Fading the Streak

Search

Member
Joined
Nov 20, 2007
Messages
514
Tokens
thanks to all for pitching in..... i appreciate it.. feel free to continue to do so..

massive selloff in the market today...

im still sitting with a Buystop at 832.50, 13pts off the low of 819.50 today..

this is for the 13pt system that i trade.......... last trade 827.00

SSI

hope this doesn't sound stupid, but in our system are you sitting short or long?
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
walnut, im flat (not in market at moment)..... will go long on a buystop at 832.50...........

last trade 831.50, so im close to getting filled...

i trail an entry STOP 13pts off the low or high of move, in this case the move down was to 819.50, ill buy it at 832.50, if it gets there...

little difficult to understand (perhaps)..... if i enter the trade, ill place a profit target at 847.50........ i play to make 15pts with this one......... initial risk is 13pts........... but for every point the trade moves in my favor, i trail the stop higher, thus reducing risk....

all my wins will be 15pts exactly............

losses could range from (1-13pts) with average being about 8pts.. so you can see, anything near 50% and im good.

SSI
 

Member
Joined
Nov 20, 2007
Messages
514
Tokens
thanx SSI.

yes, over my head for now, but I'm chipping away at it. up until now didn't know anything about futures, but i'm devoting several hours a day to the research.

mainly just familiar with Jim Cramer!!

thanks for sharing your knowledge --- on all the basketball plays as well. really like the system. usually prefer sports betting void of emotion -- generally works better that way.
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
make it all mechanical, its much better that way...

"take yourself, out of the equation"...

this is a whole new world..... many many ways to play it and many ways to trade... i prefer the emini because it has everything that you could want in a market and 'slippage' is virtually non-existent...

Jim Cramer (lol)...

I prefer the girls on cnbc........... I am carried away with Melissa Le..

SSI
 

New member
Joined
Nov 6, 2008
Messages
1,391
Tokens
Are..... You.... Ready..... Skee daddy!!!
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
Sea, dont bring that Cramer junk in here... (lol)...

Melissa Le is hosting a new show, airs at some odd time, like 5:00 am saturday mornings or something like that... the show is about options... she could host a "dog and pony" show and id watch.....

SSI
 

New member
Joined
Nov 6, 2008
Messages
1,391
Tokens
Sea, dont bring that Cramer junk in here... (lol)...

Melissa Le is hosting a new show, airs at some odd time, like 5:00 am saturday mornings or something like that... the show is about options... she could host a "dog and pony" show and id watch.....

SSI

THE HOUSE OF PAINNNNNN!! LOL!

Wow..Melissa Le is a knock out chick huh? I gotta check her out..LOL!
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
there all knockouts to me (lol)....... and all they talk about is finance, cant tell you what a turn on that is..

erin burnett
trish regan
melissa le
melissa francis
maria bartiroma
becky quick
michele caruso carbrera


hope i didnt forget any of them..

SSI
 

Member
Joined
Nov 20, 2007
Messages
514
Tokens
make it all mechanical --- totally agree.

as for the girls on cnbc --- i like Erin Burnett becuz she sorta reminds me of me! yes, i'm one of the few females around here. hope u won't hold that against me.

i do think Cramer is kind of annoying, but i learn from him.
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
walnut, nice to hear,,,,, im harmless...

my broker loves erin........ im partial to Melissa....

nice to know your female, keep it clean in here guys..

Jim is ok but doesnt talk trading at all...... he is more "buy and hold"


watch the guys on "Fast Money", that is a must watch show.... daily at (4:00 pm cst)... those guys are real traders..

SSI
 

Member
Joined
Nov 20, 2007
Messages
514
Tokens
thanks SSI. there are many good guys here & i can tell you're one of them. i'm not thin skinned though --- can't be when you like to bet on sports as much as i do.

will definitely start watching Fast Money as i recently got laid off so i'm in between jobs so to speak with a little extra time right now.

thanks again for what you do --- it's most appreciated.

walnut
 

New member
Joined
Jan 4, 2009
Messages
748
Tokens
On Toronto (ATS)
Spurs Under (game 2)
Knicks Under (game 2)
Wash Under (game 2)

WASHINGTON moves to GM3 UNDER

SPURS move to GM3 UNDER
 

New member
Joined
Nov 6, 2008
Messages
1,391
Tokens
fuck fuck fuck..damn Spurs. At least we don't have to put up with the craptors anymore haha. Need the knicks to go under 232...we need lots of luck haha.
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
if your going to follow this, you must have the bankroll..... adjust your bankroll accordingly..

we have 3 series that are moving to play (c) game (3)........ we still have 4 more chances for a win in each....

unfortunately, they wont all end in the first game or 2 of the chase...

if u dont have the stomach for this, (stop now) before you get in too deep. ive sold out for it, so there is no turning back for me but there could still be hope for you guys (ha ha)

back later with the plays for today.... looking at the market right now..

SSI
 

SSI

New member
Joined
Sep 21, 2004
Messages
14,040
Tokens
update and plays for wednesday feb 11

OU Chase: 42-0 (3 pending) (+42.00 units)

wednesdays plays..

fade 42
c) spurs Under

fade 43
c) knicks Under

fade 44
c) wash Under

fade 46
a) celtics Under


ATS Chase: 20-0 (+20.00 units) (0 pending)

no plays for tonight..


closing lines at covers will be used for record keeping in this thread. i personally bet very late..

SSI
 

Forum statistics

Threads
1,119,788
Messages
13,573,035
Members
100,866
Latest member
tt88myy
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com