Opposite you....

Discussion in 'Journals' started by sandp500trader, Aug 31, 2018.

  1. sle

    sle

    I would like to go short about a $100mm of USDARS, would you mind taking the other side? :D
     
    #41     Sep 1, 2018
  2. treeman

    treeman

    I'll play. How do you plan to match fills? it easier I'll go the stop route..

    Sell stop PA @ 945.20

    If it hits, we are going to be in this a while. Are you matching the number of contracts? That might get pricey. Are you sure you want to do this? I've got more, but I'm a bit concerned that you're doing this. I'll post the exit stops after the fills. They won't be nearby.
     
    #42     Sep 1, 2018
  3. treeman

    treeman

    For now, we can assume a stop of 970.5, and a target of 800. These are not locked right now however (as time progresses, these things change).
     
    #43     Sep 1, 2018
  4. The rules are simple. I'll play the bucket shop. That means if you make a profit, I've lost, if you lose money, I win. Just enter your trade before the fact, so everyone knows you didn't cheat.
     
    #44     Sep 4, 2018
  5. Not looking good for you. I added with Sept $50c at 3.10 today. (Again, giving the ask)

    Edit: the $50s are a ratio of 2:1 to the $45s....for profit calculation purposes.
     
    #45     Sep 4, 2018
  6. Remember, we need before the fact trades. So past tense won't cut it. You could say, I'm going to add at .... at .... etc...
     
    #46     Sep 4, 2018
  7. I gave you the ask corresponding to the timestamp....which also is my actual fill on the bid about 15 mins earlier. (not that it matters...any price it trades at today won't be one I sell at).
     
    #47     Sep 4, 2018
  8. Well, just pick one ahead of time, and then say it. It's really simple, no reason to complicate things. For example, let's say I wanted to buy a stock at a certain price. I could say, when xyz hits, ..., I'm going to buy it. I can use the future tense, because it's something I'm going to do, not something that already happened.
     
    #48     Sep 4, 2018
  9. Ok...I'm going to buy the Sept $50c on CGC at 3.10

    Edit: Oh, look at that. Filled on the ask.
     
    #49     Sep 4, 2018
  10. Looks like you figured it out.
     
    #50     Sep 4, 2018