Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Carl,I was curious why u dont trade 2 contracts? You are right most of the times and then let a profit get away or make minimal gain... I was curious why u dont trade 2 contracts, sell half and then trail the other... Im sure you have ur reasons why, but i was curious?
One unit is not one contract - it is a measure of commitment. One is a minimum position - might be $10,000 for someone, $1 million for someone else. Two units is twice one, and his maximum long.
For all of the bullishness and bearishness opinions, i find it very interesting that since the September 2009 highs, the S&P is up measly 2.7%. And in this time, the S&P has crossed over And in the past month, the S&P has crossed above and below 1100 mark 8 times. I don't know what the definition of a topping process, but gun to my head, this could be a good example.
if 1113 in cash will not be broken and s&p is on it's way down, it looks like a rounding top formation... one of the most famous EW analyst in germany is predicting a longterm target of 5150 in Dow Jones Industrial @Carl: good work, keep up going...greetings from good old germany
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