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Coffee Shop
Don’t tell people what you know, KEEP THEM POOR!
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<blockquote data-quote="CattleMan1920" data-source="post: 1563755" data-attributes="member: 37967"><p>Agreed. </p><p></p><p>You my friend are describing arbitrage at its finest. </p><p></p><p>Time the market right and you will clear more than $100k</p><p></p><p>If you really feel confident about your abilities, trade cattle futures on the Merc. I've traded beans, wheat, corn, oil, orange juice, unleaded gasoline, heating oil, nat gas (super volatile!), treasury futures, options on futures (insane leverage), S&P 500 futures, Dow futures, Russell index futures, there are probably more things, have to jog my memory. </p><p></p><p>If you think interest rates are going to rise rapidly, which they should, but it would crash the market, and the economy would look like a train wreck, I digress,...if you think rates are going to rise to 15% which they won't by the way, but if you think they are going higher, then short the sh.it out of the long bond, tip of the tail of the dog so to say. The leverage is at a whole different level, you control a huge amount of assets with a small margin. I've traded 100 contacts at a time, and it felt like skydiving (which by the way I've done many times). If the trade goes against you it's THE sickest feeling you have ever felt, you want to puke. If it goes well, the feeling is indescribable. I've been near situations where 10 figures were made in less than an hour and the guy who did it threw his balls on a cart and walked out of the office and headed for the Hamptons in his Bentley Flying Spur, but I've also seen the exact same guy completely wiped out in minutes. He was frantically trying to mortgage his home in Vail, apartment in Manhattan, and home in South Hampton just to meet his margin call. Futures trading isn't for the weak of heart, but fortune does favor the bold. </p><p></p><p>Lucky's plan is downright conservative compared to what I've seen and participated in. It's sound, it works; who knows I might invest in Lucky one day.</p></blockquote><p></p>
[QUOTE="CattleMan1920, post: 1563755, member: 37967"] Agreed. You my friend are describing arbitrage at its finest. Time the market right and you will clear more than $100k If you really feel confident about your abilities, trade cattle futures on the Merc. I’ve traded beans, wheat, corn, oil, orange juice, unleaded gasoline, heating oil, nat gas (super volatile!), treasury futures, options on futures (insane leverage), S&P 500 futures, Dow futures, Russell index futures, there are probably more things, have to jog my memory. If you think interest rates are going to rise rapidly, which they should, but it would crash the market, and the economy would look like a train wreck, I digress,...if you think rates are going to rise to 15% which they won’t by the way, but if you think they are going higher, then short the sh.it out of the long bond, tip of the tail of the dog so to say. The leverage is at a whole different level, you control a huge amount of assets with a small margin. I’ve traded 100 contacts at a time, and it felt like skydiving (which by the way I’ve done many times). If the trade goes against you it’s THE sickest feeling you have ever felt, you want to puke. If it goes well, the feeling is indescribable. I’ve been near situations where 10 figures were made in less than an hour and the guy who did it threw his balls on a cart and walked out of the office and headed for the Hamptons in his Bentley Flying Spur, but I’ve also seen the exact same guy completely wiped out in minutes. He was frantically trying to mortgage his home in Vail, apartment in Manhattan, and home in South Hampton just to meet his margin call. Futures trading isn’t for the weak of heart, but fortune does favor the bold. Lucky’s plan is downright conservative compared to what I’ve seen and participated in. It’s sound, it works; who knows I might invest in Lucky one day. [/QUOTE]
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