Fj is no stranger, lol. Here's the great part, that's not a rhetorical question when he says "why stay out of news releases, that is where quick money is made". Dude must have a few dent repairs on his big ol brass clankers, lol. He ain't about to rules based trade. Mark my words. Doing stats is not in his blood. Somebody else may read that and think, 'It cant be that simple. ...canit?' Go see. lol.
I've turned $35,000 into $47,000 since the Jackson Hole speech. So whatever I've been doing lately has been working (knock on wood cause this morning was almost a disaster). I have decided to only trade S&P Futures. No more currency pairs. I may consider commodities in the future after finishing a book I'm reading. I may completely change to options on index funds as well. I'm not opposed to algorithmic trading if it works. My current brokerage (Schwab) won't even allow that. I would have to change brokerages.
"I've turned $35,000 into $47,000 since the Jackson Hole speech." Fj, what has that to do with the topic of this thread - "why stay out of news releases, that is where quick money is made"? Are you purposly skirting the question's response that I posted? No problemo. Just post something like Not Interested, lol. Save us both time, my man.
Hedging a measly $10,725 is not worth the effort IMO. You would be better off just closing the position and reenter. IMO you seem to be after some holy grail that doesn't exist. Yes, some trading strategy do work better than others. But it ain't something you can earn for free by merely asking for it on a public forum.
I am really not trying to pick on him, just being factual. It's unfortunately worst for him than others, because even if someone did give it to him for free, he wouldn't believe it's real or works.
Stop pretending you're successful. I've been trying to ignore you since you started replying to my threads.