Prediction Based Trading

Discussion in 'Journals' started by stockpredictor, Oct 10, 2020.

  1. Table as attached.
     
    #131     Oct 26, 2020
    Amatrue likes this.
  2. userque

    userque

    Help me out here; near what time did you exit the trade?

    If your exit was near real-time, QQQ didn't hit 280.60 until after-hours, and after your post. (It did hit that much earlier, but you're suppose to be making near-real-time calls, or they don't count.)

    upload_2020-10-27_2-35-21.png
    upload_2020-10-27_2-36-22.png
    upload_2020-10-27_2-37-56.png
     
    Last edited: Oct 27, 2020
    #132     Oct 27, 2020
    Amatrue likes this.
  3. userque

    userque

    I'm going to go with this, for now, until we see if we can't get the issue cleared up, one way, or the other:
    Code:
    --------------------------------------------------
    DIR.   INST  ENTRY    EXIT    RESULT
    SHORT  AAPL  124.85   123.80  +
    SHORT  CAT   169.10   168.13  +
    LONG   SPY   342.58   343.50  +
    LONG   BABA  310.00   307.40  -
    SHORT  TWTR   49.95    48.65  +
    LONG   QQQ   278.29
    
     
    #133     Oct 27, 2020
    stockpredictor likes this.
  4. You are right. I closed it just after it went into ETH. Some options, like QQQ, trade 15 minutes after market close. I saw the ramp up and decided to hold onto the close. As we can see now, I should have held like my original plan... all trades will be ones of regret...
     
    #134     Oct 27, 2020
  5. I believe I closed it around there
     
    #135     Oct 27, 2020
  6. userque

    userque

    Ok. But even so, that doesn't explain where you got 280.60 from ... posted 2 mins. after the close?

    Regardless, we agree that your QQQ Long call is still in play?
     
    #136     Oct 27, 2020
  7. userque

    userque

    Unfortunately, (or fortunately, depending on how the QQQ's play out, and your corrective exit call), you still haven't made a proper exit call ... which you agreed to do, or it wouldn't count.

    So, how say you? QQQ's still in play?
     
    #137     Oct 27, 2020
  8. Looking at eth, just after close, the price did contain 280.60. If anything, I should be getting a higher price to close; I probably rounded down because I used options rather than a specific number on the underlying. I don't think it would be fair to count it as still held because we can see in hindsight that it worked out much better to hold. First after hours candle would be the candle that I selected in the image, which is just above 280.60 at lowest
     
    #138     Oct 27, 2020
    userque likes this.
  9. userque

    userque

    :thumbsup::fistbump:
    Thanks for clarifying.

    We agree.
     
    #139     Oct 27, 2020
    stockpredictor likes this.
  10. 11437.50 on Dow Transports coming up. If hit, I'll probably long /ES at that time, for an intraday trade. Let's see what happens.
     
    #140     Oct 27, 2020