S/R Emini Journal

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Quote from JimmyJam:

Yeah, bro.

Pump and Dump

if you made a go of it in the restaurant business you can definitely win at this game (I was reading that stupid "edge" thread last nite). Man, with all thos folk trying to rip-u-off and take what cha have (did you have a bar :eek: !), this should be child's play to ya.

Later,

JJ
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Yes, I wouldn't say it was stupid :), but they all seem to want to over-complicate trading, taking it to a totally different level, to have an edge over the pros - COME ON! just trade along side them and make more money than lose - that is THE edge to me.

BTW, I did have a bar and used to play a lot of Latin stuff, chicks love it!
 
Quote from romik:

I am staying put until the price "digests" the announcement a bit, I doubt I'll scalp today, though will see to either re-enter the positional short or vice versa.

EDIT: Gut feeling - we're going DOWN :D
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I'm with you, Romik. Generally I don't like to trade Fed announcement days because all I have is Bloomberg TV telling me hike or no hike and the boys on the floor tend to be more interested in the text of the decision.

This is a situation where I am at a clear disadvantage and just sit on the sidelines as the price slingshots in both directions.
 
Quote from boro45:

I'm with you, Romik. Generally I don't like to trade Fed announcement days because all I have is Bloomberg TV telling me hike or no hike and the boys on the floor are tend to be more interested in the text of the decision.

This is a situation where I am at a clear disadvantage and just sit on the sidelines as the price slingshots in both directions.
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I will re-enter positional based on closing prices today.
 
Quote from romik:

they all seem to want to over-complicate trading, taking it to a totally different level, to have an edge over the pros - COME ON! just trade along side them and make more money than lose - that is THE edge to me.
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That is what I consider an edge as well. If you try to trade like and with the big guys you should come out on top. If you will keep it simple. I totally agree and I try to get others to see this point as well.

G
 
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