They're stealing your paper
You don’t trade for money, you trade for freedom.
But then how could he shake the money tree for the institutions?Ag CPA said:
I wish they would get rid of the press conference Q&A; JP always manages to say something off the cuff that he then has to walk back the following month. Just issue a statement and move on or, better yet, don't even tell anyone if you hiked or cut like the old days and let the market figure it out.
Buying $SPY $403 expiring puts here under $1 ahead of comments. Risk to $0.75
— Disciplined Trading (@oldarmy1) February 1, 2023
Here is the statement he will be walking back in the coming weeks…FTAG 2000 said:But then how could he shake the money tree for the institutions?Ag CPA said:
I wish they would get rid of the press conference Q&A; JP always manages to say something off the cuff that he then has to walk back the following month. Just issue a statement and move on or, better yet, don't even tell anyone if you hiked or cut like the old days and let the market figure it out.
they did stops dirty only to rip their faces and hearts.$30,000 Millionaire said:
They're stealing your paper
These went from 100+% profit to worthless in 20 minutes. Wowoldarmy1 said:
This was my trade of the day. Patiently waited until 5 minutes before fed comments to enter $403 Puts just under $1 and trimmed uintil last 25% sold at $2.40.
Now look upBuying $SPY $403 expiring puts here under $1 ahead of comments. Risk to $0.75
— Disciplined Trading (@oldarmy1) February 1, 2023
Yup....I had made it clear to be fast on cleaning up profits along the way. I got within a penny of the high on final sell, which was dumb luck.Boy Named Sue said:These went from 100+% profit to worthless in 20 minutes. Wowoldarmy1 said:
This was my trade of the day. Patiently waited until 5 minutes before fed comments to enter $403 Puts just under $1 and trimmed uintil last 25% sold at $2.40.
Now look upBuying $SPY $403 expiring puts here under $1 ahead of comments. Risk to $0.75
— Disciplined Trading (@oldarmy1) February 1, 2023
$SPY $403 puts....why we're quick to sell. Look at that big spike move and then into dust. 😂 pic.twitter.com/GJMzyjwhit
— Disciplined Trading (@oldarmy1) February 1, 2023
I think the market is over the fed at this point. What is going to cause a bust is the destruction of corporate earnings that is on the way. Most of these rate hikes are just now starting take effect. Not to mention the "quantitative tightening" that everyone seems to be forgetting about.Quote:
Nothing. It doesn't matter what is said. Bulls keep pushing it up. Still feel like at some point it's going to be a great short but bulls haven't let off the gas yet.
Powell made some comments about inflation easing.EngrAg14 said:
What did then feds say to push upwards?
FTAG 2000 said:
We are coming into the December high for SPY. Also repeated back in November.
411.52ish.
Given this OA1 do you think we hit 420 within a week or so given major earnings coming up, assuming the likes of Apple don't crap out.oldarmy1 said:
That inflation is moving down even with jobs remaining strong.
I appreciate the lesson. I didn't trim fast enough and ended up at a net loss, but it's relatively cheap tuition. I actually still have 4 contracts valued at 3.5 cents each lololdarmy1 said:Yup....I had made it clear to be fast on cleaning up profits along the way. I got within a penny of the high on final sell, which was dumb luck.Boy Named Sue said:These went from 100+% profit to worthless in 20 minutes. Wowoldarmy1 said:
This was my trade of the day. Patiently waited until 5 minutes before fed comments to enter $403 Puts just under $1 and trimmed uintil last 25% sold at $2.40.
Now look upBuying $SPY $403 expiring puts here under $1 ahead of comments. Risk to $0.75
— Disciplined Trading (@oldarmy1) February 1, 2023$SPY $403 puts....why we're quick to sell. Look at that big spike move and then into dust. 😂 pic.twitter.com/GJMzyjwhit
— Disciplined Trading (@oldarmy1) February 1, 2023
Dang clients!Boy Named Sue said:
I know you did. I had to take a call from a client and missed the exit for those 4. This time, it wasn't greed/FOMO that cost me
Man I have been burned by this two many times to count! I feel your pain on this one big time.Boy Named Sue said:
I know you did. I had to take a call from a client and missed the exit for those 4. This time, it wasn't greed/FOMO that cost me
same page on CNBC as the reports of JPow:Bonfire97 said:I think the market is over the fed at this point. What is going to cause a bust is the destruction of corporate earnings that is on the way. Most of these rate hikes are just now starting take effect. Not to mention the "quantitative tightening" that everyone seems to be forgetting about.Quote:
Nothing. It doesn't matter what is said. Bulls keep pushing it up. Still feel like at some point it's going to be a great short but bulls haven't let off the gas yet.
Exactly. Billed him .3/hr ($135) and had those 4 contracts go from $800 to $0 in the same time span, so his phone call really cost me $665. #pukeoldarmy1 said:Dang clients!Boy Named Sue said:
I know you did. I had to take a call from a client and missed the exit for those 4. This time, it wasn't greed/FOMO that cost me