1:08PM, May 19/08, NDX Multiday Market Call! Sell anylong, and Go Short

Discussion in 'Trading' started by riskfreetrading, May 19, 2008.

  1. I just took off the part shorted at 2017. Done for the day. Covered with NDX at 2010. Profit 7 points.

    Total for today: 12+14+7=33points to add to the bag of gains.

    Trade details are posted in the blog (with the exception of the trade entered at 2017 which is to be added later today).

    http://financialtraders.blogspot.com/

    RFT (God bless him, his good readers,and increase the number of papas following/funding them). :cool:
     
    #211     Jun 4, 2008
  2. With the 9 points you should be able to get the jumbo pack.
     
    #212     Jun 4, 2008
  3. today I am out of sync with the market. the crazy thing does whatever it pleases. :D
     
    #213     Jun 4, 2008
  4. Indeed. Today I will lead a life of excess. Bless your coachy ways and all your faithful readers.
     
    #214     Jun 4, 2008
  5. well they were green, yep you know everything!
     
    #215     Jun 4, 2008
  6. I just went short again with NDX at 2022. Half normal size to keep overnight in case it gaps down tomorrow, and earning short call premium in the meantime.
     
    #216     Jun 4, 2008
  7. It is shacking the early bears, and dis-orienting the bulls before delivering the kill. But I will not be off her back. It is a great time for day traders.
     
    #217     Jun 4, 2008

  8. Half of nothing is nothing. Since you don’t have a "normal" size you're simply playing a game of semantics, which is just another way of ducking any actual trade posting.

    As usual if we’re higher tomorrow you wont mention this ½ of nothing and if we’re lower you’ll dance around like a child.

    Laughing at the hint of calls decaying overnight any significant amount
     
    #218     Jun 4, 2008
  9. Come on xflat, you know risky's calls start decaying almost immediately.

    Besides, calls are the only way to go when you want to capture a 6 point move in a 2000 point index. Time decay be damned.

    Watch the futures before tomorrow's open. Risky's gonna bag him a zeeba.
     
    #219     Jun 4, 2008
  10. NDX is at 2043 now. What's the plan?
     
    #220     Jun 5, 2008