$30,000 Millionaire said:
I'm going to sell half here to at least buy dinner and then I'm going to set a B/E stop on the rest.
Does everyone understand why I did that?
You don’t trade for money, you trade for freedom.
$30,000 Millionaire said:
I'm going to sell half here to at least buy dinner and then I'm going to set a B/E stop on the rest.
to "never let a green trade turn red". Seems so simple, but it works. I've been doing that on scalps this morning, 2 for 2 so far.$30,000 Millionaire said:$30,000 Millionaire said:
I'm going to sell half here to at least buy dinner and then I'm going to set a B/E stop on the rest.
Does everyone understand why I did that?
Sorry, this is where me being new at this comes in; I didn't get my verbiage exactly right.$30,000 Millionaire said:
Exxon pays dividends. It's okay to take out your cost basis and let the rest ride forever. It will pay you for life.
Charismatic Megafauna said:
This dip is right on script with the seasonality chart, followed by big green next week
3655-55 downside target clipped in #ES_F and this is the 1st stronger support zone after loss of 3700 this morning. Relief bounce spot, but no sustained upside possible until 3705 clears
— Adam Mancini (@AdamMancini4) October 7, 2022
3680, 3705 next resistances up. 3655 can't hold, we see 3630 - last stop before sub 3600 https://t.co/RDVSdW0IBk
Take your profit on first move and roll into VXX November $22 calls which should be $1.50 or lower at that point.Charismatic Megafauna said:Charismatic Megafauna said:
This dip is right on script with the seasonality chart, followed by big green next week
Bought a couple vxx 20.5p expiring next week
Looking like my gut was right today. When I typed this it was at about $7.70 - I've set a stop for $6.00 that will likely hit at this trajectory.CC09LawAg said:Sorry, this is where me being new at this comes in; I didn't get my verbiage exactly right.$30,000 Millionaire said:
Exxon pays dividends. It's okay to take out your cost basis and let the rest ride forever. It will pay you for life.
I hold 10 Jan 20 2023 contracts at $105.00. Not in on shares.
My fear was that if the dump bleeds into Monday and we open with a gap down that I could miss my stops by a significant amount and lose even more. I knew the close here might offer a little bit of a run up but didn't want to get baited into holding over the weekend.BREwmaster said:
well done!
lots of XOM dip buying into the close here
3655 was my main downside target today in #ES_F and after basing 2hrs there, its cracking into the close, putting 3630-35 final support in play
— Adam Mancini (@AdamMancini4) October 7, 2022
Worth noting that 4hr RSI(5) is now back extreme oversold after this dip, but bulls must clear a resistance for it to matter (now 3655) https://t.co/ahRcT6Mi9F
Meh, it could have workedSpoony Love said:
I'm guessing we see 362 today with the way selling is going currently. That would be a good stop then reverse to 365-366 to end the day red.
Not sure if anyone took these but they are up 50%. I am still holding at the moment.FJ43 said:
Bought June 23 15c on this one. Posted it a while back and ended up entering those. Please excuse all my lines. They are alert levels for me.