The S&P 500 has topped at 2430 on 6/1/17

[propwarrior]

Sure you did

Where is your posted trade with stops and entries ?

Here is the fill. Note time and date bought low of week & month in Sep Dow with 50 point stop. Currently 300+ up and it's a swing position. This is my personal play account main account is prop. Good weekend.

 

[propwarrior]

Retail shorts are peanuts compared to institutional money

In terms of volume yes but they are a subset of a larger group of losing participants. It's one thing I track. GL

 

[volente_00]

Playing with momo is like playing musical chairs
Sooner or later, the music stops and someone is left standing

 

[volente_00]

Here is the fill. Note time and date bought low of week & month in Sep Dow with 50 point stop. Currently 300+ up and it's a swing position. This is my personal play account main account is prop. Good weekend.


View attachment 175628 View attachment 175627 View attachment 175626

Tell me more about spread betting

Is it allowed in the states?

 

[volente_00]

Shorted ES 2457.5
Stop 2460.5
Objective is 2425.5 next week

Stopped


Time for a cold one

 

[beerntrading]

And I just closed the top (short) half of that.

I don't like the chart pattern on a lot of heavy hitters in the S&P. Building signals are pointing to a selloff this afternoon.

@volente_00 might end up looking quite clever for the short term here. Even if off by a point.

Well, I was right on the late day selloff at least...lol. No matter, still capped off my third consecutive top-10 day for the year, and the 3rd or 4th best week (though unrealized).

Sittin' pretty on a nice bullish portfolio.

 

[DDR]

In reply to the thread heading:
Top and bottom callers are never right unless they stay with the same story line. Eventually they will be right.
Thats not trading but it's safer than making calls and being wrong

 

[Buy1Sell2]

Newsflash

All tops start from all time highs

FALSE

 

[Joe_D]

Sounds like it's time to buy volatility

No Sir, not yet, but close. Vix > 12.57 = trigger pull

Patience is a virtue in a bear or bull market. Its also a supreme virtue in love-making esp. when accompanied by ultra-low frequency growls when trigger is pulled.

Anything short of this is aptly named, "premature ejaculator"

 

[Joe_D]

Newsflash

All tops start from all time highs

Your magnificence, I know you mean well but you cannot say such things to the masses, it causes them great pain and constipation

Be gentle by pointing out that the actual TOP was October 2007. The upwave from March 2009 to July 2017 and ongoing, is the sucker wave to rope them all back in by convincing them the danger is all past as '07 top was eclipsed

Then when all are aboard, an adult male bear in its prime will oversee the downwave to well below March 2009 low. He will show no mercy.

For info purposes only, it was his cub that administered the downwave of 2008 into March 2009 low.

However unbeknownst to you and almost all others is that both the cub and adult bear have a singular weakness - they will not violate the LAWS OF TREND

That's why I stay IN.