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Consolidation, then Breakout; CHINA/RUSSIA issues


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#21 12SPX

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Posted 08 August 2022 - 10:44 AM

Well isn't that interesting, profit stop 4150 sell above....



#22 12SPX

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Posted 08 August 2022 - 10:46 AM

And out for a nice 14 point profit.....



#23 dTraderB

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Posted 08 August 2022 - 10:48 AM

Mentioned NVDA last week, possible short, but other stocks etc were more important 

 

NVDA down 10% after this 

Nvidia shares sink after company lowers second-quarter revenue outlook

#24 dTraderB

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Posted 08 August 2022 - 10:51 AM

Welcome back amigo! 

 

SOXX, NVDA were in my list last week but  did not trade them

 

AUGUST has been my worst month so I am trading RISK-OFF in an attempt to achieve a net green month

Frist week was good, with a net +1.8% 

 

Difficult to restrain myself from bigger positions but this is also a treacherous market so I will try very hard to be less risky

 

 

Good morning everyone, I'm back did you miss me lol!!!  Kinda getting back into it and finding that were not much further ahead then when I went on holidays as the grind continues with the bears devastated and silenced as their crash predictions failed and the bulls frustrated as its such a slow drag upward.  Did a few profitable trades along the way and even hoped there would be a crash while I was gone but still made profits nonetheless and in short this morning with an average of 4164 to start off the week.  Pretty hard to get into it actually as I need a holiday from my holiday to get going again but noticing that bulls are out in force with extreme call positions hoping for some huge gains it looks like so I'm sure the volatility will begin soon enogh, just needs a trigger to get it going, otherwise.....grind grind grind. 



#25 12SPX

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Posted 08 August 2022 - 10:55 AM

Starting a new short build at 4160....



#26 12SPX

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Posted 08 August 2022 - 11:15 AM

Well how about that, profit stop 4155....



#27 12SPX

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Posted 08 August 2022 - 11:21 AM

Lets go crazy profit stop 4144 just to make up that one odd point lol!! 



#28 12SPX

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Posted 08 August 2022 - 11:27 AM

and out for a 16 point profit, 30 on the day so far!!  Great to come back to listed profits on here as I work my 19th month of profits.  Interesting thing is that call option prices aren't giving up much premium!! 



#29 redfoliage2

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Posted 08 August 2022 - 11:33 AM

What a news-driven market.  Next to watch is CPI on Wednesday that could move the market either way.....................


Edited by redfoliage2, 08 August 2022 - 11:39 AM.


#30 12SPX

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Posted 08 August 2022 - 12:21 PM

Starting my short build at 4150 this time, see where we go from here