Gotta love ZERO RISK in the SP500 = $$$

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

  1. Stopped out, turned a winner into a loser. Need to take more profits when its that much in my favor these days.
     
    #17931     Feb 9, 2018
  2. SteveM

    SteveM

    Sunday night gap-up could be in store if we close strongly here.
     
    #17932     Feb 9, 2018
  3. +69 handles profit on the day
    16 trades
    4 losers 12 winners.
    Never known volatility like it

    I know I could just have easily lost 69 handles, but damn, it's fun when it works!
     
    #17933     Feb 9, 2018
    nickynoes, Visaria and SteveM like this.
  4. SteveM

    SteveM

    Wow, very strong finish here.
     
    #17934     Feb 9, 2018
  5. i960

    i960

    Mindless buying rewarded as usual, folks. Time to break out the "I survived the Feb'18 1-week long bear market" tshirts.
     
    #17935     Feb 9, 2018

  6. Yea, not so much!!! :)
     
    #17936     Feb 9, 2018
  7. Unlike the "mindless selling"? Well at least the shorts finally made a little money after predicting 20 of the last 2 corrections.
     
    #17937     Feb 9, 2018
  8. Buy1Sell2

    Buy1Sell2

    The selling was finally exhausted. Certainly, we could drop again perhaps and create a new low but the bottom was definitely in at least for swing time frame.
     
    #17938     Feb 9, 2018
    MKTrader likes this.
  9. Buy1Sell2

    Buy1Sell2

    Day was decent with just one trade and commission and a gain of 37 pts. I was early with my trade but set my stop accordingly. I still am long with my swing trade and it is about 20 pts to the good right now.
     
    #17939     Feb 9, 2018
  10. Yep, and textbook bottom on the daily charts: S&P 500, Russell 2000 and other indexes tested 200-day MAs and bounced up violently, hammers all over the place, high volume all week indicating capitulation, etc.
     
    #17940     Feb 9, 2018
    Buy1Sell2 likes this.