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24,640,445 Views | 233293 Replies | Last: 1 hr ago by Heineken-Ashi
$30,000 Millionaire
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AG
moving to 8
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
punched out at $8

Not bad, $170 for 3 minutes of work.
You don’t trade for money, you trade for freedom.
fightintxag13
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AG
fightintxag13 said:

Wouldn't be so sure about ripping faces off. Could be an inverted H&S forming on SPY.
Glad I gave myself an out by saying "could be"...I'll go back to lurking now.

Bob Knights Paper Hands
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Relentless selling right now. I keep waiting for it to reverse, but we're running out of time. I wish I'd have turned and played the downside but then we got extended enough that I felt like I would be chasing.
BrokeAssAggie
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Bob Knights Liver said:

Relentless selling right now. I keep waiting for it to reverse, but we're running out of time. I wish I'd have turned and played the downside but then we got extended enough that I felt like I would be chasing.
yeah, pretty wild day..
$30,000 Millionaire
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AG
i'm probably going to short again in a second here.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
have I entertained you guys today?

You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
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Ok now let's do something stupid to close at 4415. TSLA or 1022 or something ridiculous!
BaylorSpineGuy
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Yes, Gladiator!
Bob Knights Paper Hands
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If we get below 4370.5, SPX could really drop.
$30,000 Millionaire
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looking for a spike and then i'm going to short.

Let's go ahead and risk small in 50K account:2 XSP 437P at 0.3

Max risk obviously.
You don’t trade for money, you trade for freedom.
jwhitlock3
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Bob Knights Liver said:

If we get below 4370.5, SPX could really drop.


I thought 4340 was inevitable at 10am this morning only for it to reclaim 4385. This market is whack.
Paradise Ag
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AG

So glad we got rid of that last guy runnin' the show and his dumbass low-unemployment, low-inflation, energy independent economy. Finally got someone in charge who truly understands that a low tide sinks all boats.

Mildly shocked to discover that a group of people who get confused about gender and consider looting legal are also pretty lousy at conducting profitable business. Go figure.
gigemJTH12
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AG
really hate $WWR..losing faith
BaylorSpineGuy
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Nuclear long here on a double
Bottom?
BrokeAssAggie
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BaylorSpineGuy said:

Nuclear long here on a double
Bottom?
Hell of a bull close..
Triple_Bagger
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Strange close. SPX ripped while ES continued to fall, now below support.

The bear in me says that rally was just short covering.
BaylorSpineGuy
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It doesn't make sense to me. SPY rallied hard to close but ES futures cont'd to meltdown slowly at the end. I thought futures more or less direct the SPY. Small error there for me. Caught it quick tho.

More likely to go big long once futures above 4410-15.
$30,000 Millionaire
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AG
bulls saved it.

Well, great day for me nontheless.
You don’t trade for money, you trade for freedom.
BrokeAssAggie
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Just STFU!

CheladaAg
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AG
Very low volume day..
slacker00
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AG
Triple_Bagger said:

Strange close. SPX ripped while ES continued to fall, now below support.

The bear in me says that rally was just short covering.
Your /ES chart is likely delayed data.
$30,000 Millionaire
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AG
quite the e-mini move.
You don’t trade for money, you trade for freedom.
willowratio
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Strategy question. I'm new to most of this, so I might be way off base.

I have WWR at an average a little less than 2.5 per share. Could I sell 2.5 calls to collect premiums on half? If it gets back to 2.5 I'd be keeping the premium and benefiting from the raise on price.
BrokeAssAggie
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$30,000 Millionaire said:

quite the e-mini move.


I made a quick 20% on some SPY calls I bought right at close and sold AH.
Charismatic Megafauna
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AG
Bob Knights Liver said:

Charismatic Megafauna said:

Buying weekly twtr spreads on this morning's weakness is dumb, right? I should be buying puts instead?

These are working out pretty well for you so far.

Low key 7.5% day... I'm excited to see how this plays out!
$30,000 Millionaire
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AG
BrokeAssAggie said:

$30,000 Millionaire said:

quite the e-mini move.


I made a quick 20% on some SPY calls I bought right at close and sold AH.
great work.

I really thought they would dump it into close, but I am glad I had the wisdom to take the overwhelming majority of my 0 DTE profits ahead of time.

Wisdom gained by doing the wrong thing repeatedly
You don’t trade for money, you trade for freedom.
BaylorSpineGuy
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When do SPY options close? I tried buying some at 3:19 but no luck. 3:15 pm?
Triple_Bagger
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Is ES1! on trading view delayed?
BrokeAssAggie
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BaylorSpineGuy said:

When do SPY options close? I tried buying some at 3:19 but no luck. 3:15 pm?
yes, 3:15
Triple_Bagger
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BaylorSpineGuy said:

When do SPY options close? I tried buying some at 3:19 but no luck. 3:15 pm?
3:15
BaylorSpineGuy
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Got preoccupied paying some student loans and lost track of time.

On a positive note, only $29K left on $334K in loans. I can smell it now!
BrokeAssAggie
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BaylorSpineGuy said:

Got preoccupied paying some student loans and lost track of time.

On a positive note, only $29K left on $334K in loans. I can smell it now!


That's awesome!
slacker00
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AG
Yes, unless you pay extra for the CME data it is delayed on TV and most free sites. I think the delay is 15 min. Some brokers offer it for free and some also charge for data.
G Money
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You keep the premium no matter what.

If at expiration, you get $2.50 for your shares if price is over $2.50. You keep your shares if below $2.50.
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