Greek vote...fundamentals...yeah, they do matter

NexusFi · 2011-06-29T09:15:53-04:00

So I'm watching CNBC and watching CL and a report comes across that a member of the ruling party had voted no, so the immediate sentiment was that the vote was in jeopardy and CL ran South over 50 ticks in about 10 seconds. If your marginal reserve is $6250, and let's say you're a cowboy and you're trading $6250/contract (you're just that good, you don't have drawdown...you're the trading version of Chuck Norris). That's an 8% move in 10 seconds. Imagine if the value of your …

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Updated June 29, 2011

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Greek vote...fundamentals...yeah, they do matter

June 29th, 2011, 09:15 AM	#1 (permalink)
RM99 Austin, TX Fortitudo et Honor Experience: Advanced Platform: TradeStation Trading: Futures Posts: 839 since Mar 2011 Thanks Given: 124 Thanks Received: 704	So I'm watching CNBC and watching CL and a report comes across that a member of the ruling party had voted no, so the immediate sentiment was that the vote was in jeopardy and CL ran South over 50 ticks in about 10 seconds. If your marginal reserve is $6250, and let's say you're a cowboy and you're trading $6250/contract (you're just that good, you don't have drawdown...you're the trading version of Chuck Norris). That's an 8% move in 10 seconds. Imagine if the value of your home or your car moved 8% in 10 seconds. Wild. Truly wild.