Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. wedge forming on the TF...yes looks green
     
    #10911     Oct 7, 2015
  2. No, I avoid futures (I do trade some futures options), but I find that I can get a bit panicky when stuck in a futures trade..(I did trade alot of them back 10-15 years ago when I could still trust my eyes and the charts...)

    I trade lots of IWM options though...same levels and such as RUT/TF
     
    #10912     Oct 7, 2015
  3. Max E.

    Max E.


    Oh, now i get what your saying 100%, just was misinterpreting it.
     
    #10913     Oct 7, 2015
  4. yes thats why I ditched that last trade for a small gain....very much trap and harvest going on here..very much

    when the market gets back up near its all time highs and the Fed is out of bullets... trap and harvest becomes a hard and fast tool of the longs
     
    #10914     Oct 7, 2015
  5. yes...all started exactly on 10/1...literally the entire m.o. flipped the switch.
     
    #10915     Oct 7, 2015
  6. Max E.

    Max E.

    yeah i made good money on the short but cant bring myself to go long, but this is setting up to be a gigantic fucking short trap, the squeeze is going to be big if we take out this high.
     
    #10916     Oct 7, 2015
  7. looks very green...actually trap and harvest both long and short..as per the algo boxes
     
    Last edited: Oct 7, 2015
    #10917     Oct 7, 2015
  8. Max E.

    Max E.

    here she goes, lol right now just thanking my lucky stars im not still short having to deal with this shit.... hahahahaha :D
     
    #10918     Oct 7, 2015
  9. Max E.

    Max E.

    btw, at the risk of sounding vain, there is a big lesson to learn here for anyone actually trying to learn from the calls on this thread, both me and pricechange were short, and we profited off of it, on a day where the sandp has the potential to fuck alot of newbies holding out for a home run.

    If your a pro, always make sure you pay yourself, and you react when things change at a reasonable profit.
     
    #10919     Oct 7, 2015
  10. funny the exact line I have drawn in IWM and this thing is just sitting on it now...
     
    #10920     Oct 7, 2015