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Bullish momentum, ATH, frothing, fizzling, beware of the big drop ahead


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#81 redfoliage2

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Posted 30 December 2020 - 02:12 PM

And you actually believe CNN lol!! 

It's not just reported by CNN, also other mainstream news agencies reported it  ...................

 

https://www.cnbc.com...the-senate.html


Edited by redfoliage2, 30 December 2020 - 02:15 PM.


#82 12SPX

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Posted 30 December 2020 - 02:30 PM

I know lol!  I'm just not a CNN fan.  Trying a long at 3724!! 



#83 12SPX

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Posted 30 December 2020 - 03:47 PM

And out at 3725 with the profit stop for 1 point! 



#84 12SPX

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Posted 31 December 2020 - 09:07 AM

Late start today it is the final day of the year!  Yay got my overnight rogue long fill at 3718, profit stop at 3720.  Think this is gonna be a very quiet day, although no one has anything to do anyhow lol!  They are locking us down here at 8:00 pm so gonna be a quiet New Years! 



#85 traderx

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Posted 31 December 2020 - 09:33 AM

heavy drinkers no problem They attend and have close encounters with virus till 8.



#86 12SPX

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Posted 31 December 2020 - 09:37 AM

haha!  Out with a 2 point profit maybe try a long lower around 3717, almost just want to step away been a great month so far! 



#87 12SPX

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Posted 31 December 2020 - 09:42 AM

Shoulda gone for 3718 was being greedy, missed it by .50 lol woud've had a nice profit stop!  Oh well we'll see not that comfortable going long here anyhow.



#88 dTraderB

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Posted 31 December 2020 - 11:20 AM

19 qqq puts
1 hedge long 12850
Buy Limit order placed nq 12675
May add more PUTS if nq up ny more than 1% today.
That's it for 2020. Bad start but great recovery.

HAPPY NEW YEAR TO ALL, MAKE ZILLIONS IN 2021!

14 qqq puts
1 nq hedge long 12850

Must do hedge since it is an essential component of my ootions trading strategy since 2 years ago during thay PUTS killer Dec to Jan rally



#89 12SPX

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Posted 31 December 2020 - 11:38 AM

Yes happy new years!!  Not looking like I'll be day trading today but finish with 8 straight months of profits all posted here which is nice!  Closing out my sold January 3900 calls for a $6.30 profit and my Jan 3300 puts for a $8.50 profit but also realized I didn't post those here so they don't really count!  Makes it all easier for the accountant lol!  Did the entire year with no losses on my sold options trades and was my best year ever actually with the huge premiums in puts in April through September.  People need to always remember the market doesn't go up forever and never goes down forever.  This year was pretty easy to look at for movement so I'm looking forward to next year!  Think we all did pretty well so here's to 2021!!! 



#90 12SPX

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Posted 31 December 2020 - 03:56 PM

Oh my cant resist this, starting a short build at 3748!!