Kudos to MMs

BTW, notice that there is nothing surprising with the magnitude of the move - VIX implies about 15 points [range] in SPX per day.
 
Quote from nitro:

Even with NFV standing still [hard to believe in a cratering market], we need to reach ~1155 for me to take a NFV chain profit,

Is that the breakeven point of the position? Yesterday we kind of reached it. Since you said this market is beyond comprehension for you, it might have been a good idea to use a stop loss at that point or at least ease up and cover some of the shorts....

Where is the point where you finally give up and cover all??? You are basicly trading against Bernanke and Ben >>> NFV...
 
Out EANFV at 1178.50. + 3.

Now will transfer the position to SPX in a couple of minutes. GTS, EANFV trades are overnight daytrades only.
 
Someone suggested I just trade the overnight session since I am like 85% success rate there, while breaking even on RTHs daytrades....I will get them all right...
 
Quote from nitro:

Someone suggested I just trade the overnight session since I am like 85% success rate there, while breaking even on RTHs daytrades....I will get them all right...

Y'all need to remember that in any "double down" or martingale game the initial trade is the "projected" profit basis. So if on the initial trade you were expected to take "7 handles" of profit, yet at this exact moment in time (SPX 1188.16) the system is OUT somewhere around 200 handles.

Gotta love the system!
 
Quote from nltro:

Y'all need to remember that in any "double down" or martingale game the initial trade is the "projected" profit basis. So if on the initial trade you were expected to take "7 handles" of profit, yet at this exact moment in time (SPX 1188.16) the system is OUT somewhere around 200 handles.

Gotta love the system!


perhaps if you gave nitro a hot branding iron to his hindquarters for every 10 point loss he would put a stop in. :)
 
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