Gotta love ZERO RISK in the SP500 = $$$

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

  1. S2007S

    S2007S

    ERY now $30.64, sold it at $29.22....I hate that....

    :mad::mad::mad::mad::mad::mad:


    good thing is I got rid of GUSH @ $14.75 now its trading near $13

    :p:p:p:p:p:p
     
    #9941     Sep 9, 2015
  2. You're not perfect S2, fortunately successful trading doesn't require it. Nice job:cool:
     
    #9942     Sep 9, 2015
  3. S2007S

    S2007S


    True.....Ill just wait for the next ERY dip!
    The toughest part about this market is when to take profit, with the one day up 300 points and the next day down 400 it gets kind of tough to time it...I had a beautiful profit in UDOW at the open but decided to instead sell it let it ride, instead I sold my SVXY and GUSH and held on to UDOW just in case the market was going to trend higher, well now of course I have a very small gain in UDOW and deciding to just hold it another day or two or week!
     
    #9943     Sep 9, 2015
  4. i960

    i960

    1940.25 long filled.

    BUY.
     
    #9944     Sep 9, 2015
  5. romik

    romik

    Do you mind if I could make money now?!
     
    #9945     Sep 9, 2015
  6. Entries are easy, when to get out is hard part, imo. When I think smthg has chance to run I'll take a little off table, let rest ride. I feel good about locking in some profit, getting a bit breathing room, let rest ride see what happens. I hate outright loosers! Esp those that were once in the $. Worst part is I give back a bit of the profit on the "rider", but don't outright lose.
     
    #9946     Sep 9, 2015
  7. s2007s: you seem to trade almost in a "neutral" manner...So you're long some etf's, long some inverse etf's and then you close out the profitable side...But you're in a drawdown on the other side of that trade...Granted if you are good an entering, good at exiting, it works...

    It's kind of like trading options spreads...you leg in one side, leg out the other, etc...
     
    #9947     Sep 9, 2015
  8. romik

    romik

    That's where '95% lose' comes into play.
     
    #9948     Sep 9, 2015
    jimmiebarton likes this.
  9. i960

    i960

    If entries were so easy and exits so hard you'd just make a shit ton of trades and lock in profits with a stop. Repeat over and over again and build up capital.

    Truth is it ain't that easy. Both entires AND exits are difficult - plus you've got direction as well.
     
    #9949     Sep 9, 2015
    londonkid likes this.
  10. Then again, good entries will make good exits easier...
     
    #9950     Sep 9, 2015