Gotta love ZERO RISK in the SP500 = $$$

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

  1. Max E.

    Max E.


    Once we bounced the second attempt at a high there is no doubt in my mind, im pretty large short average 2069.75 now. Straight market psychology, people are going to want to sell before the weekend after the last 2 30 point gap sundays.

    In the interest of fairness i took off half at 2067.5 so the trade is free, who knows what That old battle axe Yellen is going to say, its probably a cowardly move on my part, but this week has been tough for me so im playing it safe. The trade is free now.
     
    Last edited: Jul 10, 2015
    #7751     Jul 10, 2015
  2. Max E.

    Max E.

    Ok done now, ready to sell, i was worried shed say something that would set the market off.
     
    #7752     Jul 10, 2015
  3. noddyboy

    noddyboy

    I am up, but given the risk, it is relatively small a gain, and I am out.
     
    #7753     Jul 10, 2015
  4. Max E.

    Max E.

    LOL, Pisani on CNBC just now, "You see that 20 point gap up in the market, thats incredibly rare" Except the last three days.
     
    #7754     Jul 10, 2015
    i960 likes this.
  5. Max E.

    Max E.



    Im out, not the action i was expecting, going to kick myself if it sells off, but these roll overs arent going anywhere so if its not going down its got to go up. Made a few hundred but had dreams of a five figure trade in my eyes :D
     
    Last edited: Jul 10, 2015
    #7755     Jul 10, 2015
  6. i960

    i960

    How do you guys not put a hammer through your televisions with CNBC blaring out of 'em? It's just raw sewage masquerading as "content."
     
    #7756     Jul 10, 2015
  7. Max E.

    Max E.

    This is looking like a great call, i guess smash the shorts into the close was the play.
     
    #7757     Jul 10, 2015
  8. Max E.

    Max E.


    Mostly its just for the noise, I find if i listen to music i get too jacked up, lol, nothing beats buying the fuck out of a stock when something like this is playing




    Then the song changes to katy perry, reality sets in, and i realise im long 10k shares of some dog of a company with no way out, and i go from hero to zero in a heartbeat. :D
     
    #7758     Jul 10, 2015
    FCXoptions likes this.
  9. AT THE HIGHS OF THE SESSION CRYS CNBC.....Looks like they will close it at the highs. Sunday will be one big gap up so load up now.
     
    #7759     Jul 10, 2015
  10. Max E.

    Max E.


    LOL, your probably right, but from a pure R:R perspective its a stupid trade, Chinas and europe are going to trade before us on sunday it could just as easily be another 20 point gap down.
     
    #7760     Jul 10, 2015