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It is, isn't it? Not all of us have a 100% win rate.:D I am devastated I tell ya! I just lost .053% of my account! Perhaps I was wrong in my response to this thread. https://www.elitetrader.com/et/threads/trading-breeds-assholes.379334/page-3#post-5960307

Ok I just saw it was up 7% after the announcement so yes it is probably a loser. No big deal. I have five other trades on so maybe some of those will cover my loss.

Possibly. The four biggest opening gaps on Apple after the previous 7 earnings are 3.7%, 3.1%,3.1% and 2.5%. My lower break-even is 166.31 the upper is 180.42. I paid 3.76 for the spread. I have a system that is close to 80% profitable and this trade met my criteria. I am OK with losing. I...

I just put a double calendar on -(3 May 170 Put/3 May 175 Call) + (31 May 170 Put/31 May 175 Call) at 2:30pm today. I hate to say it but I hope you are wrong BUT it would be amazing if you called it correctly!

I doubt trading "breeds" assholes. These people were assholes long before they started trading. In my life I have encountered assholes in every profession at every level. Why should trading be any different? The great thing about being independent (not working for someone else) is you don't have...

Waste of time. A man can only do so much and the analysis and this isn't a game for individual traders. If you have a staff, maybe.

My apologies. I am new at trading earnings and ignorant. It appears all options do this on expiration day. Good lesson learned today:banghead:

I was under the impression that after earnings were announced the IV of an ATM option would crush down. Right before earnings GPC the ATM options had a 80.47 IV; this morning the IV is 253. This is three times what it was right before earnings, earnings were announced on Wednesday and here it is...

I am kind of new to earnings options trades. Do you think the pricing will stabilize over the next two days (if the stock remains where it is) or should I just suck it up and give up? (I know anything can happen so I won't hold you to what your thoughts are on it) It is only a one lot so no big...

I placed a trade in PLD for earnings. I sold the 19 APR 115 put and bought the 17 May 115 Put. I was trying to exit the trade today and the market maker was asking 30 cents more for the front month (19 APR) than the back month (17 May). Also, the bid/ask spread was over 1.2 wide for the front...

I happened to notice this as well. Instead of trying to be helpful quite a few get abusive towards people. More than likely this behavior is turning new members away and that is a shame. Everyone is an ignorant newby at some point. It doesn't mean they are stupid; they just need to be pointed in...

This is something we need to start doing. I would lose no sleep if a fraudster was put down.

I apologize if I offended. Someone else asked if you had been drinking and I just suggested the supplement in case you drink. I am afraid I am too stupid to know exactly what you were after. :D

Some may use technical analysis, others might use fundamentals while others in the market might just be taking advantage of short-term momentum. Hell, there may be people placing trades based on the moon phase or zodiac signs. BTW- If you are drinking a lot schizo you might want to look into...

Traders place trades based on what they believe the market will do in the future. That's why they are called futures contracts.

People are trading the perceived FUTURE value of the index and not the actual value of an equity market.

Speak for yourself. :D I love the Hershey kisses with almonds. I just bought a "Party bag" and it was 13.49 up from 11.99 last time.

I am not pimping orderflows; it is just what I decided on. I have heard good things about Sierra and there is one called "Gomi" that has had good reviews. By all means, select the footprint package you feel will suit you best.

My top chart (Minute chart) didn't capture the same timeframe as the other charts. Here it is from 8:50am to 12:20pm

The top screenshot is the ZS market on a one minute chart starting roughly at 8:55am. The second shot is a 5 range ZS chart starting at about the same time. Both of them had the same Orderflows indicators applied. The third shot is my other orderflow chart. I did not add the orderflows...