Random Walk Trading.com

Thursday

March 12, 2015

1-855-RWT-0008

Prepared by the good people at Random Walk, LLC. (and Scott)

Great Morning!

Closing Prices From Yesterday

Screen Shot 2015-03-12 at 10.20.30 AM

Today’s Number(s)

Screen Shot 2015-03-12 at 10.20.58 AM

Screen Shot 2015-01-23 at 1.02.20 PM Screen Shot 2015-02-02 at 10.04.56 PM

Yesterday

We closed down marginally despite the Euro falling yet another $0.015 to the USD. That is a big move non-currency traders. The EUR got down to close to $1.05 against the greenback in what looks like an almost guarantee of hitting parity.

Crude oil inventories came out forcing the futures down to close to $47 before bounce and closing about the $48 barrel level that traders seem more comfortable with.

Other than that the E-minis were in a $10 range which was really a tight market given the volatility we have been experiencing since last Friday.

 

TODAY

It was amazing how strong the market was despite closing down slightly. This market wants to run up but has a STRONG headwind of a dollar that is falling so fast it is disturbing people. If we got the same move over the last 90 days in a year’s time (instead), The Euro falling would probably be helping us climb higher, instead it is retarding its progress.

LL ā€“ Lumber Liquidators is having a public meeting to address the whole formaldehyde issue that was reported last week by 60-Minutes. I am not sure what to make of this. It has been a LONG time since I trusted anything the media said. And since Brian ā€œMr. Cleanā€ Williams has been caught lying more than a certain female politician with White House ambitions, I trust it even less. So there may be no truth to the story and the stock goes back (from $33) to $75. Or LL is the next asbestos lawsuit we see lawyers suing between episodes of Friends.

Euro/USD

POT has been riding the short side of the Euro since 115. When it got down to near 105 today we took about 1/3 of the trade off (which pays for the other positions). If we break 105 today we could see parity pretty fast (a couple of days). Even if you day trade E-minis you have to keep an eye on the Euro as it is a ball-and-chain on the market.

MARKET

This selling is a little overdone, just like it was overdone when oil falling from $90 to $45 was overdone. What happened next? Be bounced and made new highs in the SPX and Nasdaq.

FED

I am hoping for this nonsense to continue until the Fed meeting next Wednesday. It will likely be a ā€œlay upā€ to get long. But I am nervous every day I am not long here, even though every day it is cheaper to buy this market. POT people ā€“ I think I am loading up tomorrow.

 

Screen Shot 2015-02-02 at 10.07.01 PM

POT is held each Wednesday night at 7:00pm eastern.

Last Night:

A long 3-hour class on E-mini options broken into two pieces.

We placed a E-mini BWB order.

This week:
A new Random Walker Spread will begin.

We will hedge off the Lumbar Liquidator position we entered into yesterday.

We will get ready for the Fed Meeting Next Wednesday.

 

Screen Shot 2015-03-02 at 7.44.00 AM

Contract the office at 1- 855 ā€“ RWT ā€“ 0008 for more details.

Screen Shot 2015-01-23 at 1.02.52 PMToo True To Be Funny

Screen Shot 2015-03-12 at 10.21.22 AM

If I got drunk, drove into the White House gates, and wrecked a government car I would have been shot. At the least I would be arrested and in jail a few years. The geniuses get reassigned with pay to a less stressful job. HYPOCRACY. That is what I hate about this world ā€“ two sets of rules.

## ## ## ## ## ## ## ## ##

Attorney StuffScreen Shot 2015-01-23 at 1.03.00 PM

DISCLAIMER (Seriously!)

Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the Daily Planet newspaper.

We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesnā€™t mean a thing. The future is even scarier. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.

Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time. We will sell products, but advise against buying them. We Do Not Give Advice.

When reading this you acknowledge that you agree to hold harmless Random Walk, LLC, its employees, independent contractors, authors, managers, owner(s), spouses, children, cousins, friends, bail bondsmen, and favorite bartender. In fact, you agree to grow up, accept some responsibility for your own actions, and stop believing the media that sells you on how nothing is your fault. You further agree in the antiquated and lost values that America is the land of opportunity and not the land of handouts. You agree any loss in the markets is a result of your own actions as we told you NOT to trade without consulting someone other than us.

All paper trades are SOLELY for example and to illustrate how certain strategies could perform without the benefit of hindsight and back-testing. You agree NOT to trade based on anything we say, do, write, advertise, etc. If we were smart we would be teaching high-school math and making the really big bucks. You agree to abide by the laws of your country and that it is legal to accept this transmission.

Every attempt has been made to ensure accuracy, but we are clueless. As a result it would be foolish and impossible to assure the accuracy of any numbers and/or come close to writing a sentence that is grammatically correct. You agree not to get on our case emotionally, physically, spiritually (no Voodoo dolls please) or legally when we screw up. We are doing our best to keep up with evolution, but it is a fast race and we are falling behind. If any of this stuff is too hard to accept please let us know and we will remove you from our mailing list and short term memory.

Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).

Our products are written ONLY by floor traders, fund managers and retired floor traders. But that really doesnā€™t mean much. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. . If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made. Nothing we do is audited and we make no promise of accuracy.

Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.

Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). ā€œThank yousā€ are only handed out in countries where legal and void where prohibited. If your country does not allow ā€œthank yousā€ please refrain from accepting it. This disclaimer is copyright material and not a joke.