Manic Trading Thread

62,493 Views | 870 Replies | Last: 4 yr ago by BearkatRunner88
Exsurge Domine
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So honestly it seems like my best and least stressful plays are just to follow big money movers of cheddarflow and pick from a handful of stocks I know and chart their positions against VWAP and volume at price resistance and go from there. Whenever I follow manic or anyone else I'm hovering over the sell button worried I'm going to miss a tweet
AgEng06
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AG
Yeah, I tend to agree. I was considering signing up for Duck, but it just makes me feel like I have to watch the screen all day.

If he is actually going to move towards education and more transparency on why/what he's seeing and thinking though, it may be worth it for a few months to learn.... Damn, I think I just talked myself into it.
khaos288
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AG
Exsurge Domine said:

So honestly it seems like my best and least stressful plays are just to follow big money movers of cheddarflow and pick from a handful of stocks I know and chart their positions against VWAP and volume at price resistance and go from there. Whenever I follow manic or anyone else I'm hovering over the sell button worried I'm going to miss a tweet
I normally put in sell orders before hand for my own personal goals.

Lottos I sell 1/4 at 25%, 40%, 75%, and then let the last ride.

Full lots I sell 1/2 at 50%, and 1/4 at 100%, and let the last ride.
Exsurge Domine
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AgEng06 said:

Yeah, I tend to agree. I was considering signing up for Duck, but it just makes me feel like I have to watch the screen all day.

If he is actually going to move towards education and more transparency on why/what he's seeing and thinking though, it may be worth it for a few months to learn.... Damn, I think I just talked myself into it.


I don't think I'd go well with the duck. He seems to be much more conservative, and go in and out quickly sometimes in literal minutes. Manic let's them run longer which helps when I'm working or golfing. Quick flips are stressful when you're doing other stuff
Exsurge Domine
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khaos288 said:

Exsurge Domine said:

So honestly it seems like my best and least stressful plays are just to follow big money movers of cheddarflow and pick from a handful of stocks I know and chart their positions against VWAP and volume at price resistance and go from there. Whenever I follow manic or anyone else I'm hovering over the sell button worried I'm going to miss a tweet
I normally put in sell orders before hand for my own personal goals.

Lottos I sell 1/4 at 25%, 40%, 75%, and then let the last ride.

Full lots I sell 1/2 at 50%, and 1/4 at 100%, and let the last ride.



Are you on TDAmeritrade? How do you schedule those?
khaos288
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AG
Exsurge Domine said:

khaos288 said:

Exsurge Domine said:

So honestly it seems like my best and least stressful plays are just to follow big money movers of cheddarflow and pick from a handful of stocks I know and chart their positions against VWAP and volume at price resistance and go from there. Whenever I follow manic or anyone else I'm hovering over the sell button worried I'm going to miss a tweet
I normally put in sell orders before hand for my own personal goals.

Lottos I sell 1/4 at 25%, 40%, 75%, and then let the last ride.

Full lots I sell 1/2 at 50%, and 1/4 at 100%, and let the last ride.



Are you on TDAmeritrade? How do you schedule those?


Yup, and I just look at what my buy prices are, do the math for the price, and make the order with that price.

If it climbs and hits, it'll fill. Sometimes it'll spike and fill something that you'd otherwise not be able to get too.


So I'll buy 6/1 58C for 1.0. Immediately after it fills I put in 2 GTC+EXT sell orders at 1.5, and another at 2.0.

Then if it ever gets close to my targets, no quick thumbs needed.
Exsurge Domine
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khaos288 said:

Exsurge Domine said:

khaos288 said:

Exsurge Domine said:

So honestly it seems like my best and least stressful plays are just to follow big money movers of cheddarflow and pick from a handful of stocks I know and chart their positions against VWAP and volume at price resistance and go from there. Whenever I follow manic or anyone else I'm hovering over the sell button worried I'm going to miss a tweet
I normally put in sell orders before hand for my own personal goals.

Lottos I sell 1/4 at 25%, 40%, 75%, and then let the last ride.

Full lots I sell 1/2 at 50%, and 1/4 at 100%, and let the last ride.



Are you on TDAmeritrade? How do you schedule those?


Yup, and I just look at what my buy prices are, do the math for the price, and make the order with that price.

If it climbs and hits, it'll fill. Sometimes it'll spike and fill something that you'd otherwise not be able to get too.


So I'll buy 6/1 58C for 1.0. Immediately after it fills I put in 2 GTC+EXT sell orders at 1.5, and another at 2.0.

Then if it ever gets close to my targets, no quick thumbs needed.


Awesome I'm still trying to find out how to use Ameritrade. Do you know how to do stop losses for option contracts? If I could set profit targets and stop losses that would solve a bunch of headache for me and thank you
AgEng06
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AG
When you create an order, it usually defaults to "limit". You can click on it and change to stop or stop limit. You can also click on the little gear to the right to get a more thorough explanation of what will happen. I can't try to post some screen shots later when I'm not on my phone.
Exsurge Domine
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AgEng06 said:

When you create an order, it usually defaults to "limit". You can click on it and change to stop or stop limit. You can also click on the little gear to the right to get a more thorough explanation of what will happen. I can't try to post some screen shots later when I'm not on my phone.


The only reason I ask is I have tried to do stop limits, and they never actually happen. I'll set a limit of 1.5 with action at 1.7 and I'll watch the damn thing tick down to 1 without executing
Aggie1391
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Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.
Exsurge Domine
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Aggie1391 said:

Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.


I think the limit he explained above automatically sells if you've hit a certain amount. I'm hoping they'll tell me how to do the stop loss. I feel like a boomer with technology even though I'm in my mid 30's haha
Aggie1391
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Exsurge Domine said:

Aggie1391 said:

Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.


I think the limit he explained above automatically sells if you've hit a certain amount. I'm hoping they'll tell me how to do the stop loss. I feel like a boomer with technology even though I'm in my mid 30's haha


But if the stock/option goes down, I would never hit my limit to sell. I'm trying to see if I buy something for a dollar, I can set a stop at .75 and a limit at 1.25 at the same time and whichever one is reached first is triggered. I've tried setting two separate orders, but it won't let me.
AgEng06
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AG
I have been able to do this with stocks, but can't get it to execute on options for whatever reason. I'm hoping someone knows how. I can set one or the other, and when I try to set the next one, I get an "illegal -1 shares" message.
khaos288
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AG
Aggie1391 said:

Exsurge Domine said:

Aggie1391 said:

Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.


I think the limit he explained above automatically sells if you've hit a certain amount. I'm hoping they'll tell me how to do the stop loss. I feel like a boomer with technology even though I'm in my mid 30's haha


But if the stock/option goes down, I would never hit my limit to sell. I'm trying to see if I buy something for a dollar, I can set a stop at .75 and a limit at 1.25 at the same time and whichever one is reached first is triggered. I've tried setting two separate orders, but it won't let me.
Stop limit I believe does that
Aggie1391
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khaos288 said:

Aggie1391 said:

Exsurge Domine said:

Aggie1391 said:

Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.


I think the limit he explained above automatically sells if you've hit a certain amount. I'm hoping they'll tell me how to do the stop loss. I feel like a boomer with technology even though I'm in my mid 30's haha


But if the stock/option goes down, I would never hit my limit to sell. I'm trying to see if I buy something for a dollar, I can set a stop at .75 and a limit at 1.25 at the same time and whichever one is reached first is triggered. I've tried setting two separate orders, but it won't let me.
Stop limit I believe does that


Thanks, I'll give that a shot tomorrow
Exsurge Domine
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khaos288 said:

Aggie1391 said:

Exsurge Domine said:

Aggie1391 said:

Is there a way to set an order so if you hit a certain gain, it sells, it if you hit a certain loss it sells? Like whichever happens first, it sells.


I think the limit he explained above automatically sells if you've hit a certain amount. I'm hoping they'll tell me how to do the stop loss. I feel like a boomer with technology even though I'm in my mid 30's haha


But if the stock/option goes down, I would never hit my limit to sell. I'm trying to see if I buy something for a dollar, I can set a stop at .75 and a limit at 1.25 at the same time and whichever one is reached first is triggered. I've tried setting two separate orders, but it won't let me.
Stop limit I believe does that


I've tried that and it has never worked
AgEng06
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AG
Maybe you have your stop and limit numbers backwards?

The stop is the trigger and the limit is the sale price you want.
Exsurge Domine
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AgEng06 said:

Maybe you have your stop and limit numbers backwards?

The stop is the trigger and the limit is the sale price you want.


I think that's what I did but I will try and reverse it
McInnis 03
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I tried stop limits on options and the price cycled so fast I lost my out. I now live with stop markets at the price I wanted action of the limit. Works every time
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
TheBiggerEvent
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AG
Anyone joining the ducks site? Thinking about it.. not sure. I only started following him this week. Has he been around awhile? He's had some good calls.
J_Landes89
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TheBiggerEvent said:

Anyone joining the ducks site? Thinking about it.. not sure. I only started following him this week. Has he been around awhile? He's had some good calls.


+1 here...

$75 sure is manageable compared to $200+ with some of the others.

Duck seems to be more rookie friendly.. just my thought though...

Hope to see a bunch of your thoughts that are joining duck or pay for someone else to compare
AgEng06
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AG
Since we were talking stop losses and limit sales, what guidelines do you guys go by for taking profits or cutting losses?

I realize it depends on your personal risk tolerance, but just curious to see where everyone stands.
AgEng06
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TheBiggerEvent said:

Anyone joining the ducks site? Thinking about it.. not sure. I only started following him this week. Has he been around awhile? He's had some good calls.
I'm in on Duck's site for at least a month to see how it goes. I can let you guys know more after a few days of messing with it. I'm really hoping he starts giving more background info to help me learn to do this myself.
MavsAg
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AG
I'm in on Duck as well. I'm new to both he an Manic, but he's had more winners thus far and is half the price.
AgEng06
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AG
Yeah, I got in on Manic using the 30% off coupon, so it's only $105. Will probably cancel one of these after this month.
Exsurge Domine
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Good news again. I'm playing golf this afternoon so something is bound to kick off in a big way
McInnis 03
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AG
I'm going to cease on Manic after this month trial. I'll probably give Duck a whirl.

Anyone know how to cancel Manic? Seems that part is missing from his site.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
McInnis 03
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AG
So I'm digging into see who the Duck is.....will report if/when I find out. Now that he has a site he has to register, and if he registered with personal or business info there should be a traceback ability. Stay tuned.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
PPAag06
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AG
Go to his website, sign in with Twitter, click Portal, and click the large red banner in the middle of the screen. I did not go farther as I have a week left but let us know if there are other steps.
McInnis 03
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AG
PPAag06 said:

Go to his website, sign in with Twitter, click Portal, and click the large red banner in the middle of the screen. I did not go farther as I have a week left but let us know if there are other steps.
Thank you very much!
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Rice and Fries
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Honestly,

I'll be canceling Manic after this month. I won't sign up for Duck. I've made more wins off looking at cheddarflow and my own plays than I have with both manic and duck combined. Granted I am playing small ball compared to most of y'all, but I've lost almost $1500 in the last two weeks playing bull**** when I'd much have rather spending money on Costco shares or SPY shares then just watching theta eat me alive.
McInnis 03
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AG
McInnis 03 said:

So I'm digging into see who the Duck is.....will report if/when I find out. Now that he has a site he has to register, and if he registered with personal or business info there should be a traceback ability. Stay tuned.
Just a guy. I don't think he's a duplicate of anyone we've seen out there. He works for Lyft as a research director. Probably a first timer as he put all of his private information onto his website registration. Based out of San Mateo, CA. I like what I'm seeing here.

Manic on the other hand has some knowledge here, he used domains by proxy, a third party scrubber of private info to register his stuff. He's been in this space before.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
MavsAg
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AG
Proposition Joe
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I mentioned in another thread this likely isn't any of these guys first rodeo and it's incredibly easy to "farm" an account until it's successful enough to market, but domain by proxy and masking the registrar name isn't really a sign of nefariousness -- it's fairly common.
McInnis 03
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AG
MavsAg said:


I'm obsessive about knowing things about people, especially ones I might pay for a service.

My wife says I'm a bit overreaching on it...I tend to agree.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
 
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