Stop 960, Objective 780 Yes, you got that right 10 contracts First big bet in 3 months I know people say "manage risk". Well, I personally don't believe that. I like to put all my eggs in one basket and watch that basket very closely. The noise won't get me out. Can I afford a 15k hit? Yes.
Best of luck, as the end of day rally could be a bitch. Care to post a "why" you are making this "bet"?
care to identify yourself, or previous handles, aka's? someone with a net comments of 3, making a trade recommendation strains credibility... sorry, but it really does....
I'm hoping he'll explain why he's made the move. Otherwise it's just yet-another-random call that belongs in chit chat.
I am just seeing what it's like being accountable to others instead of yourself. no other usernames, sorry. I usually put on "big" positions a few times a quarter. Why now? Patience. I wanted to do this about 2 weeks ago when we had all those "divergences" but I've learned that patience is key and the high is never in when you think it is. So I waited and when I saw the ES +10 last night I knew I would sell weakness at some point. I really trade based on time indicators, distribution calculations, and 14 years of experience. Am I the best trader? No, I made my money elsewhere. Was my 401k and trading account up last year? Yes. Was it up a lot? No. I'll give many more details if this trade works. If not, then i FAIL and i'll go away.
Obama's PPT team's days are getting shorter with the tougher treasury auctions, but maybe they just print money to fund this operation? I closed my short futures position and will get back in after the run-up at the close.