The S&P has topped

Discussion in 'Trading' started by volente_00, Mar 1, 2017.

The S&P has topped

  1. Yes

    39.0%
  2. Hell no you are smoking crack

    61.0%
  1. Max E.

    Max E.

    Damn was thinking about shorting the ES right when the news broke on Trump yesterday, but didnt pull the trigger could have been in around 2390, then by this morning it was too far gone imo missed a good one here, oh well.
     
    #581     May 17, 2017
  2. RRY16

    RRY16

    You fell under the spell of SNAP
     
    #582     May 17, 2017
    Max E. likes this.
  3. speedo

    speedo

    Max, I take it you are a swing trader as it's been day trade lotto city today.
     
    #583     May 17, 2017
  4. Max E.

    Max E.


    Depends on the instrument, I swing the triple leveraged ETF's and the index, i day/swing trade stocks, yeah there has been lots of good stocks out there today, but this one would have been a homerun.
     
    #584     May 17, 2017
  5. speedo

    speedo

    gotcha..
     
    #585     May 17, 2017
  6. Max E.

    Max E.


    Even though i missed this chance on the ES im not too upset, cause i know i will more than make up for it shorting UVXY, or TVIX at the appropriate time, those 2 are the best way to play the bottom when the ES makes a big move down, as they naturally deteriorate over time.
     
    #586     May 17, 2017
    speedo likes this.
  7. volente_00

    volente_00

    And the low was ?

    :finger:
     
    #587     May 17, 2017
  8. trdes

    trdes

    but I am interested to know did you trade it? thats all that counts, I had 58 and it bounced 8.5 points off of it but too chicken to buy, so doesn't really count.
     
    #588     May 17, 2017
  9. Pekelo

    Pekelo

    We closed both gaps from Apr 24-25th, I expect a bounce in the next 5 points...
     
    #589     May 17, 2017
  10. trdes

    trdes

    wow, such a great day to day trade, can't believe I didn't do better. Missed the long from earlier, nothing can do now but wait for tomorrow.
     
    #590     May 17, 2017