I am totally out now with a 40% return. Thank you and the rest of the people here for preaching on taking the singles and watching position sizes. I have been careful to get in the market only when I can watch carefully and started scaling out when I am up 10 to 20%. Thanks to that I am up 16% MTD and have a week of only green trades.BrokeAssAggie said:BrokeAssAggie said:
added a couple SPY $387 Put lotto's. 0.75 entry
Sold all but 1 contract at $1.35.
Stock Markets
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Market was looking for a reason to break above the range, or fail. Looks like AAPL news gave the market a reason to fail.
WTG Doc
very nice.
dump incoming..
FJ43 said:
Where we going boys?
Traders market. Easy short boys. I'm out of the short here. May try to take long scalp on the 21EMA (yellow EMA).
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
This.Bob Knights Liver said:BaylorSpineGuy said:Jim Cramer is ringing the bell at the New York Stock exchange tomorrow.
— unusual_whales (@unusual_whales) July 17, 2022
The last time he did it, March 10th, 2015, became, up until that point, the worst day in the market of 2015.
The Dow plummeted 332.7 points, while the S&P 500 and Nasdaq both dropped about 1.7%.
sold half the puts
if 3850 doesn't hold this is going to fall hard, no big buying yet
3805 after that.
Apple announcing they are "slowing hiring"
if 3850 doesn't hold this is going to fall hard, no big buying yet
3805 after that.
Apple announcing they are "slowing hiring"
Spent the morning operating and missed the plunge. Now can't trade cause I've got a follow up case :-(.
Let me be the first to say I called it technically with what I wrote last night.
Cheers to any idiots who followed me! Lol
Let me be the first to say I called it technically with what I wrote last night.
Cheers to any idiots who followed me! Lol
3850 looks like it is on deck for SPX since it looks like it rejected Friday's close at 3860.BREwmaster said:
sold half the puts
if 3850 doesn't hold this is going to fall hard, no big buying yet
3805 after that.
Apple announcing they are "slowing hiring"
Can we get a poop here please?
no sign of reversal imo, I bet we continue on to the next target, around 3800.
but I'm sure after I post this we climb back up! (and i'm all out of my puts)
but I'm sure after I post this we climb back up! (and i'm all out of my puts)
Sure?Brian Earl Spilner said:
Can we get a poop here please?
Hit my sell limit early, then my buy limit at the close.
Solid day.
Solid day.
Well done!
Wasn't able to trade today until 2:25pm. Was 4 for 5 on scalps. Was snagging puts and got 1 too many at the tiny little reversal before the closing bell. Cut that one for a loss and flipped to call to recoup some of it. Most of these scalps were less than 1 minute long per trade.irish pete ag06 said:irish pete ag06 said:irish pete ag06 said:irish pete ag06 said:irish pete ag06 said:
SPY 383P
+2.44% on day
8 straight green.
Done for day, now off to ArcGIS to map for my brother and make more $ today.
Another green day! Trying to turn into Tony Gwynn with the base hits. Spending very little time in each trade.
Traded SPY both directions.
9 green in a row.
+2.83% image flagged, it's so random when it chooses to flag.
I'm overnighting a small SQQQ position.
10 in a row green.
This was a wild ride today.
Sold SQQQ overnight for profit.
Bought SPY puts when in the AM but ended up taking a loss when it rocketed at 9:30am.
Tried to flip to calls, but got shook out again.
Went to QQQ and got into calls... I honestly went a little too heavy and also got in a little too early, but I was convicted it was going to get a new HOD and it did and I scaled out.
Thankfully about 5 or 6 bars before this absolute stop loss raid.
I honestly feel a little dirty about how I traded today. I held too long. Every losing trade could have been a winner. I also somewhat revenge traded and it worked out, but man if it hadn't... I'd have been staring at a -10% type day. But green is green I reckon.
Edit to say I degen'ed... couldn't help but think there was at least one more flush left in QQQ so a small put
Back to my old ways today. In and out quick. See green take green. I'm done for the day. 11 green in a row.
Tony Gwynn. Trying to be like Tony.
12 green in a row. Today felt a little more like a double than a single.
I got close to cutting this too… at one point the trade was down 14%… got in a little too early.
One of the best weeks I can remember for me since trying to start actively trade options.
I can't complain. My goal is 1% a day and I had that, but overtraded. I'll still take green though.
Today felt like this... was going for my single but had to pivot at the end to keep it green.
It's 13 green in a row, but not by much!
Also had a good reason to miss the morning trading... me and my 7 year old son played our first 2 man scramble today and we won (only 2 teams)... but we shot 1 under par together.
Test
ETA: cool
ETA: cool
sort of a weird close in my opinion because it closed within Friday's price range. Hard to forecast what happens overnight, but I think some cool off was required.
The 3900 area is some stiff resistance now and the 3820 area has held as support.
If you're playing tomorrow, i'd probably lean bullish above 3820, lean bearish below it.
The 3900 area is some stiff resistance now and the 3820 area has held as support.
If you're playing tomorrow, i'd probably lean bullish above 3820, lean bearish below it.
You don’t trade for money, you trade for freedom.
I am just here to watch Tesla earnings this week. No trading for me.
How's Portugal with the family and Gougler's family going?
this is how you all should be looking at this.
You don’t trade for money, you trade for freedom.
Awesome!
Same lines bro….
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
it was great. We had a lot of fun. Just spouses. Met up with other college friend couples for a wedding in the middle but got a lot of sightseeing and food consumption done along the way.ProgN said:
How's Portugal with the family and Gougler's family going?
That's great! I bet the getaway did everyone well.
My combined YTD for both accounts (Brok+Roth) since I started trading leveraged ETFs.
Great work
You don’t trade for money, you trade for freedom.
Congrats. That's solid especially in this market since March.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I had drawn some on SPY but since deleted.... noticed we had been making higher lows and lower highs... trading to a big move soon.$30,000 Millionaire said:
this is how you all should be looking at this.
This is why I think Tesla earnings this week are important to watch.
Tell me someone took the Mara 10c I mentioned last Friday ? Those went about 4X today.
I missed it being in meetings and driving. Didn't set alerts.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Tricky trading. Have to be quick. Obviously I took the puts off a little early but still nice trade off the open into multiple resistances.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,972
How long do you want to ignore this user?
I made a couple trades of TSLA calls from 8:34-8:43 and 8:44-8:49. 6% profit to my trading account. I dicked around a bit after that and made a little bit, but largely sideways. AAPL, AMZN, and QQQ will be interesting tomorrow. I may cut back on TSLA trades the next couple days if we see wild volatility as we get closer to earnings.
6% is massive!Bob Knights Liver said:
I made a couple trades of TSLA calls from 8:34-8:43 and 8:44-8:49. 6% profit to my trading account. I dicked around a bit after that and made a little bit, but largely sideways. AAPL, AMZN, and QQQ will be interesting tomorrow. I may cut back on TSLA trades the next couple days if we see wild volatility as we get closer to earnings.
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