Okay here are the rules from Gary Smith's Book: For entries. 1. V-Bottom Upside Reversal. 2. Late day upside Price Surges. 3. Extreme...
I was an intern only so I did not get paid much. After I finished school in 2003, I received a full-time job, in a different industry.
Because I was long SPY and ES at the same time and I'm still long SPY with a nice profit. I bought more SPY on the way up too. Had I done the same...
Thanks Jimmy, I'll look into that. I read his other book but wasn't too impressed. I have been around here for a while and always admired your...
I need to take the dog out and get some dinner. I will be posting strategies later tonight. It is based on Gary Smith's "How I trade for a Living"...
Very true!!!!
Not really true. I had defined risk and I would buy/sell on pullbacks. If the position did not go the way I had anticipated, I would get out at...
I no longer work there. The guy hired me as a favor so I did not sign anything. I used to wait tables at this restaurant where he came to eat...
Lots of things. Will post more later today. I usually do not come to ET or any site during the market hour.
Exactly, that's the reason for this journal to overcome the fears. I was long SPY and ES, and I'm still long SPY. I wish I had done the same thing...
A pure trend following approach. Followed the long-term MA.
There are lots of people on this site looking for a mentor. I was fortunate enough to find a mentor. He manages a fund where the AUM < 20 mil. 20...
Makes more sense. Thanks.
I do not think it is same as being short 1320 P for 15 premium. So if the ES settles at 1305 at exp, I'll breakeven if I sell 1320 P for 15....
Ok here are the scenarios that could take place. ES trades above 1320 at exp. and I'll be called. My profit will be 15+10 = 25 points. ES...
Just recently got interested in Options and have been reading more but I would like to ask people here regarding some of the things that I should...
Tony used to post here. I think his handle is ghargur2.
Sent you a PM. Finally someone from Lincoln, NE.
I remember reading the following somewhere and it made the point. Two friends (Jim and Joe) walk into an eye doctor's office. Jim asks the...
I do not know what technicals you're talking about but the S&P closed at 1294.12 today, so it'll have to go up 5.88 tomorrow for it to hit 1300....
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