Choppy af S&P open -- what are you trading today?

KCalhoun · Sep 22, 2020

Rangebound open, did you trade it?

I traded pivots in TZA SQQQ UVXY

Hope we get action later today

murray t turtle · Sep 22, 2020

KCalhoun said:
Rangebound open, did you trade it?

I traded pivots in TZA SQQQ UVXY

Hope we get action later today

%%
Buy orders, tech ETFs, scaling in again/not a buy on opening gap .

SPXS/spxu is still above 50dma.Good move yesterday on those.May buy some more this week .NOT a prediction...........................................................................

KCalhoun · Sep 22, 2020

2:50pm 9/22

Bottomfishing SQQQ here for daytrading though I'll likely get stopped out, sl at 25.6, buy signal is pivot over whole number. Entered @ 26.12, next 26.22 26.44

Selling most SPXS if sl 6.04 hits

Mostly cash

ChipShotTrader · Sep 22, 2020

Hi Ken,

Since you use eSignal, they have GET Pivots, which I use on a daily basis. Maybe, I am lazy, but I find them useful. Others like to do it manually (old school).

Enclosing a GBP/JPY example. I customized the pivots...

maxinger · Sep 22, 2020

choppy market - wait for 1 hour.
If the market continues to be choppy, simply turn off the computers and then go away.

murray t turtle · Sep 23, 2020

maxinger said:
choppy market - wait for 1 hour.
If the market continues to be choppy, simply turn off the computers and then go away.

%%
That;
or if you are already in , maybe can find another way also. I'm almost never quick enough to get in first or last 5 minutes....................................................................................

vincentnyc · Sep 23, 2020

i began shorting the market about 1:20 pm est today based on my signal.

TrailerParkTed · Sep 23, 2020

maxinger said:
choppy market - wait for 1 hour.
If the market continues to be choppy, simply turn off the computers and then go away.

Hate getting stabbed by a thousand needles, ZM and AAPL were killer trades yesterday along with ROKU on Monday. Shorting Materials and Gold was radical today along with pumps were hot. Are futures hard to trade, never tried them? If I can make $20 on a good day, should not jerk with Futures?

Overnight · Sep 23, 2020

TrailerParkTed said:
Hate getting stabbed by a thousand needles, ZM and AAPL were killer trades yesterday along with ROKU on Monday. Shorting Materials and Gold was radical today along with pumps were hot. Are futures hard to trade, never tried them? If I can make $20 on a good day, should not jerk with Futures?

Micros only if a good day for you is $20. And even then, be wary, they are highly volatile at the moment.

ChipShotTrader · Sep 23, 2020

TrailerParkTed said:
Hate getting stabbed by a thousand needles, ZM and AAPL were killer trades yesterday along with ROKU on Monday. Shorting Materials and Gold was radical today along with pumps were hot. Are futures hard to trade, never tried them? If I can make $20 on a good day, should not jerk with Futures?

Hi,

Futures are definitely harder to trade than stocks. I spent my first decade trading stocks, and my second decade trading futures. I was interested in Options, but after reading about Dest's background, I realized I could never compete with him. I may be smart as FUCK, but I know I am NOT a prodigy/genius. I mastered my craft of daytrading futures, and Dest made me realize that I was done, and to continue what I am doing well (for that, and I know he is for real, I am forever grateful). There was no need to study the math, etc., when Dest is on the other side. He will always kill you. So, yes, futures are great, study them!