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Only a Fool Tries to Call a Correction in a Bull Market, So Here Goes! Martin Pring


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#121 12SPX

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Posted 29 January 2021 - 10:22 AM

I just looked at your Tesla, nice play!  Funny he drives up Gamestop and bitcoin but his stock is down lol!! 



#122 12SPX

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Posted 29 January 2021 - 10:56 AM

You know its a directionless market when both your sold calls and puts are seeing red, at least there are profits happening there lol! 



#123 12SPX

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Posted 29 January 2021 - 11:25 AM

Okay starting a long build at 3735, see how it goes! 



#124 dTraderB

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Posted 29 January 2021 - 11:26 AM

28 QQQ PUTS 

 

Flat hedge long NQ

Closed a few QQQ PUTS

Holding 32 QQQ PUTS

 

A far better January than previous 3 years, want to preserve those gains,  lowering risks, balancing QQQ PUTS with more NQ daytrade LONGS for rest of day, and we will do it again with higher risks from Monday

 

Will open 1 NQ HEDGE LONG below 12900 if traded and will add QQQ PUTS above NQ 13,300 if traded



#125 12SPX

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Posted 29 January 2021 - 11:35 AM

Shouldv'e waited for my original 3729 low lol!  Anyhow average long now 3730!   



#126 dTraderB

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Posted 29 January 2021 - 11:35 AM

JOKE: the part about "ensure markets reflect real value" 

Such jokes can scare some into thinking the SEC will step in to do unrealistic things to try to achieve unrealistic objectives.... 

 

"The Commission must review recent market activity affecting GameStop and other companies, and act to ensure that markets reflect real value, rather than the highly leveraged bets of wealthy traders or those who seek to inflict financial damage on those traders," Senator Warren wrote in her letter to the SEC. "To protect and restore public trust in sound securities regulation and enforcement, the Commission must identify gaps in existing securities laws and rules and ways in which the Commission can improve its enforcement capabilities."



#127 dTraderB

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Posted 29 January 2021 - 11:37 AM

27 QQQ PUTS

 

LIMIT orders below current market to close more

 

 

28 QQQ PUTS 

 

Flat hedge long NQ

Closed a few QQQ PUTS

Holding 32 QQQ PUTS

 

A far better January than previous 3 years, want to preserve those gains,  lowering risks, balancing QQQ PUTS with more NQ daytrade LONGS for rest of day, and we will do it again with higher risks from Monday

 

Will open 1 NQ HEDGE LONG below 12900 if traded and will add QQQ PUTS above NQ 13,300 if traded

 



#128 12SPX

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Posted 29 January 2021 - 12:06 PM

Hmmmm doesn't want to get going, profit stop 3731



#129 12SPX

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Posted 29 January 2021 - 12:08 PM

Out for 1 point starting a new long build where I should have in the first place lol, 3729! 



#130 12SPX

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Posted 29 January 2021 - 12:19 PM

Shoulda put the stop on again, average long now 3723