It has become clear to me just now why you primarily daytrade Greg. I'm picking swing term winners, but Theta is eating up all my profits. I've been holding 3 Calls of EEM for about two weeks now...price keeps going UP, but I'm +16% on one of them and -28.57% on the other two. lol. You live and learn.
I will be switching all my cash from my margin account to one of my cash accounts so I can daytrade without getting hit with a PDT flag in a couple of days. Gotta let today's transactions settle first.
According to Kenny Rogers you need to know when to run. I'm running to a freakin' cash account so I can daytrade. Most options these days I notice have high Theta. It's like they're trying to FORCE us to daytrade. I'm a better swing trader, but I can day trade a wee bit too so I think I'll just have to humor those Market Makers and daytrade.
i'm closer to the german dax than to the us markets. so what will happen next? market moves in waves. one impulsive wave in a bull trend goes 1=up, 2 =down, 3=up, 4=down, 5=up. end of impulse. In german dax today a wave 4 down ended loocking on 1-hour-candles. so next we will see a wave 5 up. This wave 5 itsef is an impulse with the same inner structure: 1=up, 2 =down, 3=up, 4=down, 5=up. it will end a wave 3 up in a higher fractal/higher time frame. bit difficult to explain. conclusion is: calls ITM with some months before they end will still work for a while. As Greg says. Tomorrow german market will go up. At about 14250 I will sell my Call and take profit. If not tomorrow, on friday, atest on monday. Will be about +15 % to +20 % in some days with one position. Hahaha, "you need to know when to run" in my understanding means: Sell as hell when market crashs :-)).
yes. i swear on it. but it's really difficult to chose the correct count 'cause there are always alternative possibilities to count. right look needed or you are lost. beware of "experts". most of them follows false rules that cannot work on the long term.
DAX30, timeframe 1 hour: wave 1 up ready. wave 2 down ready. wave 3 up running. wave 1 up of this wave 3 up ready. wave 2 down of this wave 3 up started.
check how to fish a bottom. here gaz in 2016. counted wave 4 ready, than was counting final wave 5 down for really cheap long entry: https://ibb.co/zrYCrYz
I support this FED. Lots and lots of small gains. Last bet will go up in smoke and go to zero but these gains are going into physical raw silver bars
Kick ass man! Take worthless fiat and trade it in for valuable real money like silver? Sounds like a plan to me!
Why are they emailing you? Why don't they post right here for all to see? I'm in the mood for TROLLING so send them here.
That would be an awesome thing to do.
lol, yes it would be.
It has become clear to me just now why you primarily daytrade Greg. I'm picking swing term winners, but Theta is eating up all my profits. I've been holding 3 Calls of EEM for about two weeks now...price keeps going UP, but I'm +16% on one of them and -28.57% on the other two. lol. You live and learn.
I will be switching all my cash from my margin account to one of my cash accounts so I can daytrade without getting hit with a PDT flag in a couple of days. Gotta let today's transactions settle first.
the gambler
https://www.youtube.com/watch?v=7hx4gdlfamo
According to Kenny Rogers you need to know when to run. I'm running to a freakin' cash account so I can daytrade. Most options these days I notice have high Theta. It's like they're trying to FORCE us to daytrade. I'm a better swing trader, but I can day trade a wee bit too so I think I'll just have to humor those Market Makers and daytrade.
i'm closer to the german dax than to the us markets. so what will happen next? market moves in waves. one impulsive wave in a bull trend goes 1=up, 2 =down, 3=up, 4=down, 5=up. end of impulse. In german dax today a wave 4 down ended loocking on 1-hour-candles. so next we will see a wave 5 up. This wave 5 itsef is an impulse with the same inner structure: 1=up, 2 =down, 3=up, 4=down, 5=up. it will end a wave 3 up in a higher fractal/higher time frame. bit difficult to explain. conclusion is: calls ITM with some months before they end will still work for a while. As Greg says. Tomorrow german market will go up. At about 14250 I will sell my Call and take profit. If not tomorrow, on friday, atest on monday. Will be about +15 % to +20 % in some days with one position. Hahaha, "you need to know when to run" in my understanding means: Sell as hell when market crashs :-)).
Elliott Waves....Yeah, that stuff works, but I don't seem to have the time to get better at it. Does it help you?
yes. i swear on it. but it's really difficult to chose the correct count 'cause there are always alternative possibilities to count. right look needed or you are lost. beware of "experts". most of them follows false rules that cannot work on the long term.
DAX30, timeframe 1 hour: wave 1 up ready. wave 2 down ready. wave 3 up running. wave 1 up of this wave 3 up ready. wave 2 down of this wave 3 up started.
check how to fish a bottom. here gaz in 2016. counted wave 4 ready, than was counting final wave 5 down for really cheap long entry: https://ibb.co/zrYCrYz
Theta of my Call-Optionsschein actually is:
Theta (EUR/Tag) -0,0309
Fight the power.....follow this man!!
yeahhhh!!!
💪💚
Hell yeah!