I figured we were due for an up bounce but not 100% sure so in the aftermarket yesterday I bought 2 measly ES at 1190.75 at 5:00 PM or so. Well the bounce did come this morning and got out at 1196.25! That 1190 on the SPX is like a magnet right now.
E-mini S&P500 Futures DayTrading Oct 11 : Short Entry : 1195.25 This is my customer's filled price. I moved stop to entry. tonight will be win or no loss. Please enjoy my winning. chatroom@rc-traders.com
FOMC Minutes. Hi, Please teach me about "FOMC Minutes" of today. What is this ? I know this is not announcement. Is this just review of previous FOMC documents only ?
The fed minutes? Sure...its the average amount of time each fed member spends on the toilet each day. You have got to be kiddding me. You come on here wanting people to follow your trades and you dont even know what fed minutes are. Very frightening. If you seriously want to get suckers...I mean people to subscribe to your service, I would keep those beginner trader questions off of here. I saw you posted you a e short EP about 3 points higher...would be nice to see your trades before the fact and not from a higher level after the market craps out.
and that trade just crapped out when you moved your stop to break-even (1195.25). Oh well, at least it's better than a 7.0 pt ES loss! (twice in a row- jeez, I'd be surprised if you have ANYONE willing to pay you cash money after a performance like that, much less a G a month!). Come on RC-Trader, you should be paying us so we can teach you how to trade! Later, JG P.S. And in case you didn't notice, I don't want your free advice on how to enter losing trades. I was really hoping you had a winning edge so I could learn something, but I see you don't, you use random probability and set a huge stop. I'll stay with my own edge, thank you very much! At least I use logic (uh, if the market is going up, Buy, if the market is going down, Sell) ...
what is the FOMC???? The minutes RC are a more detailed look of what happened in the meeting that just took place. Some investors see that the fed raised the rate... others like to look at the minutes to see what the general consensus was. If everyone wanted to raise rates... it may be a sign more increases to follow... if 2 or 3 thought they should pause... it may mean that a pause is more likely to happen sooner rather than later. All in all, no one really cares, except when the markets become range bound and traders are looking to positon holding longer term. Just my opinion.
Thank you, protrader-2K5. I understand well. My chatroom's stop was 1194.00. It was small win. ok, good night.
Wow....1195.25 stop and you claim you covered at 1194....some hell of a system you have...the guys at TT must be shaking knowing there is a system out there that fills stops at a price better by 5 ticks.... Man..are you serious....first you post a trade after the mkt is 5 points in your favor...now you claim you covered before your stop after the mkt ran through it....your credibility is plummeting....
He got a winner! He's on a roll now! This guy was originally charging $250/month when he offered his service in the other thread. When that thread closed he kept posting his results on his site and they looked good. Of course they couldn't be confirmed. He then rose his fee to $2000/month. Yeah you read it right. So he must think he's got something so good people will pay whatever he charges. Let's see your broker statements rc if what you offer is so valuable.