Hi everybody,
First of all, a quick reminder that the third Friday is the day on which December S&P 500 futures will expire. According to ELP Program, rollover is on the second Friday, but since we had (and have) nothing to roll, any trader following our signals should note that going forward, all signal should be taken in March contracts.
As I have already said, we remain without a position for now, which, on the one hand, is a pity, since the trend is strong, but on the other hand is good, because we have to be disciplined and follow the Program strictly. Oherwise we may develop a habit of second-guessing and deviating from the plan based on our hunches and hearsay, and nothing is worse than that. As the great Russian writer Leo Tostoy said, 'the fulfillment of your plans constitutes the happiness of your life'. And he was a wise man.
It is a good time to review the ELP Program fundamentals. Once again - it is the best tool against the downturns of the market!
Good luck and good day,
ELP team
First of all, a quick reminder that the third Friday is the day on which December S&P 500 futures will expire. According to ELP Program, rollover is on the second Friday, but since we had (and have) nothing to roll, any trader following our signals should note that going forward, all signal should be taken in March contracts.
As I have already said, we remain without a position for now, which, on the one hand, is a pity, since the trend is strong, but on the other hand is good, because we have to be disciplined and follow the Program strictly. Oherwise we may develop a habit of second-guessing and deviating from the plan based on our hunches and hearsay, and nothing is worse than that. As the great Russian writer Leo Tostoy said, 'the fulfillment of your plans constitutes the happiness of your life'. And he was a wise man.
It is a good time to review the ELP Program fundamentals. Once again - it is the best tool against the downturns of the market!
Good luck and good day,
ELP team
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