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  1. 7out

    Buy The Close....Sell The Open $$$

    Ironically, I did a similar study earlier this year on Nasdaq if buying the open (9:30am) after (previous day) a down day and selling at close (4pm). This year so far that strategy would result in a 4000 pts ($80k) profit with a maximum drawdown of 550 pts ($11k).
  2. 7out

    Anyone using MultiCharts and know how to use it for certain plotting?

    Sent you a private message, can't find how to edit values to be 10 high and 8 low.
  3. 7out

    Anyone using MultiCharts and know how to use it for certain plotting?

    I've tried several times to try and plot the hi/low channel (moving average of the high for last 10 periods and moving average of the low for last 8 periods), but with no success. Any help appreciated and will be reciprocated by other means.
  4. 7out

    How to Let Your Winning Trades Run: Got ideas?

    Finally managed to let a winner run. I’ve tried countless times in past but usually get stopped out back at entry point (if I left trade alone). Mind you, I normally scoop small profits that add up, but this time I felt Nasdaq index had overdone its drop. Though it helped that I was already...
  5. 7out

    Is this a red flag or white?

    Fucking BS analysts in this world. Will Lose $3k in each account now. Going back to just day trading and index future trading - no fucking manipulations there!!
  6. 7out

    Covered Call Exit Strategy

    I agree, in Canada they also won't let you go short Puts (even cash secured) in registered accounts - so have to do synthetic puts with stock and covered calls.
  7. 7out

    Is this a red flag or white?

    I'm sure I've read everything about Corbus. I think you're confusing 2 different drug trials (and results). They have 1 drug lebasarum (or something sounding) that it's near the phase 3 completion on a treatment for systemic sclerosis and in phase 2 for another trial of a dug for cystic fibrosis...
  8. 7out

    Is this a red flag or white?

    Very nice, I stand corrected.
  9. 7out

    Is this a red flag or white?

    Don't see the point in buying/covering the $4 put, CRBP is sitting on $121MM in cash (if you researched it).
  10. 7out

    Is this a red flag or white?

    I doubt our account will allow short naked calls, but in any case I feel more confident in this stock rising than dropping (hence my initial interest in this stock).
  11. 7out

    Is this a red flag or white?

    I am bullish and I did sell call options, but you seem to misread the part where I bought the shares outright prior. It seemed like a great idea because (for instance in first trade), we paid $7.90 per share and immediately received $2.65 per the sale of the $9 call option. That reduces the...
  12. 7out

    Is this a red flag or white?

    I guess this will be a lesson for the future. Since I have already purchased the shares in all the accounts (mine, son's and girlfriend's) I have no issues of releasing the stock ticker so we can all follow together and revisit this page in 3 weeks when some options start expiring. I purchased...
  13. 7out

    Is this a red flag or white?

    I admit this is strange, but: This has been going on for 2 plus months (that I can back track)? In mid June the stock was at just $7.75 with a $4 call option (same strike/expiry date). The IV past 2 month has also bounced between 250-400% The stock has been gyrating between $6 and $9 for past...
  14. 7out

    Is this a red flag or white?

    I have 2+ decades worth of futures and stock trading experience both professionally and personally. However never dabbled much in options because I was mostly a short term/day trader. Since then, I took a full time job (government job with zero stress with great benefits and plenty of time...
  15. 7out

    ITM Stock Wasn't Called Away.

    LOL, Check to make sure that you're not trading a paper money account. :-)
  16. 7out

    TopstepTrader Q & A

    Sorry, but from an outsider perspective stocktrader100k makes a more solid argument here. He explicitly explains why one company is better than another.
  17. 7out

    Las Vegas day traders

    I would seriously consider retiring (at least part-time) in Las Vegas. Many nice areas and very reasonable prices for living expenses, plus I play poker on the side which is a big bonus there.
  18. 7out

    Las Vegas day traders

    Lol, I moved to Las Vegas for 6 months from end 2013 to early 2014 (while my house was getting renovated) and went to one of those traders meetup get together (in a back of some wine store or such). It was truly comical, at the time I was in early 40's and seemed like the junior in the room...
  19. 7out

    Looking for a 155€ (170$) investor

    Possibly I'm too old now and lost the connection between trading and emotions. My daily swings are in the $1k's but when I trade a day later or a week later after a loss I seem to follow the same trading strategy I'm currently using.
  20. 7out

    Looking for a 155€ (170$) investor

    It is if you're an experienced (professional) trader and trade according to a predetermined formula. I tend to write a lot of formulas (ideas) and want to try them out - at least those that can be proficiently written up. Many of my formulas require to be entered via a stop order because the...
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