fake breakout followed by a fake breakdown in ES. now what
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Last: 6 min ago by Talon2DSO
Ugh. Bought aapl $151 calls at the open. Thought I entered half to sell at a double. Nope. Sold all. Happy for the win, but Missed out on a nice upside.
Well, my XOM pre-market order for 114C filled, but only for 1/8 of the number of contracts I ordered. Up 156% right now, but it's not enough money to worry about so I guess I'll let it ride all day with a stop just above purchase price.
This market is sucking a ton of retail in because of FOMO. In 6 weeks we've gone from people speculating SPX 3-3300 to SPX 4300-4500. There's gonna be a lot of stranded astronauts. Be careful out there.
Damn! Apple bears got gotted.
Charismatic Megafauna
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sts7049 said:
fake breakout followed by a fake breakdown in ES. now what
Now we chop
ProgN said:
This market is sucking a ton of retail in because of FOMO. In 6 weeks we've gone from people speculating SPX 3-3300 to SPX 4300-4500. There's gonna be a lot of stranded astronauts. Be careful out there.
My cash on the sideline has been slowly growing this week as I've had multiple alerts hit on long positions where I've taken most/all of the profit and will look to re enter when a bottom falls out
AgEng06 said:sts7049 said:
maybe....stop trading it?
This would be the 100th time he's been told that on this thread... but here we are.
Got another 40% to drop before I consider getting back in.
With strong jobs, somewhat waning inflation, and China opening, CVX, XOM, and VLO are the absolute play.
Melt up is pretty much guaranteed.
Melt up is pretty much guaranteed.
Golf1
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TSLA so strong
Take out the papers and the trash, or you don't get no spendin' cash
Market is on crack right now. Hunter Biden kind of crack
This is all retail doing this? Everything I've been seeing says smart money is withdrawing.
Classic distribution phase.Philip J Fry said:
This is all retail doing this? Everything I've been seeing says smart money is withdrawing.
wish i knew when Elon would announce another $4B sell
AMC running. This is definitely retail FOMO.
This FOMO is strong. I should probably just walk away for a while.
YEP.FTAG 2000 said:Classic distribution phase.Philip J Fry said:
This is all retail doing this? Everything I've been seeing says smart money is withdrawing.
The memes are used now to dump on retail. I feel like the memes started popping all of 2022 right before the market started it's leg down.
I guess it could be different this time.
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I've got xsp 415 pinned for no other reason than it seems like a happy spot in yesterday's opening range and most of day range, and this morning's opening range. Also i got them for .1, trying to fill more for .05
Completely out of all of my positions. I've gotten killed over the last couple of weeks because I've been so bear heavy. Not sure if I've taken a call option if you want to know how my trading has been.
Will probably wait out next week just to learn this new market.
Edit: sold most of my spy puts for a loss in the 416.80 range… after that is dropped a $1 in 2 minutes. Lovely.
Will probably wait out next week just to learn this new market.
Edit: sold most of my spy puts for a loss in the 416.80 range… after that is dropped a $1 in 2 minutes. Lovely.
Same boat. Bought in SPSX at 18.99 expecting a drop. Now I'm thinking I just am not patient enough to let the market do what the indicators are telling me it's about to do.
SPXS and DRV. Wait that **** out my brother.
Anybody trade SOXL?
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EnronAg said:
market closing positive today would be lunacy after mega cap disappointments and guidance + jobs report this morning...
Yeah but in this market lunacy wouldn't be that crazy.
algos gettin' cranked up...
Lunch hour shake and bake?
Golf1 said:
Completely out of all of my positions. I've gotten killed over the last couple of weeks because I've been so bear heavy. Not sure if I've taken a call option if you want to know how my trading has been.
Will probably wait out next week just to learn this new market.
Edit: sold most of my spy puts for a loss in the 416.80 range… after that is dropped a $1 in 2 minutes. Lovely.
I don't even want to think about how much I would be up right now…
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Charismatic Megafauna said:
I've got xsp 415 pinned for no other reason than it seems like a happy spot in yesterday's opening range and most of day range, and this morning's opening range. Also i got them for .1, trying to fill more for .05
Come to papa
Wearing out F5 looking for lotto ideas...
How far wide is your spread?Charismatic Megafauna said:Charismatic Megafauna said:
I've got xsp 415 pinned for no other reason than it seems like a happy spot in yesterday's opening range and most of day range, and this morning's opening range. Also i got them for .1, trying to fill more for .05
Come to papa
AMD is so fun to trade.
By the way, if it loses 86, can move pretty quick to 85.3 or even sub 85.
By the way, if it loses 86, can move pretty quick to 85.3 or even sub 85.
This line wouldn't ever work at D&D's any coin, any drink night.FTAG 2000 said:
How far wide is your spread?
ProgN said:This line wouldn't ever work at D&D's any coin, any drink night.FTAG 2000 said:
How far wide is your spread?
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Lotto wide! (1)
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