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  1. mervyn

    ES Journal - 2023/2024

    calls met, it is hard to trade, net net in red still, as I plan to go long, not as confident as few weeks ago.
  2. mervyn

    Day trading $SPX vertical call spreads with 0DTE

    Yes indeed, see my post in ES tread, blood on the street, have a drawdown over $2k. the difference is that ES can bounce back, ODTE you are cash settled today, dead body.
  3. mervyn

    Day trading $SPX vertical call spreads with 0DTE

    There is no secret sauce trading vertical spreads, either call or put, or iron condor, etc. Mostly just looking at delta for exposures, gamma is hard to catch. Days like today if you sell vertical puts, you at run over with a body on the street.
  4. mervyn

    The U.S. is Making a Gigantic Mistake!

    They need to have more nukes, otherwise we don;t speak to them. It is a predicament.
  5. mervyn

    ES Journal - 2023/2024

    I went long this morning for June contract, blood in the water.
  6. mervyn

    '50 Cent' VIX Trader Returns as Volatility Hedging Back in Vogue

    out vix at 55 cents, merely 17%. the filled price was 47 cents.
  7. mervyn

    ES Journal - 2023/2024

    MA doesn’t really matter these days as rates are overshadowed the market. It is unlikely to go either way. For longer timeframe, long is never a bad idea.
  8. mervyn

    Day trading $SPX vertical call spreads with 0DTE

    That’s not the point, if no consistency, it is gambling. OP could have short 1 ES and made $3k yesterday if he was just betting direction.
  9. mervyn

    Day trading $SPX vertical call spreads with 0DTE

    Beginner's luck. SPXW spread is not worth the effect. I had traded over thousands of contracts over last few years, 1-2 bad weeks you will give back all you pocketed. That's why I trade ES futures instead. More specific, 2018-2021, net losses -2800
  10. mervyn

    Investor Mark Mobius says he cannot get his money out of China

    https://therealdeal.com/new-york/2019/11/01/ben-shaoul-uses-bitcoin-to-sell-retail-condo-for-15m/
  11. mervyn

    The U.S. is Making a Gigantic Mistake!

    We are losing hegemony slowly, starting with debts and circulation of dollars.
  12. mervyn

    Investor Mark Mobius says he cannot get his money out of China

    A splash news few years back, an nyc developer sold dozen condo units in Manhattan to a Taiwanese buyer, fully paid in bitcoins. You can google it.
  13. mervyn

    Investor Mark Mobius says he cannot get his money out of China

    No entirely true, no foreign buyers / investors want to buy houses in the middle of nowhere, or in a distressed high crime neighborhood. And these folks are not stupid. Canadians own far more properties in US than other countries combined. But if you live in a city or neighborhood, you want...
  14. mervyn

    ES Journal - 2023/2024

    my trade plan is flipping long after March contract expires and ride it out.
  15. mervyn

    ES Journal - 2023/2024

    add another 20 points in red, not my day
  16. mervyn

    ES Journal - 2023/2024

    bad trades, out -30pts.
  17. mervyn

    ES Journal - 2023/2024

    I don't buy short etfs, normally sell puts on tqqq on a weekly basis, say $17 floor. If the puts are assigned, i sell calls to the upside until exit.
  18. mervyn

    ES Journal - 2023/2024

    mini or sqqq?
  19. mervyn

    The world is really crazy. . .

    I suppose it does make it one-sided but Russian can only handle one war at a time. It wll be bad regardless.
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