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    ES Journal - 2021/2022

    Not sure about easiest market comment. This market tests patience and is tempting. I had so made my mind to stop going long but once I saw dip down below 4300, I couldnt resist. Got out of all positions except one. Greed is hard to overcome. Since earnings cannot sustain these levels, it will...
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    Scott Warners book about geometry and cycles in markets

    Give to your local library and claim as charitable cause.
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    "news sensitive" tickers

    Bet on news itself. NYT
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    ES Journal - 2021/2022

    It is actually in a risky spot. As long as there is no earnings surprise circa 4400 is still possible. Atleat somewhere closer to ATH is very much possible. If you have 10 or 15 points target yes. Anything longer is risky.
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    ES Journal - 2021/2022

    Unlikely to see such a drop now wo reaching circa 4400. (In my opinion not to be misconstrued as talking against u)
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    ES Journal - 2021/2022

    Holding pattern until jobless news.
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    ES Journal - 2021/2022

    News from China. Announced lower reserves, concerned about growth. Perhaps we will reverse as day moves on.
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    Who are the cheapest brokers for MES futures options?

    Most brokerages can negotiate depending on volume.
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    Efficient Market Hypothesis - False

    But most of the time 'new information' is new only to you and me. Most information is known to those who move market. How do you factor that. Do you really think ppl wait for a news before buying 500k aapl shares.
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    ES Journal - 2021/2022

    Covered shorts this morning 1 es and 9 mes. In the process accidentally shorted 9 more mes instead of cover but worked out in my favor at the end. For now staying away from longs.
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    Alternative to a VIX futures covered call

    Buy 100 uvxy and write a call ?........ Uvxy is an example use any optional vix etf. But if you like beer you are far better using it as a drink money than intentionally losing it.....
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    ES Journal - 2021/2022

    Vix seems to be moving in tandem?. Looks we may be done with the highs
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    Alternative to a VIX futures covered call

    Synthetic long = Buy call, sell put Synthetic short = sell call, buy put
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    Alternative to a VIX futures covered call

    Buy a call and sell a put?... Can't trade futures, look at etfs like uvxy. Not a wise idea unless you are timing it right.
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    Day Trading to Multimillionairedom

    Whether someone is a daytrader / swing trader or how you recognize someone as a daytrader is irrelevant. Day trader or not, objective is to earn money. While unfortunate exceptions do happen, in covid mkt if you can't make money, trading is not for that person. But asking pnl for believing...
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    ES Journal - 2021/2022

    Switching to shorts only for now. Shorted 4300.75 mes. Will add as it moves higher and move to es. Counter trend but short is perhaps better than longs now.
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    Trading out of Roth IRA while young

    I will say you did something wonderful that most 24 yr Olds don't even think about. Just keep the status quo and continue to build that. Along the way trade on a Ira too and don't worry about withdrawal now. You will retire in peace.
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    AAL, DAL, UAL, BA, JETS - Plunge Monday?

    Omg you really thought he is Jim cramer!....
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    AAL, DAL, UAL, BA, JETS - Plunge Monday?

    Delta variant and the concerns thereof. Cruise stocks also went down.
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    Newbee question. Please explain me the risks of the following strategy involving index futures.

    Search for dividend arbitrage. You need a combination of cheap option and a high dividend on underlying to get this to work in ur favor. Don't use futures.
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