Midnight rally

[areyoukidding?]

Tie rickshaw up again and give him his meds, its nap time.

 

[nutsojob]

Quote from Rickshaw Man:

So whats with this overnight drift up, seems to start around 2:00amcst and floats up on no volume.

Do you subscribe to the idea that the more people know about a profitable strategy/edge that it will evenutally disappear?

 

[Rickshaw Man]

Quote from nutsojob:

Do you subscribe to the idea that the more people know about a profitable strategy/edge that it will evenutally disappear?

Day Traders golden rule, "never hold a position overnight"

 

[nutsojob]

Quote from Rickshaw Man:

Day Traders golden rule, "never hold a position overnight"

 

[Rickshaw Man]

Quote from nutsojob:

Most traders wont hold a futures positions overnight, to much risk!

 

[Rickshaw Man]

Never a down day in perfect, were the markets are always up, and risk is nonexistent. Just buy the US indexes and watch them go up.

 

[nutsojob]

Most traders wont hold a futures positions overnight, to much risk!

Since it appears that you are unable to answer a simple question I take it from your answer that if eveyone in the world knew about a short term profitable trading strategy then it would still work?

 

[EqtTrdr]

It's freakin scary how the market gaps down huge every day..

oh the fear..


oh the panic...

oh the risk....


"NO FEAR" free money dips$$

 

[nutsojob]

Quote from EqtTrdr:

It's freakin scary how the market gaps down huge every day..

oh the fear..


oh the panic...

oh the risk....


"NO FEAR" free money dips$$

So you also think that making something public and bragging about making money won't dimisnish or eliminate the edge/strategy in the future?

 

[TGM]

Quote from nutsojob:

Most traders wont hold a futures positions overnight, to much risk!

Since it appears that you are unable to answer a simple question I take it from your answer that if eveyone in the world knew about a short term profitable trading strategy then it would still work?

In Liquid market patterns go through a self reinforcing and then a self defeating process. However, when you start talking about some manipulating the stock indexes. Well we just do not have a precedent. So it will not end well. But they can keep things going for alot longer than most realize. Remember all the Hoopla over 990n? The trader there made cash off the pattern and took it to a new level. Who knows how long it will go on. I would never do it blind without other inputs