1174-1189 estimate for today (15 points) 1178–1192 actual today (14 points) Carl was a bit high on the top & bottom. Didn’t anticipate the news event (Spain downgrade).
Sundancer the “fake print” of 117.61 that you saw awhile ago. Do you expect to hit it during regular trading hours? What about ES which is traded 24 hours. Do you keep track of that as well? What if AH we get a hit of 117.61 but not during the day. Have you thought of that possibility
Discretionary trading is extremely hard. Yet that is what most of the non-pros use. You don't find that many truly successful pros use discretionary trading. That is for good reason.
Looking for a low sometime in the first week of May. If you have May puts, that would be your last get out of jail chance. If not, you should prepare your Puts for the afterlife. lol
Carl at day’s end:
1174-1189 estimate for today (15 points)
1178–1192 actual today (14 points)
Carl was a bit high on the top & bottom. Didn’t anticipate the news event (Spain downgrade).
Trade: No trades today.
Grade: C (made no money)
Mr TopNotch speaks…
http://www.youtube.com/watch?v=qc_c5o9YAxY
Sundancer the “fake print” of 117.61 that you saw awhile ago. Do you expect to hit it during regular trading hours? What about ES which is traded 24 hours. Do you keep track of that as well? What if AH we get a hit of 117.61 but not during the day. Have you thought of that possibility
http://en.wikipedia.org/wiki/Occam%27s_razor
NASDAQ100 1950 HERE WE GO.
http://midasfinancialmarkets.blogspot.com/2010/…
Discretionary trading is extremely hard. Yet that is what most of the non-pros use. You don't find that many truly successful pros use discretionary trading. That is for good reason.
Bingo! We have a winner!!!
It is the scared bear syndrome. 😀
Looking for a low sometime in the first week of May. If you have May puts, that would be your last get out of jail chance. If not, you should prepare your Puts for the afterlife. lol
I may pick up May Calls at around that time.
too many people are over complicating the current market dynamics
the market just finished a uni-directional 80 CD thrust & people are already looking for a bottom 2 days later
the hardest thing to do is nothing!!!!!!!
don't let the simplicity of this game complex your mind!!!!!!