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mastacoli71

Registered: Dec 2006
Posts: 2095

05-02-12 02:58 AM

Quote from keeptradin':

Yeah, much easier to take the haircut with Monopoly money, right??

I'm just trying to get out breakeven, but the market is to determined not to let that happen. Amazed at how many straight up/no pullback days we've had this year.

It is crazy how this market seems to move in straight lines at times especially up. Makes one wonder who is pulling the strings. The close today was good to see that things are still somewhat rational if you can call it that.

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mastacoli71

Registered: Dec 2006
Posts: 2095

05-02-12 02:59 AM

Quote from gmst:

You are correct - no comparision between sim and real money. The way market rallied, it just wanted to screw most people in a very fast way. Guys who took the hard trade which was to go long ended up making a lot of money.

If they held which I guarantee most did not.

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mastacoli71

Registered: Dec 2006
Posts: 2095

05-02-12 03:00 AM

Quote from keeptradin':

Wow, came within a tick, then bounced again. I'm starting to feel like Mastacoli...LOL!!

Lol, got to love it when the market flips you the bird like that.

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mastacoli71

Registered: Dec 2006
Posts: 2095

05-02-12 03:01 AM

Quote from Jestersofmalice:

1500 within next month or 2?

I think not but what do I know. Market performance statistically from May through September is not known for rallies.

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mastacoli71

Registered: Dec 2006
Posts: 2095

05-02-12 03:02 AM

Quote from keeptradin':

Covered ES short @ 07, B/E. Feel free to short away now, as ES will likely drop five points in the next five minutes...LOL!!

Seems like lately, outside of scalping for ticks, ES has become basically untradeable after the first 60-90 minutes of RTH. Maybe time to look at some other instruments??

Not much else other then chasing vol on stocks in play. Could also trade AAPL.

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Lawrence Chan
DaytradingBias.com

Registered: Sep 2001
Posts: 5560

05-02-12 03:47 AM

Quote from ammo:

reduce 01.75

NQ breakout failure above prev week high but ES RTH closed right at that boundary.

Tricky.

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