What is the edge in your trade?

Envelope 6sma 0.03% is my edge, if I get in Long towards the bottom with vague direction, then very high odds it'll hit the other side, worth 5pts on the dax and 3pts on NQ, if it breaks out against SL and exit, with you good odds it'll keep going, if it's not broken out in approx 3 - 4 mins then odds are it'll reverse and better get out.
 
"You put too many of us on ignore. :("

Nope, took him off ignore just now. Forgot I had it on. I think my first day I replied to him about a question he had, but in that reply stated I didn't know what DTE represented and he determined I shouldn't respond to him because obviously I don't know shit about options.

...not that its important if I understand them or not, all that am I now concerned with is that I never misspell vagina.
 
Wheezooo said:
"You put too many of us on ignore. :("

Nope, took him off ignore just now. Forgot I had it on. I think my first day I replied to him about a question he had, but in that reply stated I didn't know what DTE represented and he determined I shouldn't respond to him because obviously I don't know shit about options.

...not that its important if I understand them or not, all that am I now concerned with is that I never misspell vagina.
More...

It would behoove you to not put anyone on ignore. If somebody offends you in some way, just ignore them mentally. Use a "mental stop on their posts" as it were.

Because as you can see, it just leads to confusion in these communal threads.
 
speedo said:
knowing what price is likely to do next (not WHAT it will do next, nobody knows that)
More...

Nobody? That would suggest that market manipulation through large buys or sells is impossible, but I don't think that's true. In fact, even as a small trader in a slow market, I can know exactly what price is going to do next, if I pull the trigger - it's going to hit the bid or ask (depending on my entry direction).
 
ffs1001 said:
Looks like your prediction may well come true - SPX touched the resistance level at around 2940 and promptly proceeded to fall to 2910.

Back to edge - thanks to all the posters who gave some very insightful and knowledgeable responses. It's a shame that a couple of big egos nearly derailed this thread for a while.

My purpose for starting this thread is to see what others thought edge actually was, and how we could mutually benefit from me. The variety of answers has been enlightening.

Happy trading.
More...
You can predict the future. Here are the swings to look for in crude oil for the month of September. If markets are random, this would not be possible.

oil example.jpg
 
@SPX Blaster, good post. I actually trade a lot of commodities based on seasonality. The trades are usually futures spreads as opposed to outrights. There are definite cyclical patterns for sure which are repeatable and trade-able. Of course, fundamentals, market conditions, and world events change from year to year, so nothing can every be a sure thing.

Enjoying your contribution.
 
SPX Blaster said:
I agree about the stupid arguing going on here. I posted my edge in post in the attachment, but it seemed to get little attention. Looking for SPX to go down till around August 31. Showing my live trade too. Short at 2926.View attachment 207560
More...
Sunday open and sp500 could gap down 100 points.
 
You must log in or register to reply here.
Back
Top