The S&P has topped

Discussion in 'Trading' started by volente_00, Mar 1, 2017.

The S&P has topped

  1. Yes

    39.0%
  2. Hell no you are smoking crack

    61.0%
  1. Buy1Sell2

    Buy1Sell2

    Your top was breached 20 minutes ago. Apparently was a short term top.
     
    #301     Mar 15, 2017
    murray t turtle likes this.
  2. volente_00

    volente_00

    Reshorted June 2385.75
    Stop 2421
     
    #302     Mar 15, 2017
  3. volente_00

    volente_00

    Believe in a short covering bounce ?
     
    #303     Mar 15, 2017
  4. volente_00

    volente_00

    Objective 1 is 2365.5
     
    #304     Mar 15, 2017
  5. this is the definition of a revenge trade.
     
    #305     Mar 16, 2017
  6. Gotcha

    Gotcha

    What seems problematic to me is that the stop is 35.25 points away, but the profit target is only 20.25 points. The R:R doesn't seem appropriate, unless of course one has a very high winrate with a risk that is almost twice the reward.
     
    #306     Mar 16, 2017
  7. JSSPMK

    JSSPMK

    I've observed dozens (maybe more than a hundred) of live calls from Vol, opposed to your 3 calls, he knows what he is doing. He is obviously seeing what I am seeing, whatever the methodology being applied.
     
    #307     Mar 16, 2017
  8. tommcginnis

    tommcginnis

    I sold above the market yesterday, between 1400hrs and 1500hrs.
    {"Yipes! But the vol! The vol!"}
    and, with vol falling today, feel like I'm staring into another short squeeze over the next week.
    {"But the market is red, dude. That's 'down.'"}

    So, I've got a bunch of vintage stuff on the bottom, and am looking to buy it back and move those capital slots up, while cutting the top-side exposure in half. Going to be a busy day.

    Net, my rough window would be going from
    2400-->2330 (70pts)
    to maybe
    2415-->2350 (65pts, but shorter-lived)

    I wish I felt like we were getting a stronger move. My exposure right now is low, but it's too close. But I hate writing without having a tide on which to float.
     
    #308     Mar 16, 2017
  9. Gotcha

    Gotcha

    You are so full of shit. You always post this shit way after the fact. You could have even posted this morning during the opening grind before we knew which way it would break, but no, you wait until price has dropped sufficiently before posting. Perhaps all your messed up "yipes" and stupid language that is very confusing is enough to distract some posters, but this call of yours that is over 12 hours too late is bullshit.

    This is an example of your bullshit.

    Edit: And what does selling above the market even mean? You sold at a price that was higher than the market even got to? I wouldn't be surprised if these are the fairly tale fills you seem to want to claim.
     
    Last edited: Mar 16, 2017
    #309     Mar 16, 2017
    themickey and bigsnack like this.
  10. Buy1Sell2

    Buy1Sell2

    Market working through yesterday's info. No big deal. --Staying long here.
     
    #310     Mar 16, 2017