86 replies to this topic

[12SPX]

Rats hate when that opens would've been a nice play higher, now might have to be looking where to short lol!!  Or just go workout....

[dTraderB]

Relentless dip buying
Market could finish in green
Closed 14 Spy puts & 17 qqq puts

[dTraderB]

a true traders' day was Thursday with markets making big swings. From the inability of bears to press home their advantage to relentless dip buying, I had mentioned it was possible for markets to finish green, almost did tat.

profits in SPY & QQQ puts, closed about half of my PUT holdings; profits in xlf, bac, and nq dyatrading

losses on 2 nq hedge long, one was profitable this morning and I closed it +82 points

will hold the next one, for now

 

Current holdings

LT

4425 XLF

4200 BAC

17 SPY PUTS

 

RISK:

1 nq hedge long

21 QQQ PUTS

[traderx]

your trading a lot and hedging seems to be working great!

 

I am not fighting FED--- I remember Marty Zweig-who has been quoted so many times with that saying.

[12SPX]

Think I need a weekend break or I'm getting to wrapped up in this election, can't believe Biden said he would make a vaccine mandatory if he could do it.  Anyhow shouldve just kept my buy from 3435 on yesterday be really nice today.  Good news is my sold November 3800 calls average sell of $10 is now down to $5.00 and because of my rules unless we rally to about 3600 today will be a hold.  Premium is already down to $5 so I'm assuming if we are down at all next week they will lose their value so fast it will I'll be taking profits.  Might look at a short if we can get over 3500 here we'll see.....

[dTraderB]

closing remaining nq hedge long

will reopen later

[dTraderB]

supersize the nq long daytrades

[12SPX]

And there it is while I was typing lol!!  Starting a short build at 3503! 

[12SPX]

Shouldd've put the trade on before I typed, actually got 3504 lol! 

[12SPX]

Profit stop 3503!!