Gotta love ZERO RISK in the SP500 = $$$

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

  1. yea ...its just too high. Upside potential seems very limited whereas downside has high conviction..at least for some profit taking down moves

    I thought london would take it up to 2020 easy...at 2010 it got very hesitant and by 2012 I had my finger on the mouse...was lucky to get anything above 2012...since then it just got weaker and weaker

    visaria was trading london session to on this thread
     
    Last edited: Oct 9, 2015
    #11161     Oct 9, 2015
  2. Max E.

    Max E.

    Short at 2012 was a no brainer from a pure risk:reward standpoint, dont know why i didnt take it only had to risk 2 points to possibly make 20. You can be wrong an awful lot if you only take setups with that kind of R:R.
     
    #11162     Oct 9, 2015
  3. well its the open and that alone can get whipsawed enough to pass on the trade

    now we are in clear profit taking
     
    #11163     Oct 9, 2015
  4. Max E.

    Max E.

    Yeah still got to be a little careful on the short side here though the market loves to go just through the days lows to fuck everyone then reverse.
     
    #11164     Oct 9, 2015
  5. Visaria

    Visaria

    was stopped out at 2377. was out of gold at 51, out of yen at 25...all small losses
     
    #11165     Oct 9, 2015
  6. Max E.

    Max E.


    I like the ideas, its just all about timing with those, but we cant be far from a pull back here.
     
    #11166     Oct 9, 2015
  7. Visaria

    Visaria

    if nasdaq hits 4370, i'm gonna go nuts and really buy 5x my current position
     
    #11167     Oct 9, 2015
  8. some late runners to the party holding things up. aapl decided to catch up from yesterdays hesitation and biotechs which were a bit hesitant yesterday are running

    biotechs pulling up the nasdaq
    apple pulling up the Dow
    spx staying with them
     
    #11168     Oct 9, 2015
  9. Visaria

    Visaria

    screw the pull back, just BUY!!!!
     
    #11169     Oct 9, 2015
  10. euphoria is back

    sell sell sell :D
     
    #11170     Oct 9, 2015
    lawrence-lugar likes this.