Bought QQQ puts at the open today.
EOD traders only journal
- Thread starter baggerlord
- Start date
I haven't updated my spreadsheets yet but will do it before the open Mon to see if I want to make any changes to my positions. I'm working right now on something I've been putting off for a while. I'm getting ready to test some automated trades where I will run my spreadsheet each night and then give my strategies their trades for the next day, instead of just making orders myself. One is a strategy simply intended to get me better entries, and the other is more of a shorter term strategy. I'm going to do them in forex so that I can test them with real money but very small size. I'll start posting them once it is ready to trade, hopefully in the next week.
Ok, I'll play.
Background...I use 50+ delta long calls or puts to swing trade only the etf's with the most liquid options only. Enter trades near close of day.
Ex. I've been long puts on gold 3 different trades successfully, but stopped out at loss with the trump- comey dust up.
May 12. Fading Ewz into resist
Went Long 40 put EWZ at 1.06 DTE 5/26.
Target on the underlying 38.5. Stop 40.33
Also...I use EOD to try to eliminate the noise, but I do enter trade around 3:45pm if I think criteria will be met.
Small size...usually 10 contracts. So the Ewz long put about $ 1,100. If target hit (38.5) opt should be about 1.6. Or 50 percent profit. (Changes in volitility not considered). Will hope to be quick on the stop. I sometimes exit positions intra day, never on open but sometimes mid day
Yeah I kind of do the same thing. I get off early sometimes and will trade in the middle of the day or enter near the close, but I plan for only being able to check after the market closes. I'm hoping this semi-automation will help improve my timing.
Hey Bagger, I'll chime in a bit, I currently have an ACD "gray box" that I'm paper trading until I gain confidence in it. It updates my NL's every night as well, providing me with individually optimized NL's and indicators for about 100 equities. I'm swing trading on a 10 day horizon.
EOD Futures
-orders placed on the open next day
-look at post expiry months for HMUZ, April, July, October, January
-look at the previous N number days back make note of the highest high lowest low
-macro futures, 30 year, British Pound, Euro, Yen, Gold
-use non adjusted data
-close out trades before expiry, don't open trades till post expiry months data comes in.
-use profit targets within dispersion field(oscillation wave heights/lows)
-make note of the most recent highest vol event, and where the highest high or lowest low price was.
-if price is above the vol highest high or vol lowest low, enter accordingly.
-filter futures with the lowest ATR, (avoids high cost futures) since entries/exits based on open following day
-orders placed on the open next day
-look at post expiry months for HMUZ, April, July, October, January
-look at the previous N number days back make note of the highest high lowest low
-macro futures, 30 year, British Pound, Euro, Yen, Gold
-use non adjusted data
-close out trades before expiry, don't open trades till post expiry months data comes in.
-use profit targets within dispersion field(oscillation wave heights/lows)
-make note of the most recent highest vol event, and where the highest high or lowest low price was.
-if price is above the vol highest high or vol lowest low, enter accordingly.
-filter futures with the lowest ATR, (avoids high cost futures) since entries/exits based on open following day
Going into week I am looking to get long gold or gold miners , TIPs, and short USD/JPY.
All correlated and looking to reverse and swing the other way.
Fridays US notes and bonds look to reverse after a decent swing as well. Gonna give this more than a day to gel and join.
I think the major thing here is the short dollar and strong bullishness in global equities(Europe,
Emerging markets and US tech)
All correlated and looking to reverse and swing the other way.
Fridays US notes and bonds look to reverse after a decent swing as well. Gonna give this more than a day to gel and join.
I think the major thing here is the short dollar and strong bullishness in global equities(Europe,
Emerging markets and US tech)
Almost went long calls on GDX but it closed below my level...still long puts on EWZ, unfortunately stop approaching.