The S&P 500 has topped at 2430 on 6/1/17

[volente_00]

No sir. That was another trade. His "original" trade he was short SPY calls. Re-read the thread. I gave him a lot of shit about that. He later would scale in and out of secondary trades before pile driving into a short that kept going against him until the very top.

I swear you are either Ignorant or blind
I shorted March spy calls on the 2400 touch in March
Are those still trading in May and June ?

 

[volente_00]

No, I think he does and I think he lost money. I'm saying in general on this site there is a disproportionate emphasis on "calls" when the purpose of trading is not to be right but to make money. He never covered at 31 as you suggested...in fact he shorted more on the squeeze back up and kept averaging in all the way to the current all time highs. I and most people on here could care less about the semantics of the call but rather was he profitable, in which case he was not.

Your right I never covered the original short at 2331

It was 2319 posted on page 38 of the other thread since you need to review what I posted




3/27

Page 38 since you can't read basic English

Covered remainder at 2319


Now everybody that I know get that money baby
And we ain't worryin' 'bout them hoes get that money baby

 

[volente_00]

whatever happened on shorting in a confirmed downtrend where lower lows and lower highs have been established?

Some people like challenges

 

[noddyboy]

I'm shorting June spy call premium right now. 243,244,245

I have also initiated a Sept ES swing short with a 2435.75 avg

I got stopped out of my June ES swing trade at 2431.5 from a 2404 avg

Do you have stops anymore?

 

[Max E.]

That was fucking dicey at the close, in my head im thinking, there absolutely has to be selling on a friday after the move we have put in, i had my balls in a vice for a couple seconds, if they had popped 2440 i was toast, my whole weekend would have been shot. But ended up making 450 on the ES. Doesnt even come close to making up for how bad i blew it when i bought the bottom and exited for 1 tick, lol.

 

[volente_00]

Do you have stops anymore?

No stops on the shorted calls
I do not mind being short SPY from 245+ area from cost basis

2351 on the ES
Way it's going we will probably hit my stop Sunday globex

 

[volente_00]

That was fucking dicey at the close, in my head im thinking, there absolutely has to be selling on a friday after the move we have put in, i had my balls in a vice for a couple seconds, if they had popped 2440 i was toast, my whole weekend would have been shot. But ended up making 450 on the ES. Doesnt even come close to making up for how bad i blew it when i bought the bottom and exited for 1 tick, lol.

View attachment 174256

Don't sweat it
There's always another trade

 

[volente_00]

For those that have voted

What is your range prediction for SPX for the rest of 2017 ?

As of right now I have 2170-2500

 

[Max E.]

Don't sweat it
There's always another trade

Yep, the market gives me a million different ways to fuck up on a daily basis, pretty sure ill be crying about some other trade i effed up on monday.

What price are you short from if your stop is 51? I noticed your pretty accurate but you trade with incredibly wide stops, thats kind of where i got to get too.

 

[recession2016]

For those that have voted

What is your range prediction for SPX for the rest of 2017 ?

As of right now I have 2170-2500

idk but the last stage of the bull cycle is the most dangerous to short because euphoria kicks in and there's no telling when it wares out