Kudos to MMs

arbs-r-us · Dec 18, 2013

Quote from arbs-r-us:

On this eve of Thanksgiving, I am thankful of the market that keeps on giving, giving & more giving.... Thanks for the giving and to the moon Alice!!! To the moon!!!

And the Bernack keeps on giving!!!! Thanks Ben!!!!

sellindexvol66 · Dec 18, 2013

nitro,

consider you have the wrong product for mean reversion and/or your system needs tweaking if u decide to run these paper trades longer.

nonlinear5 · Dec 18, 2013

Quote from sellindexvol66:
consider you have the wrong product for mean reversion

Which instruments would be good candidates for a mean-reversion model? Currencies? What else?

RichardRimes · Dec 18, 2013

SPX is "relatively" mean reverting but with an upward bias. Consider around Thanksgiving ES traded 1810 and golly gee...today it is 1810 ish...but we traded almost 1750 just a few days ago. The problem is when ......eventually....we are clearly wrong we don't take measures to revaluate and close the losing trade..thus management of a trade is the "art" of trading. SPX is NOT a product you want to take a LONG term SHORT position on...period. You must set either a time or point stop. or at least roll the damn thing!!!!

tangentShot · Dec 19, 2013

Nothing special, it's their job.

Quote from nitro:

Kudos to MMs standing toe to toe with these sellers the whole way down. They are getting Chinese water tortured to death. Can you imagine standing toe to toe into known redemption? :eek: People that tell me that these guys cheat and don't fulfill their obligation to make markets as a last resort, uh, you stand in front of this shit.

That said, when this recovers, those guys are going to be rolling in cash.

nitro

sellindexvol66 · Dec 19, 2013

Quote from nonlinear5:

Which instruments would be good candidates for a mean-reversion model? Currencies? What else?

Better you do a quick search on some of my posts..I truly hate to clutter his thread on OT stuff.

With that said, if this thread was started by a new et member, it would have been closed by now.

nitro · Dec 20, 2013

Short 1 unit SPX 1820

joederp · Dec 20, 2013

Quote from nitro:

Short 1 unit SPX 1820

sigh

just an average Joe, but even I can see, nitro, that you might want to take a massive bong hit & re-think this strategy...what you're doing for entry/exit and money/risk mgt is anti-strategy.

The trend is up, cause Benny & the jets said so.

arbs-r-us · Dec 20, 2013

Quote from joederp:

sigh

just an average Joe, but even I can see, nitro, that you might want to take a massive bong hit & re-think this strategy...what you're doing for entry/exit and money/risk mgt is anti-strategy.

The trend is up, cause Benny & the jets said so.

Rocket man says it's "I think it's going to be a long, long time" before the decline!!!! lol!

arbs-r-us · Dec 24, 2013

Quote from arbs-r-us:

Rocket man says it's "I think it's going to be a long, long time" before the decline!!!! lol!

And Ralph's secret whisper to Alice was "You ain't stopping at the moon Alice... you're headed all the way to Pluto"

Top at 1900? 2000? 2200? OMG!

Merry Christmas everyone!!! A time to smile and be happy!