holding 400 units at average 1297.822 of s and p 500 underlying index (not futures please read my earlier posts) thanks mishwar
I know those are just paper trades, but how much would you win or loose with a move of one point in the s&p500?
at the point u asked (thats before i added another 100), i lose 300*50 per point lost in the index plus commissions plus exch pl tax .. can some one tell me what is the typical commission for so many trades .. assuming i pay up the margins .. pro traders and scalpers pl add value .. request .. thanks mishwar
Will someone who knows tell the towel wrapper how much he owes for 400 of the large s&p 500 contracts that are submerged deep underwater. I'm pretty sure he's in it for about 50,000,000 , that's US not friggen rupees.. Seriously this is the best thread ever, the back of my head hurts I've been laughing so hard. Somebody needs to tell him about throwing good money after bad. Hell he probably owns an oil field and could care less.
You got it, youre Trading is cool, keep loading on contracts when your position is taking hits like a Mike Tyson opponent early in his career. It reminds me of a Action hero movie, where the hero keeps shooting because he never runs out of ammo. Plus he never gets hit even though theres a hundred guys shooting at him. You are the" Last Action Trader". I bet you're a riot in a casino. Good luck tomorrow
OK for today .. S n P obviously oversold.. but the bearishness normally continues. one major change - wont be trying to predict except as just a hunch. Today there will be a bounce back after a double bott or higher bott .. hope to catch it .. be there .. Have a cool trading day ! (if there ever was one Thanks mishwar