Search results

LOL that green box was when Desterio posted if anybody can tell him where MARA will be @ January expiry he would make them rich. I posted that box in early January and price tracked right to it. I already started a topic calling him out etc. I not only called the bounce. I also called the...

I'm even better than I thought lol. The link will show the time stamp Apr14 I think...(10 days ago) There is no point posting the full analysis here because 99% won't understand it. I try to keep it simple for you guys. :) I did make the post here on ET, and then I reposted it. You can...

Where is the best place to start building an algo? What is the best broker to run/API the algo? Also, how are your fees so low? I get dinged $7 per trade lol both sides!

I have never seen you make a single projection so probably not for you. :)

Who are serious about TA. This can be a closed group so trades will not be open to the public. Focusing on a more proactive approach versus reactive, by projecting trend reversals and swings before they happen. Collaboration is the idea to elevate and fine tune our techniques...

All that and look at price action...long and low with spikes could be a hostile take over in the works.

R/S is a crude from of TA. What you think is happening isn't actually happening. The green would be your support, but it has no affect on price...price will just blow right through on an extended c.

There is no assignment on spx or xsp or whatever. The risk is the spread.

They do not exist...anybody who trades based on r/s is trading based on a misconception.

Yeah I keep forgetting that because why are they sending him an email in the first place? It's a defined risk trade. As long as you can cover the spread should be good to go.

The system should reject the trade.

We are talking about the email the OP received not the position itself. A short a diagonal deep ITM can be exercised at any time. The long option and the spread is irrelevant...you are essentially selling a naked put or call.

What do you work for them or something lol. The system should reject the trade.

Hmmm reduce a position...never thought of that. I usually average down but perhaps some situations call for reducing, and then increasing at an even lower price. I never add to a winning position only losing positions...or as I refer to them as future winners. :)

So how does your algo handle a drawdown if you are holding for 3 weeks? Average down?

So like finziv?

Using support and resistance is a rudimentary form of TA for beginner traders.

Yeah then that makes no sense at all.

Well were you able to cover being exercised? If not then the trade should just be rejected automatically as a naked call or put regardless of the spread. The reason being that the protective long option will not protect you if you have early assignment. You will have to deliver or purchase the...

You are missing the entire point. Why don't they just reject the trade at the time of the trade like EVERY other platform I have been on? The best method they have is sending a pissy email? wth?