Coach, like you I trade a non directional model but we use the SPX. Riskfree as used the same pack of lies with me for weeks where he wrongly assumes I am on the otherside of his useless calls. I dont even trade and NDX related products. This is all part of his game, he screams glory about the handful of calls which work out if even just for a few points his way. He denies and sweeps all the pathetic bad calls under the rug. Then he runs around trying to tout his fragile ego and belittle as many people as he can. All this while he accuses all those who expose his pack of lies and rubbish as being bag holders. He also displays the magical power to see into your account and is sure not only are all those who expose him broke they all take opposite postions from his. Dont forget he called Goldman Sachs a bag holder at 120 in crude, he was sure he knew they were long and he was sure that was the top.
Got tired of fighting the SPX spreads but the downside of NDX is less strike selections... weighing of good versus bad...
In the attached image, risky takes a break from hunting bulls in favour of different prey. The approach is pretty much the same.
I understand. We allow our orders to be shopped off floor and we take other order flow in exchange which does a reasonable job of eliminating the spreads issues.
Yeah that is the only way to do it, have it go down to the floor. ToS was doing that for me for a while but now so used to NDX I strayed away from my first girl (SPX).
I just checked the market and the anti-OC posts indicator. NDX is now at 2022. anti-OC posts indicator was issued at 11:18AM at the first appearance of today's high. Short position is now up +10points. The Anti-OC posts indicator has done it again. It is flawless so far to nail areas of tops and bottoms ( and definitely flawless in nailing profits). Readers: Thank me for noticing it, and thank OC for stating his feelings so that you can fade them and make sure profits out of them. You see numbers tell the truth, and are reliable.
I just took off this position at 1:10PM, with NDX at 2020. 12 NDX points profit. I just faded the bagholders when they showed in large numbers here, and also faded OptionCoach, and I stated my trade right here in this thread as indicated in the above post. Bagholders: did not I tell you that when you are very bullish it is a top, and when you bearish it is a bottom? The evidence is here, the jury is out again, and RFT (God bless him and his good readers) has naild the bagholders again
You forgot your short position at 2017 which is at a loss right now, could be up later today but so far your short is down. How sad... short-term memory loss.