Kudos to MMs

Quote from nitro:

Short 1 unit SPX 1820

All right, let's do some math.

Your trades are:
2 short @1229.89,
1 short @1288.60,
1 short @1321.20,
1 short @1572,
1 short @1567,
2 short @1629,
1 short @1642,
1 short @1670,
2 short @1720,
2 short @1742,
2 short @1772,
1 short @1820,
1 short @1842,

The S&P 500 is now at 1841.
Your loss is:
2 * (1841-1229.89)
+ 1 * (1841-1288.60)
+ 1 * (1841-1321.20)
+ 1 * (1841-1572)
+ 1 * (1841-1567)
+ 2 * (1841-1629)
+ 1 * (1841-1642)
+ 1 * (1841-1670)
+ 2 * (1841-1720)
+ 2 * (1841-1742)
+ 2 * (1841-1772)
+ 1 * (1841-1820)
+ 1 * (1841-1842)
= 4229.42 points

Assuming that you are trading the ES, your loss is:
4229.42 * 50 = $211,471.00
 
Quote from nonlinear5:

All right, let's do some math.

Your trades are:
2 short @1229.89,
1 short @1288.60,
1 short @1321.20,
1 short @1572,
1 short @1567,
2 short @1629,
1 short @1642,
1 short @1670,
2 short @1720,
2 short @1742,
2 short @1772,
1 short @1820.

The S&P 500 is now at 1841.
Your loss is:
2 * (1841-1229.89)
+ 1 * (1841-1288.60)
+ 1 * (1841-1321.20)
+ 1 * (1841-1572)
+ 1 * (1841-1567)
+ 2 * (1841-1629)
+ 1 * (1841-1642)
+ 1 * (1841-1670)
+ 2 * (1841-1720)
+ 2 * (1841-1742)
+ 2 * (1841-1772)
+ 1 * (1841-1820)
= 4240.42 points

Assuming that you are trading the ES, your loss is:
4240.42 * 50 = $212,021.00

You forgot to add all the dividends he would have had to pay (or negative futures rolls). Add roughly $40 to the loss (per contract)
 
Quote from nonlinear5:

All right, let's do some math.

Your trades are:
2 short @1229.89,
1 short @1288.60,
1 short @1321.20,
1 short @1572,
1 short @1567,
2 short @1629,
1 short @1642,
1 short @1670,
2 short @1720,
2 short @1742,
2 short @1772,
1 short @1820,
1 short @1842,

The S&P 500 is now at 1841.
Your loss is:
2 * (1841-1229.89)
+ 1 * (1841-1288.60)
+ 1 * (1841-1321.20)
+ 1 * (1841-1572)
+ 1 * (1841-1567)
+ 2 * (1841-1629)
+ 1 * (1841-1642)
+ 1 * (1841-1670)
+ 2 * (1841-1720)
+ 2 * (1841-1742)
+ 2 * (1841-1772)
+ 1 * (1841-1820)
+ 1 * (1841-1842)
= 4229.42 points

Assuming that you are trading the ES, your loss is:
4229.42 * 50 = $211,471.00

It's not real money though. I just don't understand why one would "papertrade" this as there is nothing to be gleamed from the result.
 
Quote from Maverick74:

Care to make a wager?

Wagers, smagers.... sure.. 50,000 trillion? I just wanna know one thing- George Bush once said "if you're a single mom with two children, the hardest job in the america... trying to 'put food on your family'" So how do you put food on your family being short on a 40% rally???
 
... no stops are being used because WE have not planned the date of the next flash crash yet

... if you don't know who WE is , then .... aaaaagh i have said too much
 
Quote from elovemer:

these trades are real money, but they are long entries

not short entries

this fact will be revealed at a later date

The retreat is underway, and you just got in on the long side?
 
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