Early I this week I wrote to one of my Elite Trader mentors that I unloading most my DDOG $75-$80 June and July Calls saying "I will regret selling because DDOG it wants to go to $90". Regarding FSLY since the mid $30s I was preaching in Open Forums because I felt they are a very safe play for noobs. Think this Piker needs to be done, would show my PDT accounts but that's not part of the strategy. Sold the last of my UONE 200 at(probably go to $40 and I really don't care).
I was down $800 until buying AAPL $352.50 puts I bought at $1.40 selling for $3.20. Got lucky, I hate getting lucky after making stupid errors. Cash is exhausted($6000 account).
I started this account with about $5000 in 2019, let it stagnate with ETFs because I was not trading as much as I should. The Equity fell to $3800 on March, account could be way beyond a PDT but its now two accounts to show noob traders what cash accounts can do.
From what I have seen here at elitetrader there are many long time members who also could use the example of someone making profitable trades on a regular basis. I'm surprised by how many give themselves away as long-time losers and don't even seem to realize they are doing so while doling out advice to others.
$5k cash account and today is below, early in the day I saw FRAN and waited near Top Tick to get involved, lost $600 but made it back on SQ $105 Calls. Dumb ass trade on FRAN when KIRK and MVIS were so obviously better. Something is up with my FSLY stock.
I bought FSLY $75 Calls and sold above $6, got a few out at $6.30(Top Tick so far) been Holding common stock since $30s average cost and watch it everyday. Sold the $80 Calls too. Need to watch out because my desire to trade is losing momentum, feel so dead inside.
Bought SPOT JULY $250 Calls at and selling at $19, gain is not locked in completely yet. CNBC is going pump them next. Trying to sell the last Calls above $20.00 or maybe that's greedy? Took out a few now. Update PL later.
Wow your results are impressive! How are you deciding on your underlying, purely by technical analysis?