oh funny thing happened today by the way, I saw alot more order flow coming into LU on the specialists than I have in a long time. Does this mean that some of you are trying to trade it? Please do fess up, I enjoy friendly competition, besides my babies need to eat!
took the day off today. early doctors appointment and some yard work, a little meeting with my CFP and my days done. I will be back at it on Monday. have a good weekend everyone
I tried playing with him for a few days, but just couldn't get your results or anything close! I don't have the cost structure to make it worthwhile. Was a good week this week, traded 4 days and made around 16k, maybe a little more! I have expanded into futures, and my first trade yesterday was good. I am running 5 strategies in that account on varying time frames, should provide a nice income stream. Good trading to all! Mike
Who cares if you are a one trick pony? Most people in this business are -1 trick ponies, at best. Ride that pony!!!!!!
Just out of curiosity, what futures did you expand to and is this your first attempt at futures? I do only futures myself (index, currency, little bit of interest) but am considering expanding to stocks Some of my strategies seem to work very well in stocks. The difficulty in expanding for me is that it is very difficult to follow so many instruments without beginning to missing opportunities and hence the expansion may end up doing more harm than good. Trent
I had an order ready to go w/ my finger on the trigger, but I chickened out because I just felt like I would be paying for your next vacaa. lol Jumped in SWN today at 51.07, looked solid because of the support at the 13 day ema - yeah, no! Got stopped out at 50.40 (the day's open) which is cool. $374 to the south. Still holding NTRI - waiting until earnings on the 27th. Post blotter at the EOD
I am trading the index futures, not e-mini's, the Big contract. I have a ST bonds system, a ST S&P, a few strategies for most of the other markets that trades a few times a year. I am using a broker to make sure I don't miss opportunities. He has the rules and is responsible for sticking to them, I check in with him a couple times a day. My strategy is to manage the risk on the positions and trade a basket of strategies similar to the way I trade equities. The goal is to create another revenue stream and diversify my income. I was a one hit wonder a few years ago and when what I was doing stopped working, well, let's just say I had about 3 months of sleepless nights trying to relearn how to make money. I don't ever want to be in that position again. Good trading to you!
typical day in equities. was able to get some swings intraday on the UNH-PHS merger spread. have not traded much in currencies last 3 days. have a great weekend all, patrick