Market Comparison Breakdown: Pass Line Day vs Don’t Pass Line Day
The casino game of Craps is truly similar to trading … you can bet long or short, hedge positions, and even take a flyer with an opportunity to make 1000% on a single bet. It comes down to the basics; are you are Pass Line bettor or a Don’t Pass Line bettor. The Pass Line bettor wants long roles with lots of numbers, following the philosophy of a trend trader. The more numbers that are rolled before a Seven the greater the opportunity to make big money. The Don’t Pass Line bettor, on the other hand, is akin to a swing trader who wants quick rolls. They are looking for a few roles on separate numbers before a SEVEN is rolled to maximize profit opportunity having gone against the table. For those that love to play craps, we celebrate two-days during the year. Craps Pass Line Day occurs on July 11th, because 7 or 11 on the come-out roll is a winner. Craps Don’t Pass Line Day takes place on February 3rd, because a roll of 2 or 3 on the come-out is a winner. Confused … Here is a resource guide that uses trading concepts to explain how to play Craps. [Craps Explained]
No matter if you bet with or against the dice … the markets are going to move. The questions is what side will you be on?
Calendar Breakdown by Events
All trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology is not necessarily indicative of future results.
Our strategies have not been developed based on knowledge of or with reference to your particular circumstances, such as financial position, goals, risk-reward preferences, tax situation, brokerage arrangement, investment or trading experience, and so forth. Hence no content or model published here constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. More