Here is the USO scalp from earlier:

I noticed USO was trading down but was starting to consolidate, which might indicate a reversal.

I decided to take a scalp with 15% risk, which means my profit target is ~15% or so. I saw a low volume candle pushdown and took a long with a tight stop in the demand area (1 minute). I exited on a 1 min supply break, but because we're in a down trend, I know that a false breakout is likely and that it will fail (which it did).

Here's the SPY trade.

My mistake was to raise the stop when we crossed the 15% profit threshold. I knew that this was a counter trend long and failure was likely. This dipped below our entry before reversing and continuing up. If you kept the original $2 stop, this really paid off for you. Likely with a 100% gainer. We got stopped for $5 per contract.

Here's what I've currently got on DNN.



Log scale for the statistics impaired (like me)

oh man i googled BBW without the $ in front... should have had safe search on. :-\

TecRecAg said:

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oh man i googled BBW without the $ in front... should have had safe search on. :-\

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There's a better ticker, go ahead and search for the new startup called NSFW and their subsidiary BBC. I'm thinking they're gonna have huge returns.

Imagine you bought RIVN up at 170.

Wouldn't be surprised if RIVN goes green tomorrow. They never deserved to be at $170 yet, but they're not a $35 stock. Soros is in it at $60ish

TecRecAg said:

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oh man i googled BBW without the $ in front... should have had safe search on. :-\

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Knock knock
Mr. TecRec.... My name is Susan from HR. IT notified us about an unusual alert from your computer, will you come to your managers office with me

TecRecAg: What the Fck do you want, KAREN?!? I'm trying to buy stock!

Luckily no HR to deal with at my job

I have said it before and I will say it again...

I am in HR - and yes I know all HR sucks and it's all HRs fault all the time - but, long ago I would have fired 98% of the people on this thread.

That's how I know I'm with the right crowd

cjo03 said:

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I have said it before and I will say it again...

I am in HR - and yes I know all HR sucks and it's all HRs fault all the time - but, long ago I would have fired 98% of the people on this thread.

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Company I worked for did an I/T sweep of the system. Those visiting gambling and porn sites - all against company policy. The list of names was brought up. Senior leaders tried to save their friends. CEO said, no one gets saved, it's either all or none. That's what happen. All of them - every single one of them canned - senior leaders to entry level. EE's trying to say it was their kid accessing their work computer doing the illegal surfing. HR asks EE, how did the kid access your work computer? EE's saying the password was written on a paper next to computer. Boom! another terminable offense, passwords not to be written down or shared. There was no way out for these folks. I'll never forget it. Lost a lot of workmates that day. My next door neighbor was one of them. Can't imagine,...Hey Honey, I'm home, just so you know, I got fired for porn. .... What's for dinner?

Farmer @ Johnsongrass, TX said:

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cjo03 said:

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I have said it before and I will say it again...

I am in HR - and yes I know all HR sucks and it's all HRs fault all the time - but, long ago I would have fired 98% of the people on this thread.

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Company I worked for did an I/T sweep of the system. Those visiting gambling and porn sites - all against company policy. The list of names was brought up. Senior leaders tried to save their friends. CEO said, no one gets saved, it's either all or none. That's what happen. All of them - every single one of them canned - senior leaders to entry level. EE's trying to say it was their kid accessing their work computer doing the illegal surfing. HR asks EE, how did the kid access your work computer? EE's saying the password was written on a paper next to computer. Boom! another terminable offense, passwords not to be written down or shared. There was no way out for these folks. I'll never forget it. Lost a lot of workmates that day. My next door neighbor was one of them. Can't imagine,...Hey Honey, I'm home, just so you know, I got fired for porn. .... What's for dinner?

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Should have just fired IT for not blocking those sites.

I got in trouble for excessive ESPN and yahoo finance use when I was more junior. My boss came by and said something like: "IT ran a report and it says that you're on ESPN, Yahoo Finance, and this Texas A&M website 6 hours a day. HR said I should fire you for stealing from the company being on the internet 6 hours a day. I told them you were my top performer and it wasn't even close, so surely there is a glitch. How are you able to get all this work done only working 25% of the time?"

I told the boss man that I spent a lot of time thinking about what to do and after I had decided what to do, it didn't take me very long to execute, and that I thought about it while reading sports articles, but everyone else was either really dumb or just trying to look busy. I also told him that leaving a stream up in the background that auto refreshed didn't mean I was constantly looking at it.

I feel like that's something companies do when they're circling the drain and just need to lower headcount

The HR rep was this horribly fat lady, probably early 30s at the time. She had no dating prospects and she treated her dog like a child, literally dropping the dog off at dog day care every day. She told me I would never amount to anything because I was insubordinate.

before i went to industry, i was in HR consulting with Deloitte.. only went to Deloitte (Houston) office on Fridays but I remember seeing TexAgs open on multiple peoples screens around the building all the time...

...my hypothesis was employees that confidently left TexAgs up on their 2nd monitor were likely much greater employees than those that scurried to pull up a spreadsheet when people walked by and pretend like they weren't human.

[Not on this board. -Staff]

$30,000 Millionaire said:

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The HR rep was this horribly fat lady, probably early 30s at the time. She had no dating prospects and she treated her dog like a child, literally dropping the dog off at dog day care every day. She told me I would never amount to anything because I was insubordinate.

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Do you send her a Christmas card every year with a dollar in it? please say yes, lol ... plus maybe your business card so she can be reminded "you made it"

The $50K account is up to just about $4,900 in gains assuming max profit on the short puts we sold today. There are too many trades to fit the whole spreadsheet in one picture now.

Some highlights:

• We have collected $270 in premium on 100 shares on DKNG. We're slightly under water on it, but we won't be for long and we will keep mining it
• About $100 in premium on PLTR so far, we've lowered our base to $10.68 and my plan is to keep doing it until we get assigned
• $237 from LGVN
• $667 in profit on SPY, but only $87 on XSP. I had two losers this past week
• 79% overall win rate

that would be awesome, but alas, no.

$30,000 Millionaire said:

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The $50K account is up to just about $4,900 in gains assuming max profit on the short puts we sold today. There are too many trades to fit the whole spreadsheet in one picture now.

Some highlights:

• We have collected $270 in premium on 100 shares on DKNG. We're slightly under water on it, but we won't be for long and we will keep mining it
• About $100 in premium on PLTR so far, we've lowered our base to $10.68 and my plan is to keep doing it until we get assigned
• $237 from LGVN
• $667 in profit on SPY, but only $87 on XSP. I had two losers this past week
• 79% overall win rate

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any ideas what "we" are gonna do with the profits?

I had a very similar experience. I came to the conclusion with my boss that 60% of the day people are "acting busy" and 40% working. I told her I thought that was still high. I asked for more responsibility but they had nothing. I asked if she would prefer me to stay till 5 every day to just "punch the clock" and she said yes. I no longer work there. My boss now who is a family friend said if you get your work done in 3-4 hours go home or go do something fun. No need to waste time just to look busy. I'm in a very much happier state of mind.

Aggiesincebirth said:

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I had a very similar experience. I came to the conclusion with my boss that 60% of the day people are "acting busy" and 40% working. I told her I thought that was still high. I asked for more responsibility but they had nothing. I asked if she would prefer me to stay till 5 every day to just "punch the clock" and she said yes. I no longer work there. My boss now who is a family friend said if you get your work done in 3-4 hours go home or go do something fun. No need to waste time just to look busy. I'm in a very much happier state of mind.

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cjo03 said:

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I have said it before and I will say it again...

I am in HR - and yes I know all HR sucks and it's all HRs fault all the time - but, long ago I would have fired 98% of the people on this thread.

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You gonna fire all 6 of me?

Today ****ing sucked.

I wasn't active today because I had to go to a funeral for a very close friend. This was my 3rd funeral in 2 years for family and friend. I need a break from **** like this, I really do. I love to laugh and make others laugh. That said, all you MFers in here don't die anytime soon because I couldn't take it. I like and respect all you *******s on this thread, even y'all on team blue. I may not agree with you, but I wouldn't attack you either, This respect is non-transferable to your brethren on F16 that are total *******s.

I'm going to have another drink.