Reducing risk. Stop moved to break even. Won't be taking a loss on this one. Likely hold over weekend.
And if it gaps down?
Reducing risk. Stop moved to break even. Won't be taking a loss on this one. Likely hold over weekend.
long S&P Sept Fut 2466.38 (CFD) 4 point stop.
And if it gaps down?
So you mean if something big happens over the weekend and the futures open up on Sunday heavily down by dozens of points, your broker will pocket the loss and let you get out at your stop price even though the first print might be 20 or 30 points lower?It's closed now but I had a guaranteed stop with broker hence zero gap risk.
So you mean if something big happens over the weekend and the futures open up on Sunday heavily down by dozens of points, your broker will pocket the loss and let you get out at your stop price even though the first print might be 20 or 30 points lower?
Not criticizing, just asking because this is in fact what would have to happen for your broker to guarantee the stop.
That is crazy. If a nuclear bomb goes off and we open hundreds of points lower, then what? Where does the money come from to guarantee the stop prices? Perhaps the shop will be taking positions themselves based on what is outstanding to essentially hedge themselves?Spread betting is essentially betting, you pay extra spread when placing guaranteed stop loss orders.
That is crazy. If a nuclear bomb goes off and we open hundreds of points lower, then what? Where does the money come from to guarantee the stop prices? Perhaps the shop will be taking positions themselves based on what is outstanding to essentially hedge themselves?
Bulls are just to relentless
After option expiration I will start a new thread for the next inflection zone since this one is no longer valid
Do you even make any money doing this Lol? "80% chance the snp has topped" you sound like a fortune teller. Are you paper trading lol?
Also to your remark about options being a losing game, have you ever bought quality deep in the money options 9-12 months out? If you are buying cheap options, you get what you pay for.