Haha, that's the truth. Too bad he'll miss out on all the prop perks like full catered lunches and hour long massages right? Least that's how I heard it's done in Chicago
They are a broker. I'll check Velocity out...Ready to man up and move on up! lol Equities still provide some fun...look at today. Who doesn't like spike up, spike down...Referendum cancelled, back on, no wait...cancelled! lol I hope these Europeans get clobbered in the next couple months!
Where did mfbreakout go? We had some nice strength today in oil. Solid A up. I will say this, if anyone here wants to get long risk assets, product selection is key. I would look to buy crude over the spoos.
John, I know you don't trade intra day, but do you like getting into an A signal against the pivot. I have noticed a very noticeable pattern that has made me avoid these trades. Just wondering what you have found!
I've been an interested lurker on this thread for a while - it's been a very valuable resource for me - thanks to Maverick et al for the insights. I thought this article might be something the followers of the thread might appreciate. I think it's an interesting observation PTJ makes that young traders have difficulty in keeping it simple and focusing on the price action: http://www.absolutereturn-alpha.com/Article/1964189/Paul-Tudor-Jones-II.html
Yeah, not a good idea. But if price breaks above the pivot and confirms the A up then you can use the bottom of the pivot as your stop.