86 replies to this topic

[robo]

Nice Trading!  Some nice trading the last several days....

 

https://stockcharts....607&a=836481325

 

https://stockcharts....511&a=837748028

 

Bearish Reversal

https://likesmoneycy...ish-reversal-2/

Edited by robo, 10 November 2020 - 09:25 AM.

[12SPX]

Moving my stop down to 3560 this morning which if hit will be a nice 60 point profit hopefully we get lower.  Nice thing is the Nov 3800 calls I sold yesterday morning for $9 are now down to .70, wow, little to much exhuberance there. 

[dTraderB]

Closed 9 SPY PUTS

WILL REOPEN AT ES higher than 358O

[dTraderB]

Did not add QQQ CALLS since NQ very weak and unable to rally....
But will add below 280 if it appears to be bottoming....

[dTraderB]

So far, a restrained selling, bears willing but not committed to flush it, bulls buying dips.... if this contunues the markets could finish GREEN

[dTraderB]

Not complaining about this crappy market today but jeez, just stayed in a narrow range for a few hours.

Profits in SPY PUTS, NQ daytrading; losses in NQ hedge long and QQQ CALLS. 

Small net profit today but happy to end this day in the GREEN. 

Reduced SPY PUTS positions, still holding 2 NQ hedge long, may close one later, and 9 QQQ CALLS. 

 

Market recovered slowly from morning declines but still bearish ST. 

 

I think it is up again to ATH but maybe not this week. 

[12SPX]

Ya very interesting and flat, still holding my short on, maybe tomorrow get some action!! 

[dTraderB]

great advice! spend hundreds of hours watching and learning live charts, get a broker trial account and trade simulated trades etc - entries & exits 

 

 

 

And out for 1 point profit lol!!  So ridiculous gotta say way overdone.  I'll be shorting higher!! 

Beutiful trading. Please teach me   

 

Thanks, 40 years of expierience lol!!  Need to start small and build up your capital and most importantly use "profit stops" instead of losing stops.  Best to start with selling out of the money options to build up your account. 

 

[dTraderB]

Banked profits, Trimmed positions to tolerable levels with lower risk, now holding:

10 SPY PUTS 

7 QQQ CALLS

2 NQ hedge long

 

will close both NQ hedge long  before cash session begins

[dTraderB]

Will also close QQQ CALLS if market jumps higher after cash session opens  or may keep calls and add SPY PUTS etc etc