Kudos to MMs

Discussion in 'Chit Chat' started by nitro, Oct 23, 2008.

  1. Nine_Ender

    Nine_Ender

    POFVF says "Look at me, you cannot defeat me. I am predicting a massive bull market". FV says "Look at me, I predict a massive market correction.".

    Surprisingly, the same guy produces both numbers. He's nailing the future SPX within 340 points. In other news, Nitro is predicting the Super Bowl. Its either the Patriots by 30 points or the Giants by 26 points. He's predicting both.
     
    #4261     Jan 25, 2012
  2. nitro

    nitro

    S SPX 1321.20.

    <table border="1">
    <tr>
    <th>Date</th>
    <th>Action</th>
    <th>Price</th>
    <th>Units</th>
    <th>PnL</th>
    </tr>
    <tr>
    <td>Dec 20, 2011</td>
    <td>Sell to Open SPX</td>
    <td>1229.89</td>
    <td>2</td>
    <td>Open</td>
    </tr>
    <td>Jan 11, 2012</td>
    <td>Sell to Open SPX</td>
    <td>1288.60</td>
    <td>1</td>
    <td>Open</td>
    </tr>
    <td>Jan 25, 2012</td>
    <td>Sell to Open SPX</td>
    <td>1321.20</td>
    <td>1</td>
    <td>Open</td>
    </tr>
    </table>
     
    #4262     Jan 25, 2012
  3. GTS

    GTS

    Interesting, previously three units was considered the maximum position you would take, now you are short four.

    I guess if you can let a position go 100 points against you and you can keep averaging down as much as you want sooner or later you will hit break even but neither is realistic for someone trading with real money.
     
    #4263     Jan 25, 2012
  4. who trades with real money on et?
     
    #4264     Jan 25, 2012
  5. daily chart
    IHS spx

    getting near to target
     
    #4265     Jan 25, 2012
  6. nitro

    nitro

    SPX, 1331.68. FV, 1183.93. OFV, 1331.37. POFVF, 1476.40.
     
    #4266     Jan 26, 2012
  7. Pekelo

    Pekelo

    Q: What is 2 hunderd fiddy points underwater between friends?

    A: A submarine...

    For those who can't stand the pain and see Nitro selfdestruct, here is a pic to brighten your day:

    [​IMG]
     
    #4267     Jan 26, 2012
  8. [​IMG]
     
    #4268     Jan 26, 2012
  9. noddyboy

    noddyboy

    There is no multiple equilibria, Nitro. Fool and money part, not converge.
     
    #4269     Jan 26, 2012
  10. [​IMG]
     
    #4270     Jan 26, 2012