That was yesterday. Today is today. We will see numerous moves towards all time highs in the nearby offing. We've had an ATH already yesterday. Staying long hier
I actually snorted to myself when I read that (and was thinking the same about rallying into close). Well, the market does look like it's got a lot keeping it up....but it also doesn't look like it want's to make it cheap or easy for anyone to catch the break to new highs.
are there any real traders left here? you got the options guys, and they do exceptionally well. kudos with the complex math. the GREEKS how about real traders, directional traders, any here? any left? the kind that go short here, cover, long that? trade off seat of their pants. what about the guys that have a sense for it?
How does knowing how to make money in a sideways (in addition to bull / bear) market make my trading any less real?
You ask where all the "real traders" are, and imply those of us making money on options aren't real traders. I suspect my bill collectors think my options trading is real. And I don't understand where knowing how to make money when the market stagnates, in addition to directional plays makes options traders less of a trader.
Well yes, and I keep my posts here to the ES or market generally (except that one I did on SPX...but isn't that kinda the same thing?). It doesn't make the bulk of my profits (options trades) any less real.