Trade 9: Taking another downside shot. Some may consider it shorting into the hole, but it’s more of a risk to reward play for me. The downside...
Trade 8 expired worthless. -$162.08 loss Starting Balance: $1001.75 Current Balance: $1490.91 Cumulative PnL: $489.16 = Account up 48.83% I'm...
The SPX was right around 3330 when I placed trade 8
I look for these on a longer duration weekly chart. A big MACD convergence almost always occurs just before major correction. It's accuracy has...
Negative. Trade 7 expires worthless. -$129.52 Loss. Starting Balance: $1001.75 Current Balance: $1,652.99 Cumulative PnL: $651.24 = Account up...
FXI is a heavily Chinese based ETF that has recently fell flat on its face. I recently took very mild bullish trades in the energy sector XLE as...
Liquidity in the NDX is horrific. I stick to the SPX and RUT for that exact reason. It’s all retail traders giving money to the market makers in...
Can we get 4 winning SPX trades in a row? Gotta love the elevated vol, allowing me to place a 25 point wide put fly for 1.25. Taking another...
Here's the trade from start to finish to make things easier to understand with the condor. Pay attention at the "TO OPEN" and "TO CLOSE" so you...
Trade 6 closed. It would have been a bit more profitable had I not made the adjustment. Also got a horrific fill on the closing fly. I wasn't...
I saw this question over the weekend but I wanted to wait until today to answer because I figured I might be trading a condor today. I don't trade...
I would close the trade as a loss but at the same time I absolutely hate selling premium so I wouldn’t have placed the trade to begin with. My...
TOS has definitely been having big issues lately. I’ve never seen orders take so long to go active. Canceling orders or cancel/replace take...
SPX closing 3720 on Dec 31 2020
What amazes me is when WF was blowing up in the news for their sales practices, they barely even looked at the other big banks such as Chase and...
Quick, call Jerome Powell, the market is down! Trade 6: tIP BOT +1 BUTTERFLY SPX 100 (Weeklys) 31 JAN 20 3290/3265/3240 PUT @1.75 CBOE [ATTACH]...
None of the earnings trades I posted (trade 3, 4, and 5) really hit so I was just trying to scalp them for what they’re worth. My profit target on...
Nice call on this one! I typically like to trade earnings bets directionally. On TXN specifically, 4 out of the last 8 earnings announcements had...
I’ve always looked at features over brands. If you or your kids are into PC gaming at all I’d go for a 27” 2560x1440 144hz. If you’re not a gamer,...
I skipped the SPX trade this week and just before market close today I placed 3 earnings trades. Same mindset on these trades as the SPX trade...
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