Prediction Based Trading

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

  1. 257.60 long BABA here
     
    #191     Nov 13, 2020
  2. Closed here at 258.50
     
    #192     Nov 13, 2020
  3. [​IMG] Chart as shown
     
    #193     Nov 13, 2020
  4. 40.20 long UAL here
     
    #194     Nov 16, 2020
  5. closed at 41 here
     
    #195     Nov 16, 2020
  6. [​IMG]
    Chart as shown
     
    #196     Nov 16, 2020
  7. One thing, even though I'll call an exit, in reality I might actually sell an option to lock in the gain in order to close the position the day after. This is to avoid the PDT rule. The commission cost increases, and the spread changes between options price change, so the actual profit may be less. I use this strategy when the profit is decent enough not to be affected too much by those costs; it doesn't work on those tiny profit scalp things. Just wanted to mention it in case it looks like I would be flagged as a PDT and subsequently accused of paper trading or whatever. Currently ~6k away from the 25k now- I think I can get to it by EoM.
     
    #197     Nov 16, 2020
    userque likes this.
  8. 197.25 long BA
     
    #198     Nov 17, 2020
  9. 197.55 closed
     
    #199     Nov 17, 2020
  10. [​IMG] Chart as shown
    Not the best of trades. I think I'll start using smaller images now.
     
    #200     Nov 17, 2020