and NDX is revisiting area of 1984. This might be your chance to sell at what might be the top.

I have already declared in real-time 1985 as the top for NDX.
--------------------------------------------------------------------------------





--------------------------------------------------------------------------------
Quote from riskfreetrading:

Intelligent readers:

NDX is now at 1984. If you re-established yourself at 1989. Apply the poem a second time @ 1984, and wait for the bulls if they still have the desire to be slaughtered at mile 1989.
--------------------------------------------------------------------------------



________________________________________
Quote from riskfreetrading:

1:53PM: go short with NDX at 1979.




--------------------------------------------------------------------------------
Quote from riskfreetrading:

This guy posted at 3:09PM. Since he is bagholder, I will not be surprised if the NDX tops today at exactly 3:09PM. Keep watching, This is an important point. at 3:09PM NDX was at 2005.
--------------------------------------------------------------------------------



Thats the rest of his great days. riskytrading has been calling tops and getting run over for a while now
 
Quote from riskfreetrading:

It is a great day to trade. I love it. How do you like it today?
More...

I love it, too. Went long when NDX was at 1979. Added more at 1985 and 1988. With NDX at around 2030 now, I am looking at 138 points gain on my positions. Still holding.
 
Quote from nonlinear5:

I love it, too. Went long when NDX was at 1979. Added more at 1985 and 1988. With NDX at around 2030 now, I am looking at 138 points gain on my positions. Still holding.
More...

Sold into the close at NDX 2032. Flat for the weekend. :)
 
You must log in or register to reply here.
Back
Top