Market Calls
- Thread starter inandlong
- Start date
i am long XLE
EDIT: should've taken a crap instead. out XLE for a loss.
EDIT: no performance this week out of me, my mind isn't in it. i should've listened to my plan to do nothing. i made a great trade (LYO short) and did not hold it. and, i made a poor trade (XLE long) after that one and did hold it for a loss. not a big deal money wise but it leaves me sorted. i like being in control, always. in other words, i look to be positioned with an impending move and my trades need to make money out of the gate and show favorable price action. i ignored this on the XLE trade and was in the trap instead of trading the trap. rookie mistake on reading the market/instrument.
EDIT: should've taken a crap instead. out XLE for a loss.
EDIT: no performance this week out of me, my mind isn't in it. i should've listened to my plan to do nothing. i made a great trade (LYO short) and did not hold it. and, i made a poor trade (XLE long) after that one and did hold it for a loss. not a big deal money wise but it leaves me sorted. i like being in control, always. in other words, i look to be positioned with an impending move and my trades need to make money out of the gate and show favorable price action. i ignored this on the XLE trade and was in the trap instead of trading the trap. rookie mistake on reading the market/instrument.
GOOG...which month ? what'd they cost you?(other then your hairline)lol
i went long XLE again, much better results this time around
i went long XLE again, much better results this time around
i'm pulling them up, the options on GOOG. i want to see you manage this trade. should be a good lesson. thanks. i was kidding about the hairline.
EDIT: i think maestro has his hands full today with the merger deal.
EDIT: i think maestro has his hands full today with the merger deal.
Quote from Cluseau:
i'm pulling them up, the options on GOOG. i want to see you manage this trade. should be a good lesson. thanks. i was kidding about the hairline.
EDIT: i think maestro has his hands full today with the merger deal.
I took some off at 5.80 +.30
It's a fed day so better safe then sorry ANYTHING can happen.
Quote from Samson77:
I took some off at 5.80 +.30
It's a fed day so better safe then sorry ANYTHING can happen.
True. i think that is the safe bet. volatility on this last spike down in GOOG was drying out which signaled to get long. it is increasing steadily and GOOG could test a regression area of $301.5 successfully. we don't want to be short as it is happening ... we want to be cash heavy for this event... ? (aside from oil getting bid and the FOMC this aft.)