Sleepless Nights

for some reasons, IB omits the numbers from the account info when that particular market is closed. stocks are closed, so i just took a snapshot of executions for today.

so you can't see by this attachment that i'm still holding alot of those puts i bought.
 

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if we don't start takin out lows fast here, i may exit my puts for minimal profits, and sit on my hands. I want to buy long term, but i'm not going to until fridays close, or we take out lows. either one.
 
I expect a break out of this intraday range real soon.... the spread on the options i'm trading just widened, if thats any indication of a move.
 
my analysis suggests down, but as I said on Monday, I'm torn between a low today, and the low last friday as being the bottom on the Naz.
 
but theres a whole lot more evidence that it will be today. But, just so you know, i got my money on it going down more.
 
I'm buying calls massively into close. I'm buying size.

I'm also buying in my 2k acct as well.

i'm gonna change my signature.

edit: just sold my last puts as well
 
will post results from todays trading a bit later...
but i can tell you those puts I bought yesterday went up 400%

and I'm up about 50% on my accounts... Total about 3100

be back later.

edit: the reason i didn't make 400% on them is cause i averaged out. We are way to near a bottom for me to have just held.
 
I'm very curious about your indicators, 3 separate ones giving you a buy signal not seen since sep? What are they?

All out buying right now? Not sure about that, although the big hammer at 9800 is probably good enough reason for some to cause a spike, maybe even a trend change. If it does bounce, would have to see how it behaves over the next few days. Doesn't mean you wouldn't be buying intraday/swing either if cued to by your setup (on the buy side), eg NQ goes lower and hits daily RSI finally and a few other things come together. If prices don't runaway intraday, but only correct (more selling intraday after a bounce, then perhaps lower over time (es 9500). When prices don't behave as sharply when the technicals turn south intraday, that's the bottom for now.

Here to there however, is a different matter. Going into earnings season and with daily bad news, I'm not sure if many people would be building large long term buys. Still, there is money to be made in the bounces. Maybe early/mid July, after the dust has settled. When the season is well underway, that would imply less opportunity for "earnings shockers". I suppose when people have forgotten why the maket sold off days earlier, or become numb to mildly bad news, you will know in retrospect where a bottom was.

Picking bottoms/tops is tedious. Entry/exit rules to guide behaviour makes life a whole lot easier. If criteria is met at a certain level, a trade is done.


ps. doesn't mean there won't be money to be made shorting short term even if it does trend up overall
 
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