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  1. 7out

    Is this a good or bad trade?

    follow your trades and spread my run bad this year to others. :-)
  2. 7out

    Is this a good or bad trade?

    yes.
  3. 7out

    Is this a good or bad trade?

    Yes, I had a profitable trade with almost 200 points locked up that I thought a bit about and decided to modify. As with my luck past month or so, not totally surprised trade faltered. There will be other trades. I still do think I took a viable risk to trade in a 200 point profit and possibly...
  4. 7out

    Is this a good or bad trade?

    Update: close the position now at 13 737. Lost 275 points on the futures contract, hopefully we’ll still keep all the premium of 375 points on the puts sold.
  5. 7out

    Is this a good or bad trade?

    It's midnight for me and decided to take a peak at market. NQ futures currently at 13485, the option chain shows a wide 19 pt spread at this hour and the 13450 put is priced at bid 70/ask 89. So right now if I closed trade at offers I'd make 115 x 2 on futures trade plus 36 x 3 on options for...
  6. 7out

    Is this a good or bad trade?

    In picture post first line is sell 2 MNQ @ 13600. I wrote it down because as I was waiting for market to trend lower to 13500 - my initial target-, I saw option chain and started thinking. I wrote down to visualize how the options would change the profitability. If market would've dropped to...
  7. 7out

    Is this a good or bad trade?

    Good trading is about always thinking about new ideas and talking it out since one can't argue with oneself. Up to now, never traded futures with options, saw something i liked and wanted another opinion. This is how you learn. I don't need to be taught trading, I have more than 25 years of...
  8. 7out

    Is this a good or bad trade?

    I vaguely recall fighting with you previously, so I don’t see a point in continuing arguing with you or responding to you.
  9. 7out

    Is this a good or bad trade?

    no, it works out the same or better if market ends between 12975 and 13687.50. Above and below it ends worse. Correcting last post there is a 85% chance at some point index will be 0.33% lower and a 75% chance it will be down 1% at some point tomorrow (during regular trading hours).
  10. 7out

    Is this a good or bad trade?

    I have no problem hearing someone say they don't like my trade and give reasons as you did earlier. This is why I posted - wanted other viewpoints to consider. Though I do keep tabs on the market all day, I don't watch the market constantly (I no longer day trade full time - not worth the...
  11. 7out

    Is this a good or bad trade?

    This at least is more informative and I value others opinion because it does give others perspective. My logic was the market is heading down into Friday's close. I then also calaculated that the market would have to rise above 13687.50 or go below 12975 for me to make less than I almost had...
  12. 7out

    Is this a good or bad trade?

    Congrats, on your trading day. I don't though understand what the insanity is? I'm trying to maximize profits, I guess you truly believe the market will go wild by tomorrow's close? You say it is insanity, but offer no help as to why - is market ready to take off or sell off within the next...
  13. 7out

    Is this a good or bad trade?

    I sold 2 mnq very early this morning with a plan to make 100 points on each (total 200 pts). Then in morning after talking to a friend I decided to try and max out the 200 point target and profit more by selling 3 puts (Mar 11) 13450 strike for 125 pts. In this case I will still keep my 200...
  14. 7out

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    She's doing exactly what everyone in her shoes would do: prop up your company to try and raise deposits because she collects 2% regardless if her fund makes money or not. This stance obviously makes her appearance look delusional.
  15. 7out

    Manual trading/Coding/Bots/etc Seeing if any traders or people want to team up in some regard.

    Send me a private message with your contact info, we might be able to help one another. I have several trading strategies (verified working) but some are for very short term trades (based on 1 and 2 minute charts) that I need someone to automate because I can't enter trades (including profit...
  16. 7out

    What to do when you are ready to lose your mind from trading?

    sorry, I only follow and trade ES/NQ
  17. 7out

    What to do when you are ready to lose your mind from trading?

    For the fast charts of 1 and 2 minutes, I'd only trade it during market hours (ie, 9:30am-4pm EST), however when you check back it also functions properly between London open (3am EST and NYC 9:30am open). I noticed most of the bad trades occur between the 4pm NYC close and 10pm EST.
  18. 7out

    What to do when you are ready to lose your mind from trading?

    I guess I could really use someone who could automate at least one of my trading strategies and just let it run with one micro contract for a week to verify results in real time.
  19. 7out

    What to do when you are ready to lose your mind from trading?

    I pretty much use it for all time frames. However I use several strategies for day trading and use 1, 2, 10 and 30 minute charts. Mind you, I have 3 accounts. One for stocks and long term investing, one account at IB for short term stock swing trades and an AMP account for day trading futures...
  20. 7out

    What to do when you are ready to lose your mind from trading?

    Yes, some of my formulas are correctly 80% winners. Naturally this involves all 23 hours of trading (which obviously I don't). I have several strategies, some of which are simple enough I'd be willing to share with some young gun who knows how to automate trading strategies and in return, I'd...
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