What is the edge in your trade?

Discussion in 'Options' started by ffs1001, Aug 21, 2019.

  1. ffs1001

    ffs1001


    Actually, it is I who has Wheezoo on "ignore".
     
    #171     Aug 22, 2019
  2. Turveyd

    Turveyd

    Envelope 6sma 0.03% is my edge, if I get in Long towards the bottom with vague direction, then very high odds it'll hit the other side, worth 5pts on the dax and 3pts on NQ, if it breaks out against SL and exit, with you good odds it'll keep going, if it's not broken out in approx 3 - 4 mins then odds are it'll reverse and better get out.
     
    #172     Aug 22, 2019
  3. Wheezooo

    Wheezooo

    "You put too many of us on ignore. :("

    Nope, took him off ignore just now. Forgot I had it on. I think my first day I replied to him about a question he had, but in that reply stated I didn't know what DTE represented and he determined I shouldn't respond to him because obviously I don't know shit about options.

    ...not that its important if I understand them or not, all that am I now concerned with is that I never misspell vagina.
     
    #173     Aug 22, 2019
  4. Overnight

    Overnight

    It would behoove you to not put anyone on ignore. If somebody offends you in some way, just ignore them mentally. Use a "mental stop on their posts" as it were.

    Because as you can see, it just leads to confusion in these communal threads.
     
    #174     Aug 22, 2019
    tommcginnis likes this.
  5. Nobody? That would suggest that market manipulation through large buys or sells is impossible, but I don't think that's true. In fact, even as a small trader in a slow market, I can know exactly what price is going to do next, if I pull the trigger - it's going to hit the bid or ask (depending on my entry direction).
     
    #175     Aug 24, 2019
  6. SPX Blaster

    SPX Blaster Guest

    You can predict the future. Here are the swings to look for in crude oil for the month of September. If markets are random, this would not be possible.

    oil example.jpg
     
    #176     Aug 24, 2019
    ffs1001 likes this.
  7. ffs1001

    ffs1001

    @SPX Blaster, good post. I actually trade a lot of commodities based on seasonality. The trades are usually futures spreads as opposed to outrights. There are definite cyclical patterns for sure which are repeatable and trade-able. Of course, fundamentals, market conditions, and world events change from year to year, so nothing can every be a sure thing.

    Enjoying your contribution.
     
    #177     Aug 24, 2019
    SPX Blaster likes this.
  8. volpri

    volpri

    Looks kinda like something Jake B does.
     
    #178     Aug 24, 2019
  9. easymon1

    easymon1

    mental stop.jpg
     
    #179     Aug 24, 2019
  10. SPX Blaster

    SPX Blaster Guest

    Sunday open and sp500 could gap down 100 points.
     
    #180     Aug 24, 2019