Bonfire1996 said:
2 replies and it hasn't been posted? Come on…
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Last: 8 min ago by confucius_ag
Red Pear Luke (BCS)
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AG
Bob Knights Paper Hands
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Woulda been cooler if it did it today.
Charismatic Megafauna said:Brian Earl Spilner said:
Threw $1k into SOXL to try and catch a little bounce here.
Every time i feel like an idiot over here tryna catch these knives, i take comfort in knowing my boy BES is catching them right there with me!
I don't know why you guys would knife catch.
Careful buying SOXL with NVDA reporting earnings AMC tomorrow. NVDA is about 8% of SOXX and is trading at 55 PE. I'm not optimistic given the China issue and crypto crash.
ProgN said:
Caterpillar employee 'immediately incinerated' after falling into pot of molten iron, OSHA says (kwtx.com)When you're having a really bad day try to keep things in perspective.Quote:
MAPLETON, Ill. (Gray News) A Caterpillar employee was "immediately incinerated" when he fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees Fahrenheit, according to the U.S. Occupational Safety and Health Administration.
OSHA said in a news release Wednesday that the death of the 39-year-old employee happened on June 2 at a Caterpillar foundry in central Illinois, which produces cast iron engine components.
It was only the employee's ninth day on the job.
A federal investigation determined that, if proper safety guards had been installed, the death could have been avoided, OSHA said.
Investigators with OSHA found that the foundry regularly exposed employees to unprotected fall hazards as they worked close to deep containers of molten iron.
The employee who died was a melting specialist who was removing a sample of iron from a furnace when he fell into the melting pot.
Wonder if Pete buttigieg will shut it down for more than 6 months like he did with the non-fatal Freeport LNG facility, or if that was just a political shutdown
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$30,000 Millionaire said:
I don't know why you guys would knife catch.
I know this is "correct," but what would you say is the right way to play a move like that? Brew fomo'd into puts on the way down, but that seems equally reckless.
My aar is that move was the market making an overly violent move in the direction it wanted to go anyway, on whatever news happened to come along at about the right time. So was it wrong to assume it was going to swing back just as fast?
Or is the only right answer to get stopped out (or take your profits) then sit on the sidelines and wait for it to shake out?
Anyone take this from about 10 days ago?FJ43 said:
Hmmmm interesting chart. Volume. Consolidating.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
T making its way filling the gap posted about 10 days ago.FJ43 said:About time for me to enter this one. Farmer special. Would play shares for gap fill hold. Or…options out to March. 20c for me if so.FJ43 said:
Looking for setups this evening. Not one I typically trade but is a Farmer special. Know T has been one he has keyed on previously.
Watch this one for gap fill potentially. Post earning.
Farmer has too be happy at least….
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Probably fills 1st gap. Possibly to 2nd box.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Exited these at MT. Gold SR. If you followed take off or at very least go net free. I am all out.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.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Bob Knights Paper Hands
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Yes the right way is to allow your stops to save your capital, then to patiently wait for a good setup. If that means joining in on the way down based on a target and stop you get from TA, then do that. If that means waiting for a reversal to confirm and then getting in to the upside, do that. What is not correct is holding on to longs too long or buying OTM 0Dte calls like a newb. Anybody that does that has to wear the dumbass hat and tee of with their pants down.
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I have no idea who would waste money like that.
The folks who have spent this entire bear market catching falling knives would have made much more money trading with the trend.
Futures seemed to like Trumps announcement
Showing up 330 atm
Showing up 330 atm
You have no idea how short I am.
— Cassandra B.C. (@michaeljburry) November 16, 2022
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I mean, i guess that's what i was doing, buying calls at my previous s/r levels and getting stopped (manual/mental stops) as the levels failed. Maybe it just felt like knife catching.
And they were 1dte
And they were 1dte
actually those were my biggest winners today. Once we lost the low of the day, I started to look at puts. I bought 0dte's and a couple puts, tomorrow exp. The first big candle down (and loss of that previous level) I went in heavy. I LOVE these sharp sells in this market btw, lose a key level with volume, Boom! They are a fast easy way to make money.Charismatic Megafauna said:$30,000 Millionaire said:
I don't know why you guys would knife catch.
I know this is "correct," but what would you say is the right way to play a move like that? Brew fomo'd into puts on the way down, but that seems equally reckless.
My aar is that move was the market making an overly violent move in the direction it wanted to go anyway, on whatever news happened to come along at about the right time. So was it wrong to assume it was going to swing back just as fast?
Or is the only right answer to get stopped out (or take your profits) then sit on the sidelines and wait for it to shake out?
bought 11/16 396 P's for 1.20, sold 6 minutes later for 2.15, and stopped out of the other half at 1.87
also same time frame and move, bought small portion of 0dte, 394P's and sold 2 minutes later for .67, yes, 2 minutes later, the move started to consolidate a little and I sold, then concentrated on watching the tomorrow exp 396 P's.
and I am far from perfect, but cut losers short today and let half the puts run. .
Oh, and here's the move, there's the previous LOD, 399.37...Boom, lost it at 12:14.
and here's 2 "door knocks" on a level I have (which happens to be Friday's high, coincidentally the morning LOD). I could've also entered off of loss of the level above. I'll put an arrow on the blow off top looking candle.
I'm still learning, but main thing that has helped me is chart my own levels and watch candles and volume for signals. i also like FJ's 2 minute chart! I started using 2 minute for scalping.
I'm still learning, but main thing that has helped me is chart my own levels and watch candles and volume for signals. i also like FJ's 2 minute chart! I started using 2 minute for scalping.
Good stuff Prog! Great trade!
Charismatic Megafauna said:$30,000 Millionaire said:
I don't know why you guys would knife catch.
I know this is "correct," but what would you say is the right way to play a move like that? Brew fomo'd into puts on the way down, but that seems equally reckless.
My aar is that move was the market making an overly violent move in the direction it wanted to go anyway, on whatever news happened to come along at about the right time. So was it wrong to assume it was going to swing back just as fast?
Or is the only right answer to get stopped out (or take your profits) then sit on the sidelines and wait for it to shake out?
Let a 15 minute low establish and then use that as your reference for a stop.
TGT
sts7049 said:
TGT
$TGT stock murdered down 10%. Profit expected $2.5, only came in around $1.5.
— emini (@TicTocTick) November 16, 2022
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
TGT said in store theft is up 50% yr over yr.
This soft on crime nonsense because it's not "fair" is going to lead to a ton of store closings industry wide. I'll have zero empathy for people that complain about 'food deserts' in the near future. Stores are in business to make a profit, not to donate goods for the betterment of humanity.
Trading related:
Based on what the TGT CEO said, I'll be looking at graphs of BBY later this morning to pick the price that I'll short the hell out of it.
This soft on crime nonsense because it's not "fair" is going to lead to a ton of store closings industry wide. I'll have zero empathy for people that complain about 'food deserts' in the near future. Stores are in business to make a profit, not to donate goods for the betterment of humanity.
Trading related:
Based on what the TGT CEO said, I'll be looking at graphs of BBY later this morning to pick the price that I'll short the hell out of it.
NATO chief says Poland blast likely caused by Ukrainian missile but not Ukraine's fault
https://www.cnbc.com/2022/11/16/nato-says-poland-missile-strike-was-not-deliberate-or-ukraines-fault.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
https://www.cnbc.com/2022/11/16/nato-says-poland-missile-strike-was-not-deliberate-or-ukraines-fault.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
I guess as long as Ukraine is the aggressor, it's ok. Nothing to see here. Their errors are looked upon differently.
So tired of this….
So tired of this….
BaylorSpineGuy said:
I guess as long as Ukraine is the aggressor, it's ok. Nothing to see here. Their errors are looked upon differently.
So tired of this….
Kind of a weird take if it was an air defense missile fired in defense of actual offensive missiles, but okay…
SoTXAg09 said:BaylorSpineGuy said:
I guess as long as Ukraine is the aggressor, it's ok. Nothing to see here. Their errors are looked upon differently.
So tired of this….
Kind of a weird take if it was an air defense missile fired in defense of actual offensive missiles, but okay…
But do we know that's the case? Has there been any evidence to suggest Russia fired a missile in that direction and then the Ukrainian defense system blew up those missiles and then shrapnel hit a grain silo or whatever?
BaylorSpineGuy said:SoTXAg09 said:BaylorSpineGuy said:
I guess as long as Ukraine is the aggressor, it's ok. Nothing to see here. Their errors are looked upon differently.
So tired of this….
Kind of a weird take if it was an air defense missile fired in defense of actual offensive missiles, but okay…
But do we know that's the case? Has there been any evidence to suggest Russia fired a missile in that direction and then the Ukrainian defense system blew up those missiles and then shrapnel hit a grain silo or whatever?
https://texags.com/forums/16/topics/3274372/0#discussion
That seems to be the current thinking
Trying two things:
1) long Spxu stop 15.1
2) long BOIL at $36, stop $35
1) long Spxu stop 15.1
2) long BOIL at $36, stop $35
GENESIS SAYS FTX HAS CREATED UNPRECEDENTED MARKET TURMOIL, RESULTING IN ABNORMAL WITHDRAWAL REQUESTS WHICH HAVE EXCEEDED OUR CURRENT LIQUIDITY
— *Walter Bloomberg (@DeItaone) November 16, 2022
if these events haven't convinced you to never store your crypto on exchanges, then you deserve to lose your money
Flyers found on TXST campus contain unsubstantiated threats of explosions, no credible threat found | San Marcos Record
Someone at TXST wanted a 2 week Thanksgiving holiday. With all the cameras everywhere now, somebody is going to be in deep *****
Someone at TXST wanted a 2 week Thanksgiving holiday. With all the cameras everywhere now, somebody is going to be in deep *****
$30,000 Millionaire said:
Trying two things:
1) long Spxu stop 15.1
2) long BOIL at $36, stop $35
Trimmed Spxu. Stop at even on rest.
If data centers are being built, nvda is pumping cash flow
Nat gas is pretty extended. It should come back.
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