257.60 long BABA here
Prediction Based Trading
- Thread starter stockpredictor
- Start date
Closed here at 258.50
40.20 long UAL here
closed at 41 here
One thing, even though I'll call an exit, in reality I might actually sell an option to lock in the gain in order to close the position the day after. This is to avoid the PDT rule. The commission cost increases, and the spread changes between options price change, so the actual profit may be less. I use this strategy when the profit is decent enough not to be affected too much by those costs; it doesn't work on those tiny profit scalp things. Just wanted to mention it in case it looks like I would be flagged as a PDT and subsequently accused of paper trading or whatever. Currently ~6k away from the 25k now- I think I can get to it by EoM.
197.25 long BA
197.55 closed
