Recent content by Ramp

There is zero barrier to entry to having a trading account - why would you consider that an investable business?

What kind of mentality is that? Learn to trade well and you wont need investors.

I don't agree when you say he is not thinking correctly? He wishes to create a limited risk position which is a perfectly acceptable way of managing risk. Some choose to use stop losses - to each their own. Not everyone wants to micromanage every swing in a stock.

Protection via puts can be expensive. You might consider selling an OTM call option to finance the purchase of the put, ie. A collar. I'll do this sometimes with a position that has a solid unrealized gain that i want to protect but also want to avoid selling the stock and realizing the...

NQ is looking even more vulnerable than ES - Expecting a good drop in the next day or so.

Similar to me. They way I'm looking at this right now is I want to be long but I expect at least some of that gap to be filled. I think anything below 1412 (61.8 retracement) is dangerous for the bulls so I will have a stops below there. Just waiting for better prices.....hopefully we...

I know your stop allows for it but you don't think 1412-1425 is high probability before the continuation to 1550 or greater?

Need to control downside risk. Possibly a collar trade: long stock, short call, long put + dividends. This can work nicely for long term leveraged trades on the right stocks.

Not what I was looking for - scratched the NQ at BE, kept the 2600 call for potential rally tomorrow. The market showing strength, looks like ES 1397 is next in the cards. Will reevaluate then. Cheers :)

Now short NQ at 2592 (with a 2600 call protective call) looking for ~ 50 points. After that will likely will be positioned for another +100 point upside before the serious and final fall ala GS and major ES trendline (1260 ES). Cheers.

Closed the NQ at 2530. Going to hold the put and will re-enter the NQ at 2490-2500 if we can get there.

Just heard CNBC recommend long SDS, lol. Just got long NQ at 2518 (with a 2510 protective put) - looking for +100 points. Will see...

I am looking for 1320's as a correction target also. Crazy sentiment out there right now, BPNYA RSI is 93, etc etc - top is likely near http://stockcharts.com/h-sc/ui?s=$BPNYA

Short term maybe - I'd like to see ~1386. Not expecting too much beyond that.

Patience will pay off here, lots of points to capture either way - a break above day mid should trigger a gap fill around 1325 or a break below 1308 should lead to flush to or below 1300.