creditcard's turning point strategy make 1k to 600k

Discussion in 'Journals' started by creditcard, Jul 12, 2016.

  1. JackRab

    JackRab

    @creditcard, I'm going out on a limb here and give you a tip.

    Why don't you put in an ES buy order arount 2145 (GTC) so you can potentially catch on overnight drop which might bounce back up? At least trade some overnight gamma....

    [edit] scratch that idea, since you don't have any money in your account to buy futures.... unless portfolio margin covers it

    [edit 2] that's why you should trade ES options, so margin is no problem and you can trade overnight futures on gamma

    [edit 3] these are all free tips by the way, no 999/month fees...

    ps, I know you like editing, hence I did a few ;)
     
    #81     Jul 21, 2016
  2. creditcard

    creditcard Vendor


    Thanks for the tip. wrong is wrong, nothing to complain
    will still show you guys the third trade, then I leave.
     
    #82     Jul 22, 2016
  3. creditcard

    creditcard Vendor

    fed rate hike
    gold go to hell, see you gld at 118 today
    Trade 3 is bot 500 gld July 29th 121put @0.03. will sell at 3.0
    That's 10000%
    c2 bot 124p instead of 121p, that's 5000%
    https://www.collective2.com/details/104497997
    That's why i am so confident saying you can change the stike price then control the gain from 5000% to 10000%
    will see.
     
    #83     Jul 27, 2016
  4. marsman

    marsman

    Can you pay the commission at all? :)
     
    #84     Jul 27, 2016
  5. creditcard

    creditcard Vendor

    pay less than $100 for the comission

    my system showing target unchanged, this friday, gld 119
     
    #85     Jul 27, 2016
  6. creditcard

    creditcard Vendor

    I am still holding 500 gld tomorrow 121put, will still see gld reach 119.20 tomorrow
    target unchanged, also reason not changed as well "fed rate hike"
    I will explain why if I win tomorrow
     
    #86     Jul 28, 2016
  7. JackRab

    JackRab

    what did the 124 put trade for?
     
    #87     Jul 28, 2016
  8. Turveyd

    Turveyd

    When are you going to accept there is too much news pulling everything everywhere, it's hard to ride a trend for 5mins these days let alone make multiple day high precision "accurate" estimates.

    Gold to me is at 1336 and uptrend so confused.
     
    #88     Jul 28, 2016
  9. marsman

    marsman

    How come that there is no margin requirement for your trade? This is very unrealistic, IMO.
     
    #89     Jul 28, 2016
  10. JackRab

    JackRab

    because he bought options, not short....
     
    #90     Jul 28, 2016