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I am glad to see you laughing. Think that all the excitement so far has subsided and I'm looking forward hopefully with you here further in this thread positive and interesting to report, even we come from different points of view on market strategies and how to use any tools available on the net.
By only trading the futures, more reliable charts are surely of any help. By trading option and hedge strategies, the chart is not the most important instead to whole way of how to handle such strategies. And yes, I only gave the ideas, but not the details further to them in a completed way.
@Symple, so you understand, this forum is regularly and heavily spammed by vendors who want to accumulate enough posts to be able to post in vendor threads (threads about themselves, of course, where they can praise themselves), and we recently endured a sustained assault from a vendor who had his followers attempt to flood many threads, and so nerves are on edge on the subject.
@Anagami, so you understand, @Symple is a relatively new member who has been posting in threads started by others, for other purposes, and has been told (by me) to not do that, and to find an appropriate thread or start a new one.
His posts have enough serious content to not raise a suspicion of spam, and he basically has been looking for someplace to go with his posts.
I looked at the history of this thread when I saw this post early this morning, since I remembered the original poster, cunparis, and knew this was his thread. But @Big Mike had suggested that the thread be renamed to drop the "cunparis" part, in order to attract more attention from other posters, and cunparis had agreed (and even tried to change the name himself, but that needs admin or moderator privileges.) Mike forgot to change it, and the thread basically lapsed.
So I was going to offer to @Symple to change the name to "Weekly S&P 500 Outlook" or something similar, and suggest he put it to use, and maybe stimulate others while doing so. Then I saw your post and saw I had waited too long. My mistake there.
@Symple, one additional thing I have to tell you. I understand that you probably felt attacked and did not understand @Anagami's motivation, but your statement about "this does not mean that this is about what is going on in your head," while understandable, is not what is usually accepted here. Unlike the wild world of the internet, we require courtesy even in a disagreement. An explanation by itself would have been better.
I hope this has cleared the air about what is going on. Given the thread's history, I am willing for @Symple to continue if this is a topic he wants to contribute to, and to make the title more general so it may interest others in the subject.
Note: while I was typing, I see that I am late again, and that more has transpired here. Everyone, please cool it now. Nothing to see here.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
As always: very friendly and informative, though pointing out where an answer was somewhat critical by forum standards. This friendly way of communication and explanations of individual problem points I absolutely appreciate here in this forum.
I have no problems to post in threads which others have started once, because in my opinion not every topic needs to be started X times again. My posting here was not directly tied to a prediction of "Where is the market going", but more about what you can do in the current situation and this in the case on a Monday morning.
Since you have followed all my postings so far, you have also noticed that I have already written that not the actually expensive charting/trading platforms are needed to top trades, but you can make with simple charts just as good decisions, depending on how you are in the market.
This is what I wanted to make clear with the shown by me. Maybe my way of writing about trading and showing things is a little too complicated or just so simple that people can understand it wrong, as English is not my mother tongue.
About the title of the thread: So far fine for me. If you want to change or open a new thread in my direction it may could sound like this: When to enter option and hedge strategies on most simple charts.
Could may be a nice topic for some who think trading works only with most complicated TA indicators. On the other hand: It needs, like in pure future trading, an immense knowledge in an other ways.
I leave the decision to you and I am happy if it is in my favor.
I have seen your emphasis on options and hedging, and I absolutely think you should open an entirely new thread devoted to these and related subjects. The forum does not have much of this, and it would be very welcome. You can make up your own title and create it yourself. Something similar to your idea, but definitely mentioning Option and Hedging Strategies.... that could be a title, or anything else that suits you. It actually is not that well-suited to this thread, which was about the outlook of the S&P futures. (Also a good topic to post on, when you want to say something about it.)
I will go ahead and simplify the title of this thread, just so the thread may be more available to whoever has an interest.
But by all means, open a thread specifically to show the options/hedging angle of trading. There will an interest in it and it will be of benefit.
As to posting charts and other material in an existing thread, there is no problem as long as the original poster does not object, but it is always better to check. If the topic is of a general nature, most will not have a problem. There are also many threads that are meant to be open discussion threads. Usually this is clear if someone just looks at the posting that has gone on before. If you create your own new thread, you can simply invite participation or ask for comments. Things tend to grow organically in the way they should.
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PS, I have noticed your preference for simpler, less technological charting and trading. I do not at all share this preference, and I know it very well.... When I started trading, I posted my charts by hand at night, with a pencil and graph paper, using prices from the newspaper. There was no internet. To trade, we called the broker, gave him the order, got a call back a few minutes later with our trade confirmation. I got two weekly chartbooks in the mail every Monday with the prior week's stock charts. I know all about this era of trading. I vastly prefer using the computer, the internet, and a trading platform. Obviously, different strokes for different folks.
(And I agree you do not need complicated indicators. But I have no problem with anyone who uses them and benefits from them. I've been known to get complicated at times as well, although simplicity does win out in the end, I think.)
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote