I would think day trading equities is fairly easy to cap
Elite Traders have losses??
Read "Best loser wins"
UMMMM...No response?
You should be looking at delta equivalent comparisons,and I am guessing the OP had the same short strike in the naked put and the vertical.. OP...
You used to trade 100 lots from the long side,but are now focusing on "income" trading 3 lots on 20 dollar stocks while taking 4 points of heat on...
Perhaps, but its way more than you trade. Last I looked you were trading 2 lots on a 20 dollar stock.. Whi h is fine,but it doesn't buy you...
Well,they may drive one,but they sure as F%^K wouldnt brag about it..:)
What did you take in on this monster?? Short the straddle ,long 2 +1 dte wings on both sides. I see what you are doing :)
Meh, I would look at Verts before flys,which are what Bflys are composed of.. Especially if you are a decent directional trader.. Don't want to...
Are you referring to Flys?? Flys are not necessarily Long gamma/Vega,esp ATM They can be structured as such Think about it
I get the fat fingering mishaps,but the second half of your story is a bit of a stretch... You thought you were filled purchasing $5000 worth of...
The same could be said for stocks by your analogy. All stops are useless when the market isnt open... Do you also not use profit stops because...
You have quite the imagination
Thats reasonable.. Appears you risk 60 basis points. Do you trade with a stop,which could enable you to trade bigger,or do you simply risk 60 Bps...
You dabble with 100 contracts?? As in short?? On what??
Stock spiked frpm 15 up to 23.45 and he sold the 3/8 18 puts. Stock immediately dropped over 35% to a low of 14.78. He watched,ans seemingly sold...
Wx actually knows better than he lets on,and to his credit,while he appears clueless as to managing risk,he is smart enough to only sell covered...
You are good,except it doesnt appear the stock traded at 14 or below,so you couldnt have been ITM by 4 bucks..14.78 was the low.. When did you...
Careful SF,or you too may be blocked by the newb
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