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"NO MORE BEAR MARKETS" -- “Buy the dip because stocks always come back and they always come back soon.”


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#31 12SPX

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Posted 07 June 2021 - 06:51 PM

Still holding my long, we'll see about overnight might flip to short but for now profit stop 4220! 



#32 12SPX

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Posted 07 June 2021 - 07:16 PM

There's a nice pop, out for a 13 point profit and starting a short build at 4230, see how this goes overnight!! 



#33 dTraderB

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Posted 07 June 2021 - 07:52 PM

That was a good trade --- that's why I also kept my ES Hedge long because BEARS could not take it lower and market had no other choice but to rise when it cannot go down!

 

There's a nice pop, out for a 13 point profit and starting a short build at 4230, see how this goes overnight!! 



#34 dTraderB

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Posted 07 June 2021 - 07:53 PM

BEARS are dead, no one to sell the market so it goes UP after a 5 point pullback! 

 

Having said that SPX will drop 5 to 10% starting tomorrow 

 

It looks that SPX VST support at 4210 is to be tested soon ..............................



#35 dTraderB

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Posted 07 June 2021 - 08:01 PM

Slow aimless market for much of the day but bears could not press home the early advantage and when a market cannot go down then it goes up! 

Not a big profit day but I had to be at by best to come out green

Profits in CRUDE, NQ HEDGE LONG & NQ DAYTRADES, SPY PUTS

Losses in ES HEDGE LONG & VXX CALLS

Rolled remaining SPY PUTS to SEP

Will reopen CRUDE SHORTS above 69.5 if traded tomorrow

 

1 ES HEDGE LONG 4227
1 NQ HEDGE LONG 13760
30 SPY PUTS

38 VXX CALLS

 

 

ES HEDGE LONG 4227

1 NQ HEDGE LONG 13760

30 VXX CALLS

32 SPY PUTS

4 mini CRUDE SHORT



#36 12SPX

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Posted 08 June 2021 - 07:33 AM

Timing is beautiful sometimes, before going to sleep kept my profit stop on and was taken out for a 1 point profit this morning and now have a new short build started at 4234 for the cash open.....



#37 12SPX

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Posted 08 June 2021 - 08:35 AM

profit stop 4233, will sell above.



#38 dTraderB

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Posted 08 June 2021 - 08:35 AM

closed NQ HEDGE LONG +113.5 points

Will consider reopening later

Missed the Crude SHORT entry by a few points, will add VXX CALLS

 

 

Slow aimless market for much of the day but bears could not press home the early advantage and when a market cannot go down then it goes up! 

Not a big profit day but I had to be at by best to come out green

Profits in CRUDE, NQ HEDGE LONG & NQ DAYTRADES, SPY PUTS

Losses in ES HEDGE LONG & VXX CALLS

Rolled remaining SPY PUTS to SEP

Will reopen CRUDE SHORTS above 69.5 if traded tomorrow

 

1 ES HEDGE LONG 4227
1 NQ HEDGE LONG 13760
30 SPY PUTS

38 VXX CALLS

 

 

ES HEDGE LONG 4227

1 NQ HEDGE LONG 13760

30 VXX CALLS

32 SPY PUTS

4 mini CRUDE SHORT

 



#39 12SPX

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Posted 08 June 2021 - 08:45 AM

Adjusting profit stop and taken out at 4230 for 4 points.  Likely sell closer here as I don't want to stuck having to go long again lol!!  



#40 12SPX

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Posted 08 June 2021 - 08:48 AM

Starting a short build at 4232....