This has got to be the easiest money ever made, I feel sorry for folks who cant find a job. They should open an account with IB and buy index futures on dips and do just fine. They never go down for long thats for sure, the do fall but not for long. Dont get scared if your a little early on your dip buy, have no fear, it will always come back guaranteed.
I seem to recall a stretch where we got a daily thread from you that said trading the index fut's was too difficult. You didn't seem to have your permabull stature then... All dips and corrections test the bull in all of us, incl mymini!
http://www.elitetrader.com/vb/showthread.php?s=&threadid=88347 http://www.elitetrader.com/vb/showthread.php?s=&threadid=88459 http://www.elitetrader.com/vb/showthread.php?s=&threadid=88380 There's a few where your bullish, easy money stance sure looked a bit shaky... If you were bullish, you should have been buying as much as possible during those 'dips', right?
I'm new to the site but not to trading. Only do S&P's, in the market everyday. I used to think trading the S&P's were a blast but since reading myminitrading posts I stand corrected. Reading this thread had me in stiches! I loved it! I haven't belly laughed that hard for a long time. I hope this trader never stops telling the stories (I also pray never more than one contract is ever traded). Thanks!
I did buy, I bought this candle the next day on 3-15-07. But your right that shakeout just about had me pulling my hair out. I will start posting more of my trades in realtime again on this thread.