Contrarian/ Buying the lows

Discussion in 'Journals' started by arturo100, Jun 3, 2019.

  1. Actually, if someone had unpleasent experiences should have become wiser, not more foolish.


    Why is bad?

    I was under the impression that male traders outnumber females. But I would be happy to be proven otherwise.
     
    #121     Jul 28, 2019
  2. Overnight

    Overnight

    Prove that there are more male traders than female traders, and I will prove to you that there are more female traders than male traders.

    Stop with the gender thing. It is so outmoded and stupid. Who cares about gender? Really, WGAF? What does it MATTER?!?!?
     
    #122     Jul 28, 2019
  3. I don't give a f*ck myself, but here it says that there are more males than female traders:
    https://www.reuters.com/article/us-...rs-but-old-perceptions-die-hard-idUSKBN1JA0DF
     
    #123     Jul 28, 2019
  4. Overnight

    Overnight

    If you really did not give a F, you would not have sought out an article to prove your point.

    So you DO give a F.

    Men suck, and women rule. But it has zero to do with double-tops and bottoms, trend channels, Fibbo retraces and circles, Gann pitchforks, EMA, SMA, DEMA, MA, and every other acronym there is.

    As I typed before, I admire you collecting fees for your cause, which is related to men's health.

    Groovy.
     
    #124     Jul 28, 2019
  5. I got all wrong the signal on MHK and I took the resulting painful losses. Apparently, I had a problem in identifying the correct OI that led to the misinterpretation of the signal.
    -SOLD 1 MHK Aug16'19 130 CALL @ 1.35: -60%
    -SOLD 1 MHK Aug16'19 135 CALL @ 0.4: -80%

    -BOUGHT 1 ZM (-6%) Aug02'19 96 CALL @ 2.9:
     
    #125     Jul 29, 2019
  6. destriero

    destriero

    The error is that you're using OI for anything.
     
    #126     Jul 29, 2019
  7. I use OI just to understand if it is fresh money or someone closing the position. This is absolutely critical, since I am catching falling knives.
     
    #127     Jul 29, 2019
  8. destriero

    destriero

    You cannot tell anything from OI. What would a 30 lot increase in the OI tell you? 300? 3000? Amateur hour.
     
    #128     Jul 29, 2019
  9. If the number of exchanged options is bigger than the actual OI, it tells me that it must be fresh money. I am sure that you that worked with the Narjaran brothers know this very well.
     
    Last edited: Jul 29, 2019
    #129     Jul 29, 2019
  10. July 30:
    -BOUGHT 4 MO Aug02'19 48 CALL @ 0.71
    -BOUGHT 1 PAGS Aug16'19 45 CALL @ 2.29
    -BOUGHT 2 BERY Aug16'19 47.5 CALL @ 1.1
     
    #130     Jul 31, 2019