I expected a strong head wind today so I'm not surprised that the markets dropped, so I bought and pulled profits on AAPL Puts @ 68.4% profit, SBUX Puts @ 68.2% profit, and TGT Puts @ 32% profit. I added to my call positions at their lows so I will be sitting pretty if the market goes up tomorrow, and If markets go down again I will buy more PUTS!!!
I saw the stocks I was trading stall out and go south, and when they started south they didn't try to go back up at all, so I immediately bought PUTS and rode it down to close. To day trade set your chart candle sticks to 1Day 5Min and use MacD 2line, CCI, and RSI with implied volatility and you can get a very good feel for what a stock is doing and what it is fixing to do, and always go with your gut instinct!!!
I still have my calls and added to them and averaged down my cost buy buying more calls at their lows, and If stocks go up tomorrow I will pull profits on them too.
Damn you are probably good ! I have never touched anything that have double triple quadruple short\bull etf.... i think it's a very easy way to get burn there
At what point do you decided to take on more risk? When your position is down 5% or 10% or is it more? When you take on more risk do you typically double your initial investment to lower that average price for the option or just put the initial amount you invested in? Thanks for and insight!!
All this stimulus talk is just political posturing by both sides to give the illusion they're doing something positive for American people. Dems talk but really don't want any stimulus before election due it will help market which may help Trump. GOP talk but really don't want to give in to what the Dems want for blue state bailouts. It's all a bullshit game I'm getting tired of hearing about.
Well. So far I personally haven’t lost more Thani brought to the table just yet. I was up about 1,400$ now I’m just up to 100$. Lol. I’ve only started a month ago tho. Still a cub. And when we had the dips last week, I added To my positions. I’m all out of black powder. Lol. Well. Easy come. Easy go.
Ps. I hope this isn’t that black Monday thing Lynette was talking about. That would suck right now. Good thing the boss saids take them out over the long hall.
I expected a strong head wind today so I'm not surprised that the markets dropped, so I bought and pulled profits on AAPL Puts @ 68.4% profit, SBUX Puts @ 68.2% profit, and TGT Puts @ 32% profit. I added to my call positions at their lows so I will be sitting pretty if the market goes up tomorrow, and If markets go down again I will buy more PUTS!!!
good call ! i was +1k and end up -1k. next time when it stalls i will buy puts
wish I would have bought a msft put when the trade alert came out for a call. how do you know when to buy which?
I saw the stocks I was trading stall out and go south, and when they started south they didn't try to go back up at all, so I immediately bought PUTS and rode it down to close. To day trade set your chart candle sticks to 1Day 5Min and use MacD 2line, CCI, and RSI with implied volatility and you can get a very good feel for what a stock is doing and what it is fixing to do, and always go with your gut instinct!!!
What expiration did you use? Do you set the strike price closest, but lower where it was to the time you traded the put? TY!
since I was day trading these I bought just OTM 20Nov20 PUTS.
I still have my calls and added to them and averaged down my cost buy buying more calls at their lows, and If stocks go up tomorrow I will pull profits on them too.
thanks William!
Can't shake the feeling that for every dollar I go long, a thousand dollars is being bet against me.
Crazy day. DXY down substantially, 10 year yield up substantially, they propped up oil for a while yet markets dive
Fuck these politicians tho
Glad I dumped AAPL and went volitility
Account up 20%, made the bet against politicians today. Shorted aal, uso, qqq, slv. Went long with options on uup, hibs, tmf, hibs
Damn you are probably good ! I have never touched anything that have double triple quadruple short\bull etf.... i think it's a very easy way to get burn there
Agreed, gotta be hot on that sell and take your profits. Charts help with that. Also I'm only playing with profits now
At what point do you decided to take on more risk? When your position is down 5% or 10% or is it more? When you take on more risk do you typically double your initial investment to lower that average price for the option or just put the initial amount you invested in? Thanks for and insight!!
All this stimulus talk is just political posturing by both sides to give the illusion they're doing something positive for American people. Dems talk but really don't want any stimulus before election due it will help market which may help Trump. GOP talk but really don't want to give in to what the Dems want for blue state bailouts. It's all a bullshit game I'm getting tired of hearing about.
Well. So far I personally haven’t lost more Thani brought to the table just yet. I was up about 1,400$ now I’m just up to 100$. Lol. I’ve only started a month ago tho. Still a cub. And when we had the dips last week, I added To my positions. I’m all out of black powder. Lol. Well. Easy come. Easy go.
Ps. I hope this isn’t that black Monday thing Lynette was talking about. That would suck right now. Good thing the boss saids take them out over the long hall.
Finally, Wall Street realizes that Biden is a Natural Born Loser.
> Where is Hunter?
Hint: What is the Witness Protection Program?
Account down 20%
Cannot wait for a new round of politicians. Hate having to watch twitter like a 16 year old so I can trade better
Haha tweet analysis.... never woulda guessed it 10 years ago.
Today took a huge dump. Not sure how much more I can double down. Might need to sell a few of my winners.
ride the lightning
Crashing 600 points down , good week ahead ????
My msft call tanked .....
wish i would have instead bought a put!
Mine too plus my SBUX from Friday. Ugly!!
🤙🏻