Apparently you didn't get the memo. We're all bullish now
Stock Markets
24,682,892 Views |
233387 Replies |
Last: 25 min ago by Ranger222
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Me too. I'd like to know what method allows him to definitively state that the bottom is in.$30,000 Millionaire said:Lake08 said:BREwmaster said:please enlighten us, lolLake08 said:
Charts aren't the end all be all. That's where most people fail. They pay too much attention to them.
Are charts always right? Do you know how many times posters here say "x" is going to happen because of a chart or graph and it does the opposite. That's all I am saying.
Please tell us your method. I'm interested.
GreasenUSA said:Me too. I'd like to know what method allows him to definitively state that the bottom is in.$30,000 Millionaire said:Lake08 said:BREwmaster said:please enlighten us, lolLake08 said:
Charts aren't the end all be all. That's where most people fail. They pay too much attention to them.
Are charts always right? Do you know how many times posters here say "x" is going to happen because of a chart or graph and it does the opposite. That's all I am saying.
Please tell us your method. I'm interested.
I have NO idea if anything is in. Just my .02. As for what I do, I sell calls on a weekly basis. I usually make around 4% on my money per week.
what led yourself (and same q for Ragoo) to hold TSLA overnight? I haven't looked at the chart, so I'm completely ignorant on this one, just wanted to get y'all's take.0708aggie said:
same. Had 10 $900 8/12's
and huge congrats!
Only been at this around two years but from reading your posts I am not sure if you look for an "overall bottom".
It looks like you have a trading account which utilizes shorter term technical indicators and a larger portfolio that is just DCA'd.
I also could give a rip about a bottom as I have the same.
Trading account is overall green on the year for the first time today though. I was in a hole on some trades I didn't cut sooner.
It looks like you have a trading account which utilizes shorter term technical indicators and a larger portfolio that is just DCA'd.
I also could give a rip about a bottom as I have the same.
Trading account is overall green on the year for the first time today though. I was in a hole on some trades I didn't cut sooner.
I went with my gut. Numbers couldn't be bad so the fix was already in. Since it was beaten down at close yesterday, I took advantage.
No technical analysis was really looked at here. So you could say I got lucky.
No technical analysis was really looked at here. So you could say I got lucky.
Busy with work so haven't kept up with research
General sentiment on TTD rip this am?
General sentiment on TTD rip this am?
Yes, exactly. This is what every trader I know does.
You don’t trade for money, you trade for freedom.
BREwmaster said:what led yourself (and same q for Ragoo) to hold TSLA overnight? I haven't looked at the chart, so I'm completely ignorant on this one, just wanted to get y'all's take.0708aggie said:
same. Had 10 $900 8/12's
and huge congrats!
They would have had 10 contracts at $4. Pretty decent bet that it wouldn't go to zero overnight. Paid off well.
You don’t trade for money, you trade for freedom.
Still haven't fully made up for the SQQQ losses from the last couple weeks, but getting there.
Farmer @ Johnsongrass, TX
Joined:
Sep 25, 2017
Posts:
5,415
How long do you want to ignore this user?
For you XOM players. If it can break $91.50 today, there is a good chance to drift to $95-$96. It's trying now..
The $95-$96 would happen during tomorrow to next week. Major head wind today is it's Ex-Div(8/11), last chance to buy today(8/10) to collect div. Likely see a setback tomorrow.
The $95-$96 would happen during tomorrow to next week. Major head wind today is it's Ex-Div(8/11), last chance to buy today(8/10) to collect div. Likely see a setback tomorrow.
I sold Dec 30C on MARA at 1.45.
Goal is to buy back at 0.7
Goal is to buy back at 0.7
You don’t trade for money, you trade for freedom.
It doesn't help to think that way. Loss happened, focus on moving forward and making smart decisions.Brian Earl Spilner said:
Still haven't fully made up for the SQQQ losses from the last couple weeks, but getting there.
You don’t trade for money, you trade for freedom.
I wouldn't buy it today but FSLY is very tight and a gap fill could happen very soon with all their earnings and negative news already out. Just FYI
Done for the day. It's actually easy to trade chop if you know how and aren't stupid with risk.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Really? Right when the big move is about to happen?!
Very nice! I'd love to do this too, unfortunately, someone is borrowing my MARA shares, at 8.375%$30,000 Millionaire said:
I sold Dec 30C on MARA at 1.45.
Goal is to buy back at 0.7
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Hey what happened to beer candles?
I don't see how there isn't a huge drop tomorrow based on current activity from today.
This is the longest time SPY has stayed above the 408-414 box in the last few weeks. What news am I missing that would send this higher tomorrow (assuming we stay relatively flat the remainder of the day)?
maybe I should have zoomed in on that chart a little more.
This is the longest time SPY has stayed above the 408-414 box in the last few weeks. What news am I missing that would send this higher tomorrow (assuming we stay relatively flat the remainder of the day)?
maybe I should have zoomed in on that chart a little more.
What big move? The big move was in futures. Market makers are just killing premium at the moment.Charismatic Megafauna said:
Really? Right when the big move is about to happen?!
You don’t trade for money, you trade for freedom.
Why does there have to be a huge drop? What bodes well for continuation is that the market held its gains today, and didn't sell off (yet).
On the flip side, we are back at the 150 MA, which is where QQQ dropped from on Monday, and S&P is also at its 150 MA for the first time since April.
On the flip side, we are back at the 150 MA, which is where QQQ dropped from on Monday, and S&P is also at its 150 MA for the first time since April.
Maybe I'm using TV poorly, I don't see it close to the 150.
And maybe a huge drop is hyperbole on my part, but the market fills gaps, and today created one.
And maybe a huge drop is hyperbole on my part, but the market fills gaps, and today created one.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Yeah I'm trying to force trades. My triangles closed out but all that happened was more chop
What do we think on TTD? I missed my chance to go net free on shares bought back before the split when it hit $100. This time I want to go net free but keep as many shares as I can. Right now I'd need to sell around 2/3 of them.
What kind of continuation can we get here?
What kind of continuation can we get here?
Ok,Charismatic Megafauna said:
Yeah I'm trying to force trades. My triangles closed out but all that happened was more chop
If you're long: first target would be 4210 followed by 4220 (today). If you're short, your target is first the VWAP which is 4196 and then 4192.
Safer move is to wait for something to clear. On days like today there are normally buy imbalances into the close which would push price up after a dip into 2:30. This is also a really big move, so you could see downside action. I probably wouldn't get short unless price started to stay under the VWAP.
Right now, you shouldn't be putting any trades on unless they are very small scalps with tightly defined risk. The volume will return at 2:30.
You don’t trade for money, you trade for freedom.
There's your VWAP touch megafauna. Let's see if price stays under now.
You don’t trade for money, you trade for freedom.
I'm gonna live play this for you.
See that bounce so far? That's a reaction you would expect. What you want to look for is a bounce, fail, 5 minute close below VWAP and then it might get started a bit.
See that bounce so far? That's a reaction you would expect. What you want to look for is a bounce, fail, 5 minute close below VWAP and then it might get started a bit.
You don’t trade for money, you trade for freedom.
I think there is a lot of liquidity here (not looking at profile, just guessing from PA). Still need to wait.
You don’t trade for money, you trade for freedom.
TTD has broken out but today's move is significant. They beat earnings and guided higher so I don't see it going near the 40's again, but it will pullback. If you can, I'd take advantage of today's move and write CC's out 2-3 weeks because premiums are juiced.AgEng06 said:
What do we think on TTD? I missed my chance to go net free on shares bought back before the split when it hit $100. This time I want to go net free but keep as many shares as I can. Right now I'd need to sell around 2/3 of them.
What kind of continuation can we get here?
There has been a lot of action around this level today.
You don’t trade for money, you trade for freedom.
I don't want to short this yet. I think this is taking liquidity.
You don’t trade for money, you trade for freedom.
Like I thought, trap so far.$30,000 Millionaire said:
I don't want to short this yet. I think this is taking liquidity.
You don’t trade for money, you trade for freedom.
VWAP tested and held.
Tricky spot here, but if I had to guess one way, i think we go to 4210.
Tricky spot here, but if I had to guess one way, i think we go to 4210.
You don’t trade for money, you trade for freedom.
Premium killing moves here.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire said:
VWAP tested and held.
Tricky spot here, but if I had to guess one way, i think we go to 4210.
Featured Stories
See All
26:41
4h ago
4.3k
Second CFP rankings of 2024 sees Texas A&M move down to No. 15
by Richard Zane
10:53
23h ago
2.9k
ElkoSZN
Instead of scheduling tough non-conference games like ND...
in Billy Liucci's TexAgs Premium
44