This link will bring you up to date. https://www.elitetrader.com/et/threads/short-theta-long-theta.381688/
Well, you got me. Read through 10 pages of a dick measuring contest. Is this going to be a trade journal of your MARA trade? I just got out of CLSK, another Bitcoin related stock. I don't think the market is there yet for Bitcoin. Just me though.
It's not going to be very exciting This is just a swing trade not long term hold...unless I get trapped lol.
Mara (demon) Mara,[note 1] in Buddhism, is a Asura malignant celestial king who tried to stop Prince Siddhartha from achieving Enlightenment by trying to seduce him with his celestial Army and the vision of beautiful women who, in various legends, are often said to be Mara's daughters.[1] In Buddhist cosmology, Mara is associated with death, rebirth and desire.[2] Nyanaponika Thera has described Mara as "the personification of the forces antagonistic to enlightenment."[3] He is Yama's fearsome persona and all beings associated with him, darkness and death, become forces of Mara. These forces consist of Yaksas, Raksases, Pisacas, Aratis and animals.[4]
You're jumping into a down trending stock, in front of earnings, and at least on the chart you posted in the other thread it looked like your using some sort of Fib lines. I'm on the edge of my seat. Fib lines?? You're a mad man.
The earnings result usually just fulfills what ever leg of the chart pattern we are on...other than perhaps a blip, which is why I don't even notice earnings dates. I will have to look at my entry again however.
Why did you enter so poorly (low 20sw) if EW is perfection? If PA is just fulfilment of an EW pattern? You hate money?
Are you referring to my mechanical trade that went south and then recovered months ago? Remember when I called home depots earnings based on the chart? Some swing trades go over months and months with multiple earnings that big picture don't make a difference... The pattern must complete!
You're long MARA? Sorry I only really got to Ferrari made tractors. I had no idea they both made tractors, I just thought it was Lamborghini