Edited by jjc, 04 August 2011 - 01:02 PM.
I closed my shorts here and I'm going...
Started by
jjc
, Aug 04 2011 01:01 PM
3 replies to this topic
#1
jjc
-
- Traders-Talk User
- 2,886 posts
Member
Posted 04 August 2011 - 01:01 PM
a wee bit long.
Also I am inticipating gold to make a dive into the close... driven by margin calls on hedgies.
FWIW....
#2
jjc
-
- Traders-Talk User
- 2,886 posts
Member
Posted 04 August 2011 - 02:53 PM
a wee bit long.
Also I am inticipating gold to make a dive into the close... driven by margin calls on hedgies.
FWIW....
Put back some of my shorts... Still long some spy calls, holding steady with gold short.
I see now the error in my logic expecting hedgies to only be hit by gold.
Edited by jjc, 04 August 2011 - 02:54 PM.
#3
MarketAlly
-
- Traders-Talk User
- 407 posts
Member
Posted 04 August 2011 - 03:39 PM
a wee bit long.
Also I am inticipating gold to make a dive into the close... driven by margin calls on hedgies.
FWIW....
Put back some of my shorts... Still long some spy calls, holding steady with gold short.
I see now the error in my logic expecting hedgies to only be hit by gold.
I am sitting in the same position - not too long but added a few SPY Calls as well and holding on GLD Puts (although took some tiny profits to offset the Calls)
Holding primarily cash though but may be deploying that for a strategic 3-4 month play after August 9. I do have 2163 in NQ as a watch though
The system wasn't designed so that most people could beat it.
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
#4
jjc
-
- Traders-Talk User
- 2,886 posts
Member
Posted 04 August 2011 - 07:14 PM
a wee bit long.
Also I am inticipating gold to make a dive into the close... driven by margin calls on hedgies.
FWIW....
Put back some of my shorts... Still long some spy calls, holding steady with gold short.
I see now the error in my logic expecting hedgies to only be hit by gold.
Closed out shorts here at es 1196.5
