Toughest trade in the world: S & P 500?

[IndexTrader]

Even in Vegas, you'll find a handful who manage to make a living.

Not the case for the majority though.

Is that so hard to understand?

 

[IndexTrader]

How about a "counter-efficient" system?

Quote from saschabr:

I would not even consider the ES very efficient.

The most efficient market I've ever seen is the Bund - Future (FGBL).

For normal human-beings is appears it is absolutely impossible to be profitable in this market, no matter what systems, they seem all useless.

 

[monee]

14:55 EST oh my god

 

[T-REX]

Quote from IndexTrader:

The fact that most systems on the S&P fail over a period of months/years, is testament that the futures index is *currently* not tradable with positive expectations.

It is investable, but not "positively tradable".

I disagree.

I have been profitable in the ES since 1999.

 

[IndexTrader]

You must be inside the mosque in Fallujah.

Quote from monee:

14:55 EST oh my god

 

[T-REX]

I'll throw you a Bone.


get ready to go long the ES @ 1143.00

Initial profit target is 1145.75
2pt stop loss.

 

[T-REX]

get ready to go short ...............

 

[monee]

Its going to take discipline not to get out of this early

 

[T-REX]

sell ES @ 1144.25 Limit

 

[IndexTrader]

Looks like a small-cap rally, not big money.

Quote from monee:

Its going to take discipline not to get out of this early