Hi m8,
meant to ask when this was posted but forgot.....
Any particular reason why you don't trade into options expiry....??
Steve
lurkerlurker
Senior member
- Messages
- 2,482
- Likes
- 150
Good trading Kevin. I've also stayed flat on the YM - no clear signal. I don't really expect one for a position trade to happen today, but I might try to take a quick scalp out of the FOMC announcement. Otherwise, I'm netural on this for the medium term. Well done with the spmib trades.
I've read your other thread, and don't mean to go offtopic, but I hope you resolve the issues with your father. At least he isn't putting his losing trades in your account. Not everyone has what it takes to be a trader, but remember most new traders neither obey all the rules or turn a profit in their first few weeks...do be patient.
I've read your other thread, and don't mean to go offtopic, but I hope you resolve the issues with your father. At least he isn't putting his losing trades in your account. Not everyone has what it takes to be a trader, but remember most new traders neither obey all the rules or turn a profit in their first few weeks...do be patient.
rathcoole_exile
Guest Author
- Messages
- 3,925
- Likes
- 767
only 'cos this month it looks like I've been caught with my pants down shorting DJX Calls, so I've got no float left till after expiration. No other reason ....
not really m8....I'm keeping an eye more on SPX at mo for clues...it just can't get above 1555...
rathcoole_exile
Guest Author
- Messages
- 3,925
- Likes
- 767
quids in on XLF tho'....or should that be loadsaBahts..
it's funny. the more baht I earn, the more the missus needs, but the inverse never applies - the more I lose never results in less housekeeping. Odd that .......
if I had to take a punt Dow may push on to 14053 cash after Fed minutes....speculative tho...
rathcoole_exile
Guest Author
- Messages
- 3,925
- Likes
- 767
Steve, let me let you into a little secret. I have prayed, begged and shouted at the bloody markets to go down before options expiry, so that's just what they'll do...just wait n see ....
it's funny. the more baht I earn, the more the missus needs, but the inverse never applies - the more I lose never results in less housekeeping. Odd that .......
Life's a bitch m8...how much is the Sang Tip these days ?? that stuff is rocketfuel..
rathcoole_exile
Guest Author
- Messages
- 3,925
- Likes
- 767
Steve, let me let you into a little secret. I have prayed, begged and shouted at the bloody markets to go down before options expiry, so that's just what they'll do...just wait n see ....
I'm sure there's a name for this Method ?
cheers steve ...
I'm sure there's a name for this Method ?
would that be the blind hope method...
rathcoole_exile
Guest Author
- Messages
- 3,925
- Likes
- 767
would that be the blind hope method...
that's the one. never works every time. I have built my historic dynasty upon it.
Is it too early to ask - Penny for the Guy ...???
lurkerlurker
Senior member
- Messages
- 2,482
- Likes
- 150
Well, that didn't move things very much did it. News is out, I'm still flat, and waiting for a signal from my 4h charts - they are becoming a little bearish here.
Atilla
Legendary member
- Messages
- 20,810
- Likes
- 4,010
Short based on the 1 hour charts @ 13,978.
long 65 cash...tight stop @ 50 on this baby
