wtf was that at 4pm. huge high vol selling

Quote from trader225:

Woe is me.
When will I learn?
When the ES goes up/down, it is for a reason, even though I cannot guess what that reason may be.
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Someone with 1mill real money account would not be talking like you or he wouldnt have that 1 mill very long. Is this position a real one? (sorry just asking)
 
Quote from Bogan7:

Someone with 1mill real money account would not be talking like you or he wouldnt have that 1 mill very long. Is this position a real one? (sorry just asking)
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He is not holding that many contracts.
 
Quote from mde2004:

He is not holding that many contracts.
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I didnt think so because even with a 1mill account 89 minis is WAY too much exposure for anything more than scalping certainly too too for one who averages down (my oponion only)
 
Quote from Bogan7:

Someone with 1mill real money account would not be talking like you or he wouldnt have that 1 mill very long. Is this position a real one? (sorry just asking)
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It is real. Right now I am down about 1 pt. on 89 contracts. I have lost the capacity to add and average, so that is just an approximation. That amounts to about 90 ES points, which is, I am estimating, about $4500. But, I take comfort in the fact that during RTH I made about 10K, so I am still up on the day. I realize the day will change soon, so I may be down on tomorrow. I haven't given up yet. There may be a light at the end of this tunnel. If I get run over, so be it; that's what taking a risk is all about.
 
The whole thing does strike me as a bit of a wind up. ES typically moves up and down in a narrow directionless range during the overnight session. No serious trader would behave in the way this guy is doing. It is amusing though. :p
 
Quote from notouch:

The whole thing does strike me as a bit of a wind up. ES typically moves up and down in a narrow directionless range during the overnight session. No serious trader would behave in the way this guy is doing. It is amusing though. :p
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Like Paris Hilton, I am here to provide entertainment. Enjoy the show.
 
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