FJ43 said:
SPY 411.74 incoming next test.
MAN I SOLD MY 420 PUTS TOO SOON !!!!
george1992 said:deadbq03 said:
One of the only good things about bear markets is seeing george1992 post about his losses to make the rest of us feel better.
I went from being able to buy a top of the line Tesla S for cash to barely affording a Chevy volt in 4 months.
FbgTxAg said:
Remember: The stock market transfers wealth from the impatient to the patient. Don't go panic selling stocks you were happy to own a few months ago.
For you Volatility folks, I give you another one:McInnis 03 said:On Nasdaq....THIS.$30,000 Millionaire said:
This is overdone.
I provide the following for consideration:
There are some who use a 10-period RSI consideration on broad indicies on the daily to make a swing play......while the NASDAQ is NOT a broad index, you can't deny that sub 30 RSI on a 10-period daily is a HUGE level that is hard to maintain.
If /NQ or QQQ close sub 30 10-period RSI......the play would be to buy at close, or tomorrow at open, whatever you're comfortable with....and then hold for a break of 40 on the 10-period RSI to close the trade, OR 10 bars and close the trade if 40 is not eclipsed, this is a time stop.
from Olympus to the alley fast.Ranger222 said:FbgTxAg said:
Remember: The stock market transfers wealth from the impatient to the patient. Don't go panic selling stocks you were happy to own a few months ago.
Normally I'd 100% agree with you, but I dunno, if it's an ARK or Cathie Wood name, I'd consider selling even here. Something tells me we are only like in the 4th inning of the big ARK unwind and it can get a LOT uglier for those names.
Non-ARK names I wouldn't touch
Yep banking a profit is always good. I sold at my levels and timing. I find it better to honor those than not 99% of the time. Both ways for cutting a bad trade and also gains.bmoochie said:FJ43 said:
SPY 411.74 incoming next test.
MAN I SOLD MY 420 PUTS TOO SOON !!!!
Same. I actually tried doing this on my own and bought some around 1 and then sold at 130 for a good profit I thought. Boy was I wrong. Trying to remember any profit is a good thing.
so we spike in VOL and then drop hard? The world isn't ending?McInnis 03 said:For you Volatility folks, I give you another one:McInnis 03 said:On Nasdaq....THIS.$30,000 Millionaire said:
This is overdone.
I provide the following for consideration:
There are some who use a 10-period RSI consideration on broad indicies on the daily to make a swing play......while the NASDAQ is NOT a broad index, you can't deny that sub 30 RSI on a 10-period daily is a HUGE level that is hard to maintain.
If /NQ or QQQ close sub 30 10-period RSI......the play would be to buy at close, or tomorrow at open, whatever you're comfortable with....and then hold for a break of 40 on the 10-period RSI to close the trade, OR 10 bars and close the trade if 40 is not eclipsed, this is a time stop.
Look at VIX, or /VX or whatever you want....plot the daily and add a 10 day RSI....
Tell me what happens after the RSI goes > 70 for volatility....and look where we dance today.
FJ43 said:Yep banking a profit is always good. I sold at my levels and timing. I find it better to honor those than not 99% of the time. Both ways for cutting a bad trade and also gains.bmoochie said:FJ43 said:
SPY 411.74 incoming next test.
MAN I SOLD MY 420 PUTS TOO SOON !!!!
Same. I actually tried doing this on my own and bought some around 1 and then sold at 130 for a good profit I thought. Boy was I wrong. Trying to remember any profit is a good thing.
gosh - forgot i had put this on in the simulator.FJ43 said:Yep banking a profit is always good. I sold at my levels and timing. I find it better to honor those than not 99% of the time. Both ways for cutting a bad trade and also gains.bmoochie said:FJ43 said:
SPY 411.74 incoming next test.
MAN I SOLD MY 420 PUTS TOO SOON !!!!
Same. I actually tried doing this on my own and bought some around 1 and then sold at 130 for a good profit I thought. Boy was I wrong. Trying to remember any profit is a good thing.
I would be selling on any push down on the open. Chances are likely we have some attempt back up this week and the puts will decay.cisgenderedAggie said:FJ43 said:Yep banking a profit is always good. I sold at my levels and timing. I find it better to honor those than not 99% of the time. Both ways for cutting a bad trade and also gains.bmoochie said:FJ43 said:
SPY 411.74 incoming next test.
MAN I SOLD MY 420 PUTS TOO SOON !!!!
Same. I actually tried doing this on my own and bought some around 1 and then sold at 130 for a good profit I thought. Boy was I wrong. Trying to remember any profit is a good thing.
Man, dayjob saved an early trigger pull yesterday. If we're still holding $420p should we just wait through expiry on Friday or is there still time value? Thinking about just setting a sell at $20 just it case.
Mixed feelings about hoping on IWM $200 p
george1992 said:ag94whoop said:
Dear lord I have lost like 50% for the year now with this nosedive. I wasn't expecting this gap down to happen for another month.
75% down here.
ag94whoop said:george1992 said:deadbq03 said:
One of the only good things about bear markets is seeing george1992 post about his losses to make the rest of us feel better.
I went from being able to buy a top of the line Tesla S for cash to barely affording a Chevy volt in 4 months.
Thank God more that 60% if my net worth is in ranch land.
Of my liquidity, I have 31% in a municipal ladder, 35% in a parametric managed account, and the rest I have been playing with. I have definitely not done well on the stuff I managed the last 2 months but all of them will take a massive hit today.
We finally went live on @PhunToken for @phunware. 😀🔥 Rewarding you for being you. $PHUN https://t.co/PraNan1H1k
— Alan Knitowski (@alanknit) May 11, 2021
$PHUN Phunware (PHUN) Begins Selling PhunToken https://t.co/2N6LDUlTqI
— trademaker (@Richardrdavis) May 11, 2021
ballzy move, I think it'll pay off.CrazyRichAggie said:
Bought some SPY 5/14 $413 calls
I only picked up a few contracts. so not risking much.Farmer @ Johnsongrass, TX said:ballzy move, I think it'll pay off.CrazyRichAggie said:
Bought some SPY 5/14 $413 calls
