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doubled my risks and cut back the loss to half, it is all technical now, ignore the news, Kabul is far away

cut loss 16 points

L 4492, closed 4486.5, not a good start of the day.

SPX 4501.08, just unbelievable. off for the rest of the day, let the bears and bulls fight. can't be long or short.

long 4483, flat 4492, 9.25 points. should probably call it a day, but everyone wants 4500.

nothing came off it today, range bound and very boring chart. flatted out with 1.75 points in the red. see you guys tomorrow.

I opened short at 4478 but couldn't carry the trades into next session, cut loss at at 4482.5 but overall P&L is super today. Anyway, it is fairly predictable, no one is willing to post margin and therefore late afternoon dip is frequent. Algo is buying the dip and it will be offered at 5pm CST.

closed 4480

s 4482 scalping few points, no whales here so if someone says +55, don't think he/she has the margin to post, one to two contracts perhaps, for fun.

if you must, this is for today.

closed out +43

Sell weekly (if there is one) $50 to collect little it premium, it is called calendar spread. It may not break even if the stock doesn’t come back but it will lower your costs.

You short the calls for the stocks you wish to own for the next 3-5 years, capturing premium is just icing on a cake. AAPL, TSLA, BA, etc. I personally don’t own the stocks but trade lot of ATM LEAP calendar call spreads.

Afternoon session is always a risky downer, gave back most of my morning gains but overall pnl is positive for the today. Divided my zero position, I’d say I make an infinite rate of return, could be a trillionaire anytime now.

btw, don't trade micro unless it is a practice, it is not worth your time, commission alone will eat you alive. and don't ladder your positions just because you see a runner, always take profits until your account size can afford carry trades into the next day.

taking a coffee break for now just below 4400, rode 25 points back, got back all yesterday's loss and plus few more points.

down 30+ points up or down today?

Yea, when market is on the move, always jump in front of other folks to get filled.

You can’t set a rate because you win some and loss some, you don’t keep the underlying asset. set a dollar target instead.

I think the overnight session will go lower because those folks will have to take some risks off too., not ready to go long yet but hoping.