Tough times ahead for daytraders

Discussion in 'Trading' started by piggie2000, Oct 5, 2008.

  1. <i>"The spooz had a 80 handle range today two years ago it would move 40 handles over 6 months!"</i>

    Can easily make more money in a 25pt ES trend session than 80+pt wild slammer like today. This is too much like work.
     
    #31     Oct 8, 2008
  2. trom

    trom

    Just another vote that this is an awesome equity trading environment. In the past couple weeks there have been quite a few 500k+ days for the bigger guys in my office and 50-100k days for the younger guys.
     
    #32     Oct 8, 2008
  3. first thing I thought when I read it...
     
    #33     Oct 8, 2008

  4. Started in spooz and the nasty 6 years ago. Then I traded basis then stopped and traded outright now basis again but I trade a lot of different futures products primarily yield curve and spooz and mini dow but dip my toe into oil and gold every once in a while.
     
    #34     Oct 8, 2008
  5. They are not TRADERS.

    They are investors, and you obviously don't know the difference.

    Welcome to ET.
     
    #35     Oct 8, 2008
  6. Too funny. We're pretty alike. I haven't traded the basis in a number of years but our smörgåsbord of futures products are the same.
     
    #36     Oct 8, 2008