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    Buying Options before Earnings

    Another newbie question. What are you looking at to tell what the market thinks?
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    Buying Options before Earnings

    So how would the pro play in this situation? I'm bullish on GLNG and have reasons to believe that it will go up 10+% in the few days or weeks after earnings which is on the 30th. This could go to $40 based on my analysis, but if they miss earnings they could go down 10%. I want to limit my...
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    Buying Options before Earnings

    Ok...let's just assume that I can pick stocks that will go up 10%, after earnings, then how can I benefit from it with options. When Moody's came out with earnings, it was trading around 62.5, and the 62.5 May calls were selling for $1, at exp. those calls were worth $5.40. PCLN was...
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    Buying Options before Earnings

    Here are few stocks that showed up on my scan, basically stocks with growing sales and earnings. Most of these had 10%+ move after earnings. I do not have historical option prices or the vol., but if anyone has it and can look back, what would have been the best strategy. PCLN, MYGN, ONE...
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    Buying Options before Earnings

    That's exactly my fear, but is there a way to play that though.
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    Buying Options before Earnings

    Volatility is certainly a big component, but how do we determine the fair price and which strike gives the most return for the risk.
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    Buying Options before Earnings

    Let's say I believe that a stock will go up 10%, after the release of earnings. It may take 1 day or 2 weeks. I want to be a call buyer, and not a put seller because I do not want to be short put if the company misses earnings and the stock gaps down. When buying the call, what are the...
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    Account being banned

    When I log-in from my phone or Ipad, I get a message that my account is banned. This has happened in the past too. Can you see why?
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    Matcha's Dow E-mini Journal

    One of the ways to becoming a professional is to find a mentor that will show you the way. I've traded live and am trading on sim right now. I understand that trading on a sim is not the same as trading live but I feel that if you cannot make it on sim, you will "probably" not make it live and...
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    GS's Price Action NQ Journal (Sim)

    Today's action was similar to yesterday's. At (1) price went up the channel and ATR 1 > ATR 4. At (2) we had a down candle with a LL-LH, but it's ATR was larger than the previous candle's ATR. This is exactly what happened yesterday too. In this case we wait for the red 5 min charts with a...
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    GS's Price Action NQ Journal (Sim)

    I was able to read the PA correctly but still didnot pull the trigger. The market was up huge before open and still held up in the first 30 mins. I was looking for a pull-back and got that at 7.30. As the market was pulling-back the down bars were getting smaller and smaller. I felt that there...
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    GS's Price Action NQ Journal (Sim)

    Here is an example from yesterday. At 10.50 price closed above 10MA (1) and the 2nd bar(2) after that made a LH-LL. Usually it is okay to go long here, but the 10.50-11 bar never touched the previous resistance which was at 26.75. At (3) price touched 26.75, so you'll buy at the high of (2)...
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    GS's Price Action NQ Journal (Sim)

    I have had few journals here in the past. I traded live and did good for a while and lost it all as time went by. Sometimes I feel that this is just a pipe dream and it is going nowhere. I am not willing to give up right now but I am getting to the point where if I cannot make it soon, I may...
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    Keeping Records

    Okay here are some of my issues. The most obvious one is not taking the trade when the market is up significantly. The second one is taking the profit too soon before it gets to my target. On 80% of my trades, if I had left the target and stop where they were I would have gotten my target. The...
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    Keeping Records

    -4 for the week including commissions on 11 trades, so I paid 44 on commissions and made 40 on my trades. I am still having issues pulling the trigger. Yesterday and today, I got long signsal but thought that the market had gone up too much and didn't buy. Finally when I bought, I got stopped...
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    Keeping Records

    Another week but same story. Start strong and slowly give up the gains and finish the week with a little over 100. I have noticed that when I trade based on my feel, I tend to do much better. I still have rules and set-ups but the entry is random after the rules are met. The way I see this is...
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    Keeping Records

    Last week I had 9 trades for a gain of $109 after commmissions. There were 5 wins and 4 losses. I have had few weeks where I have made about $100 per week, even though my % wins were higher than % losses. After last week I had to rethink my target. $109 on 9 trades is about 0.6 points per trade...
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    Keeping Records

    Last week I had decided that I was going to put my stop and target and leave it. This past weeekend I went back and looked at my charts and found that once the 30 min bar closes above the last 30 min bar, it is okay to trail the stop but not before that. Today I had 1 trade for a gain of $51...
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    IB--Time based exit question

    Anyone????
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    IB--Time based exit question

    Is it possible to enter an order and have it exit at a pre-determined time or when my target or stop is violated. I can use a bracket order and put a target and stop, but let's say if my target or stop is not touched by 12.30, I want to exit at 12.30. Can all these be combined? I use IB as my...
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