83 replies to this topic

[12SPX]

profit stop 3560

[12SPX]

Out for another 10 point profit, will try it all again lower again.

[12SPX]

Trying a short at 3580 see if its a build or not....

[12SPX]

profit stop 3578....

[12SPX]

Out for a 2 point profit and just looked and was filled for another short at 3580 again, profit stop at 3568 for the overnight session.

[dTraderB]

reopened es long hedge 3563

holding 9 SPY PUTS 

 

what a day! from overnight down, ES climbed all the way to green and then dropped again after hours

 

closed 10 PUTs then reopened 2, then closed es hedge long...

 

Would have held 9 SPY PUTS overnight without hedge but this drop now convinces me to reopen 1 es hedge long, about 20 points from recent intraday swing hi. 

 

Profits in SPY PUTS, small profit in ES hedge long, and 710 points in nq daytrades. 

 

This September to Nov 19th period has been my best ever trading in 33 years - not one losing week and few losing days! 

It will end, and maybe quite soon, so I have cut positions and hedging to prevent any big loss. 

[dTraderB]

Spent almost an hour after the 5pm close working on the best possible QQQ option spread -- JAN/FEB  or FEB/MAR but nothing convincing so far. 

Also looked at SPY spreads in same time periods but not satisfied... it will be much better if markets drop now so I can open these at lower SPY & QQQ levels. 

I will be loading up on these and longs in financial sector and tech ETFs (just 2 or 3) on any major decline. 

[dTraderB]

Closed es long +9.75 points
Flat hedge, may open lower, later but will hedge with nq datrade long until then

reopened es long hedge 3563
holding 9 SPY PUTS 
 
what a day! from overnight down, ES climbed all the way to green and then dropped again after hours
 
closed 10 PUTs then reopened 2, then closed es hedge long...
 
Would have held 9 SPY PUTS overnight without hedge but this drop now convinces me to reopen 1 es hedge long, about 20 points from recent intraday swing hi. 
 
Profits in SPY PUTS, small profit in ES hedge long, and 710 points in nq daytrades. 
 
This September to Nov 19th period has been my best ever trading in 33 years - not one losing week and few losing days! 
It will end, and maybe quite soon, so I have cut positions and hedging to prevent any big loss. 

Edited by dTraderB, 20 November 2020 - 04:59 AM.

[12SPX]

Was out for a 12 point profit, and although I couldn't sleep last night due to new stupid restrictions I didn't trade as today is expiration day and you can see weird swing.  Waiting until after the open to see.

[12SPX]

Trying a long at 3564, see if its a build or hold....