Yes that's 80% of it, I'll post a chart a bit later with the tight triangle breakdown as someone else also asked. This trade wasn't complicated,...
To me, it means going for 5-10x+ trades and actually holding for the move.
You're right, there's probably a better term for it.
There's no right or wrong in the market, just profits.
Of course not, today was a good day but I knew the setup was there from yesterday. Good for you.
That brings up another thing for the new guys who will see this. There's two kinds of yolo's...educated and un-educated. When I say yolo, I mean...
But, how much more? I'm trying to understand the actual risk:reward at the best price of the day...educate me. What subscribers?
Told the wife last night that today was a $100k setup, but only made $50k so kind of shitty. How is your trading going?
If you took this trade with a max $15k risk on the open and closed it at the low, what did it pay? Fwiw statistically Friday's are my best day of...
I gave Ken some shit (in jest) because he's been trading for over 20 years. So $40 is a rounding error if you can even call it that.
Nobody here is selling puts. I bought puts and sold them as the stock tanked...sorry if that is unclear.
You've been trading long enough, come learn to grow a pair in my thread...
It seems every post lately has someone complaining about how there are no real traders...nobody can make money...blah blah. I nailed this one...
Your best entry made 40 dollars? Weird flex Ken.
Trade both then, I also do this with my wife's IRA.
Good job so far. I'd take a trading stake out and pay the tax+penalty. Leave the rest of the Roth in QQQ forever, and trade the new account for...
I don't know about retaining queue priority if hft are using tricks to jump you (does this exist in the options market?), but you just need to do...
I agree with the other poster that you had stale data in a possibly volatile stock. You can post your fill here and we can determine that for...
TOS says they charge 0.65/contract for options which is a terrible rate if you do any volume at all. Maybe you negotiated...?
Look up Scott Redler at T3. He successfully trades/teaches a mostly long portfolio approach.
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