I'll advice you take a little break and re-evaluate your plan/strategy in the market before you lose it all. You might find out a lot you never know.
Made a lot of progress, but feel like there's so much more to go...
- Thread starter trader99
- Start date
I hope this will not happened. I've losted a lot of money in the past and I'm learning from my mistakes.
It's just that GLD call options have been a crazy ride up and down. Very frustrating to trade. Everytime I want to hold longer it would go down again. I've sold some of my core positions. Should have sold more on Friday and this morning.
Don't really like how overnight it's going down a lot... I should have dump my entire position on Friday or this morning at the good higher prices...
We both expire 19th, I am selling on the second day of next rally... It is gonna get ugly likely in equities and bonds from February on, not within our time frame
I really hope so. In the past, at every pullback I bought more and more call options.
I sold out some on Thursday(1/3/19). but not enough... Still holding too many.
Now we are down to just 9 trading days for this. But this time I don't feel comfortable averaging down like in the past. It's uncertain if it's just a small pullback or a big one. It will become clearer in a few days... There's still a good chance of a big push upward from the weekly charts... Let's see
whew! My call options went back up but still not at the highs on Thursday 1/3/19. 8 more days! 8 more days! I might sell a lot more at the next big rally. Can't stomach this. Gold rallies then pulls back then rallies then pullbacks.
have you noticed this behavior? Overnight gold rallies. Then in the AM session it gets beaten down but still trending up. I get excited overnight but I can't get out my call options until RTH. By then it's not at the potentially high values as it was overnight.
One day it will break through... Just hope that day comes before next Friday! hehe
One day it will break through... Just hope that day comes before next Friday! hehe
1300 next week guaranteed! Europe is fading hard, Italy and Germany are weeks away from a official recession... Fed Rolling off a lot in next few weeks for January, the Fed can't keep buying sp 500 lots daily, and with white supremacy China comments, it might be a sign they are not willing to fully bend over to Lightizer and the Hawks. I think it can break 1300, too much negative news coming out on economy, ill likely sell it then, at peak
%%True;
FEB tend to be week, weak weeks/bear. But a JAN change in QQQ, if it closes up on weekly charts, this week= that is a change on the upside, good buy volume. BUT, QQQ has moved 7% daily in a bear rally 2000, May.
Larry Williams noted last job reports,[free thru email] sees no bear in DOW. I seldom argue with a man who gave me a free book + has agood looking daughter. But JAN tends to be down more in DOW/DIA, past 20 years; up in NasdaQQQ. Not a prediction.You know something, sometimes things just go wrong not because we are not doing something right, but it just so happens that things are not going our way. So if you strongly believe that things will be better you continue, but if not then you should follow what I have said before.
i'm counting on it! I hope it break through $1300 in a big way! That would be a glorious day.
It's going up again tonight. Hope it will continue to rise during RTH...
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