Contract Unit
$50 x S&P 500 Index
Minimum Price Fluctuation
Outright: 0.25 index points = $12.50
Why on earth do I see levels in this chart that can't be traded - ending with .11, .17 and .14 - it just makes no sense to me
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Contract Unit
$50 x S&P 500 Index
Minimum Price Fluctuation
Outright: 0.25 index points = $12.50
Why on earth do I see levels in this chart that can't be traded - ending with .11, .17 and .14 - it just makes no sense to me
Up and down : a larger timeframe will tell you what to do"What do you do when a stock price is moving up and down?"
Well, I suppose you could open both a long and a short position, with the same stop, and see which one wins?
GO
if you mean the uneven numbers just ignore them..it is a common problem with MT5 charting for futures..it is the area on the chart that is important.. not the actual price level!
GO,Up and down : a larger timeframe will tell you what to do
Of all the distractions... how important is THIS concept?
Up and down : a larger timeframe will tell you what to do
GO
Change to a different time frame where you get A or B. If you can't get A or B then either sit on the sidelines, or try a different stock, or instrument, where you can get A or B.
https://www.elitetrader.com/et/threads/why-is-the-obvious-not-so-obvious.151802/page-17#post-2344221
Of course, if you only ever trade when it's A or B then it will always be BHASH or SLABL, which I guess is kind of obvious.
TIME
Of course, if you only ever trade when it's A or B then it will always be BHASH or SLABL, which I guess is kind of obvious.
Even if we don't know exactly what the obvious is, maybe just doing BHASH/SLABL trades might be a step in the right direction?
Psychologically it can't be easy though; buying when price has already gone up, or shorting when price has already gone down.
Do many traders do this?