Worst case scenarios = Weak Week before POST ELECTION RALLY
#31
Posted 02 November 2020 - 10:22 AM
#32
Posted 02 November 2020 - 10:41 AM
closed +77.5 points
will reopen later
No, holding them, and all LONGS
Second nq hedge short 11205
Will close those calls
#33
Posted 02 November 2020 - 12:00 PM
Hmmmmm maybe I'll raise my profit stop to 3300....
#34
Posted 02 November 2020 - 12:09 PM
added, now holding 8 QQQ JAN CALLS
#35
Posted 02 November 2020 - 12:47 PM
9
more buy limit qqq call orders lower
added, now holding 8 QQQ JAN CALLS
#36
Posted 02 November 2020 - 12:57 PM
Ok out for a nice 70 point profit. Would rather buy lower so we'll see otherwise wait till the election is over!
#37
Posted 02 November 2020 - 01:21 PM
9
more buy limit qqq call orders loweradded, now holding 8 QQQ JAN CALLS
#38
Posted 02 November 2020 - 03:26 PM
reopen 2nd nq hedge short
11040
#39
Posted 02 November 2020 - 07:54 PM
New month, new week, Great Trading Market!
Profits in XLF, BAC, SPY & QQQ Calls, NQ daytrading
Losses in NQ hedge short
NQ came back strongly from being down for most of the day & I bought a few QQQ calls while closing 1 NQ hedge short (profit) and opening 2 Nq hedge short to add to the one held over the weekend (both were losers today).
Will try to hold these 2 NET NQ HEDGE SHORT during the next 2 to 3 days after which markets should zoom ahead after the election jitters. Will add XLF and BAC if they trade at levels below current average entry price (high 22 handle)
Now holding:
LT
4175 XLF
4300 BAC
7 JAN SPY CALLS
RISK
11 QQQ JAN CALLS
2 nq hedge short
#40
Posted 02 November 2020 - 08:49 PM
Volatile, hard to predict markets coming this week, but my base case for $spx is rally to 3380-3400, pullback, then if 3300 holds continue up
More important than direction though is risk management - reduce size significantly & sitting out until dust settles is the smartest play