Market Calls

Your entries are fabulous, but the problem is - you don't allow them to materialize. The double top call was correct but you did not believe enough in it your self. IMO you need to have different repair strategy other than stop loss and jumping out. Your sense of the market moves is well developed but your trading style is too jittery. Sorry for the this straight talk but I mean well and only try to help. Anyway, your market calls are very refreshing. Thank you.
 
The problem right now is that ES did not make a double top but is still working on a new high. This may be the top but could also be a trend day up. Have to wait a bit. Why are you so sure about the double top Maestro?
 
Quote from MAESTRO:

Your entries are fabulous, but the problem is - you don't allow them to materialize. The double top call was correct but you did not believe enough in it your self. IMO you need to have different repair strategy other than stop loss and jumping out. Your sense of the market moves is well developed but your trading style is too jittery. Sorry for the this straight talk but I mean well and only try to help. Anyway, your market calls are very refreshing. Thank you.

Thanks for the straight talk.

I don't agree totally but I have been a little jitery this last week.

Summer came in hard this year and it's been a radical change in climate.
 
Quote from easyrider:

The problem right now is that ES did not make a double top but is still working on a new high. This may be the top but could also be a trend day up. Have to wait a bit.

If I may, I have another view to offer. ES is exhausted! The news is getting worse and the black cloud of oil is still there. The afternoon will probably have a very light volume and a lot of profit taking. I'd be slightly negative using different option constructions to create a small negative delta with neutral vega and descent theta.
 
Quote from Rearden Metal:

I'm also very bullish on spooz for next week. Dip in the uptrend, end of quarter window dressing- all the ducks seem lined up for a sharp rally early in the week. I Bought ITM & ATM SPY calls at the close.

I'm still long. Expecting the rally to continue, and closing much higher than we are now.
 
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