If you’ve tried to trade the E-Mini S&P using camouflage, you’ll know that it has been getting tougher and tougher to spot the sort of patterns we thrive on. My hunch is that there are no longer any humans trading it, only algorithm-driven machines. I would not have predicted a couple of years ago that this would make a difference, but it has. By comparison, trading GOOG, PCLN and some other wacky high-fliers is far easier — almost as though it were mostly rubes who are trading those vehicles.
Man vs. Machine in the E-Mini S&P
- November 22, 2013, 4:06 pm
So, it would seem that trying to trade the e-mini S&P’s and even the GCZ’s is much akin to dart throwing! Why continue? I have lost interest in discussing those instruments.
There seems to be a predominate allure with the e-mini S&P’s and GCZ’s, and that is the focus of most touts, but I’ve learned to ignore them. My interest is only in stocks , and usually only those that have close bid and asked prices; not the high flyers with double digit separations.
I still believe that the HP method provides the best road map to successful trading, but I refuse to continue following “the herd” in butting their heads against the “machines”!
&&&&&
I hear ya, Quixote. Please let me know in the chat room which stocks you’d like to see more of in the daily list of touts. RA