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Blazin

Blazin

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Geesh what a boring reaction. I would say being flat could prove a net negative as there will be some selling from the lack of further near term catalyst to move it to new highs, and we have the 200d just below to worry about for downside to gain momentum.

Pretty impressive numbers on results as expected.
 
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Blazin

Blazin

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I use ThinkOrSwim for my charting and I trade with Fidelity a few years back they yelled at me they were going to close that account because of no money. So I transferred $50. Ever since then I try to find silly high risk trades I can actually afford and just do them there just because why not. that account is now as of this morning over $1,000 just hit $1,025. I'm up 70% this week. It took awhile but finally had enough to start taking better option plays. I have to be careful I don't trigger day trade rule because the balance is so low.

I'm just going to keep YOLO'ing it I don't want to start being cautious with it as the balance climbs, it's all house money and I won't even keep the account on NW statements so it's going to be fun to see if I get it to some decent number then just epically wipe it out all at once.
 
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Blazin

Blazin

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Only trade so far was to flip NVDA calls off the 200d bounce, cut the cord quick In 2/28 $120 calls in at 7 out at 8
1740672582443.png
 
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Tirant

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Haha I do a similar thing with Robinhood. I love the functionality of the app (not good for charting but checking option prices is the tits).

I keep 25K in JPST in it too keep me above the PDT. YOLO with about 2.5k, every time it gets to 30K I transfer 2.5k out. My beginning balance shows at -$43,812.19.
 
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Rangoth

Rangoth

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Blazin said:
I use ThinkOrSwim for my charting and I trade with Fidelity a few years back they yelled at me they were going to close that account because of no money. So I transferred $50. Ever since then I try to find silly high risk trades I can actually afford and just do them there just because why not. that account is now as of this morning over $1,000 just hit $1,025. I'm up 70% this week. It took awhile but finally had enough to start taking better option plays. I have to be careful I don't trigger day trade rule because the balance is so low.

I'm just going to keep YOLO'ing it I don't want to start being cautious with it as the balance climbs, it's all house money and I won't even keep the account on NW statements so it's going to be fun to see if I get it to some decent number then just epically wipe it out all at once.
Click to expand...

This is exactly what I do in my play account :) This years goal, posting in the shitposting stock thread, is to take ~= 35k and stock by stock trade it to try and reach 1 million by year end with about 25 trades at 10-15% each! Please note: I DO NOT expect to succeed, it's just more of a fun exercise to see how far I get if I get anywhere at all. I also found out I have to travel for for all of March and April so my trading will be minimal during that time :(

So far I already made more than 15% on RXRX but decided to hold since earnings are tomorrow, might as well see what happens. I may take a regular position in this stock after I move on, I think they have a future
 
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Tirant

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Shit I bought calls on NVDA at that false breakout then got on a plane. Get off and I’m down 30%. Gotta be tougher on putting on stops
 
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Tirant

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Rangoth said:
This is exactly what I do in my play account :) This years goal, posting in the shitposting stock thread, is to take ~= 35k and stock by stock trade it to try and reach 1 million by year end with about 25 trades at 10-15% each! Please note: I DO NOT expect to succeed, it's just more of a fun exercise to see how far I get if I get anywhere at all. I also found out I have to travel for for all of March and April so my trading will be minimal during that time :(

So far I already made more than 15% on RXRX but decided to hold since earnings are tomorrow, might as well see what happens. I may take a regular position in this stock after I move on, I think they have a future
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I’d advocate changing your attitude about winning. expect to win and play to win!
It’s like when people say they don’t care if they lose on a position because they’re up and it’s house money. A decision to hold at a price is the same as buying at that price, it’s real money you could have.
 
Haus

Haus

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Knowing Trumps methodology.... There might be a positive here.

Previously, Trump threatened 25% tariffs north and south of us if they didn't X, Y, and Z. Both Canada and Mexico said they'd X, Y, and Z, so he called them off "for now"...
Fast forward, now they are balking on X, Y, and Z, so he's reapplied the "Tariff of Damaclese" over their heads for March 4th (next week).

My bet is they'll capitulate and do more, so he'll press pause of Tarriffocolypse for the moment. When he does I suspect the "return of stability" will cause a minor rally as people like "unpredictable variables" being taken off the table.

Question becomes... How much of a bounce, what's the best play to capitalize on it.
 
Rangoth

Rangoth

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So someone took an 8millionish position today for the May VIX of 60!

we also have a few days of red, the setup for the 50D to cross the 100D, a breakthrough of the 100D, and some additional economic numbers coming out tomorrow

I’m not typing this to be chicken little, but I may take a 25k SPY put position of around 570 for the monthly in April. I’ll post if I do it tomorrow and it may be based on pew market momentum.

IMG_3607.jpg
 
Rangoth

Rangoth

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Tirant said:
I’d advocate changing your attitude about winning. expect to win and play to win!
It’s like when people say they don’t care if they lose on a position because they’re up and it’s house money. A decision to hold at a price is the same as buying at that price, it’s real money you could have.
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Good point on the think positive! Tony Robbins right here!

the first trade was successful. I already made the 15% on selling calls alone and I’m still up over 10% on the actual stock. I held way longer than I should but in my defense I was on a ski trip and had 2 work trips. Which causes me to be fat less active on trading.

I’m about to leave again for about 2 months(until end of April) on March 9th /sad panda. I still watch markets on whatever apps on my phone but I definitely don’t have any active trading going on due to my work circumstances. It’s inset safe(low delta) sold calls or buying of shares/calls/puts for a date after I know my trip is over. So I may exit the RXRX position before I leave and enter a new one with some conditional sell setup before I go
 
Sanrith Descartes

Sanrith Descartes

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Just two weeks ago I was writing puts for MSTR at $225 thinking they were the safest money I could make. God I love the market.
 
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Tirant

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Bought NVDA calls May 16 $125 this am. Still holding my April 17 $140s from yesterday as well.
Got assigned my MSTR put $310s that we’re going to expire today. I don’t know why my getting them assigned annoys me, even though it enables me to sell the calls a little earlier.
 
Sanrith Descartes

Sanrith Descartes

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Tirant said:
Bought NVDA calls May 16 $125 this am. Still holding my April 17 $140s from yesterday as well.
Got assigned my MSTR put $310s that we’re going to expire today. I don’t know why my getting them assigned annoys me, even though it enables me to sell the calls a little earlier.
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You got assigned early? We all know it can happen but its always balls when it does.
 
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Tirant

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Yeah, I know it doesn’t really matter (since I had the cash) but it still triggers me.
 
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