Man I am making some serious$$$$$$$$$$$$$$$$$$ this morning good thing I bought the dips and averaged down from yesterday.
Agree here Hels. I do the opposite of Eqttrader. I go long individuals stocks and short some ETFs to hedge my long when the markets reach certain points of low return. Not there yet, so I am 100% long right now. No hedge.
thats great... but you are missing the whole point about trading futures!! LEVERAGE BABY$$$$ No risk + leverage = Ka friggin' chingo $$
Markets rebounding huge again no one wants to be left behind everytone wants to make $$ Load up on: AAPL, GOOG, MA, AMR, RIMM, CHAP, BIDU, TIE, GS If you are short you will lose moeny next week. Too much buying. The 'money men' who run the markets dont want it to go too low!! There is no such thing as bad news. Huuuge rally next week. 22 days left in december.
I love how just a few weeks ago you said you were never trading index futures ever again, you traded soybeans now. You better get your story straight.
Show me were I said never again, I did say after I road it up from 11300 to 12000 and cashed out I was going to wait and not buy. But I am not stupid, you see that market is talking and I am listening, you should try it some time, then you will be a professional like me.
This whole thread is great entertainment. One guy says the mkt is way too rich...cant wait to short. Then nothing. Then mkt goes up and he's long. Then we have a pullback...gets quiet around here. Thats the great thing about fantasy trading on a chat board...if you are wrong...just keep quiet until the mkt goes your way. This place makes for great lunchtime entertainment. I enjoy these two...are a riot...but I highly doubt they are trading any kind of serious money.
Werent you the guy who was trading a small account from home? Not sure if that qualifies as a professional. I could be wrong........