The S&P 500 topped at 3017.8

Did the S&P 500 top at 3017.8 ?

  • Yes I think you are correct

    Votes: 4 18.2%

  • Hell no you are wrong

    Votes: 9 40.9%

  • Who cares Desterio is good people

    Votes: 3 13.6%

  • Who cares Barron is still ripped and shooting for 10% body fat now

    Votes: 2 9.1%

  • Who cares Volente sucks at calling short term SPX tops

    Votes: 4 18.2%
  • Total voters
    22
  • Poll closed .
nooby_mcnoob said:
That's awesome. It can be very intense to do this full time, as I am learning recently.
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Indeed. And do it knowing that it is your sole source of income? It takes on a whole new meaning. And it puts you on a pedestal far and above the one hit-warriors here who are dingling it as a testicle in their smelly underwear. When you trade to live, you tend to keep a keener eye on more than just TA and FA. You try to gel everything together, because after all, real data makes the world go around. Not simulated indicators. You try to figure it all.

Armchair warriors on the forum I do not suffer, because they have nothing on the line. Me? It is my life. And I am trying my darndest.

Soothing music. Ahhh.

 
Overnight said:
Indeed. And do it knowing that it is your sole source of income? It takes on a whole new meaning. And it puts you on a pedestal far and above the one hit-warriors here who are dingling it as a testicle in their smelly underwear. When you trade to live, you tend to keep a keener eye on more than just TA and FA. You try to gel everything together, because after all, real data makes the world go around. Not simulated indicators. You try to figure it all.

Armchair warriors on the forum I do not suffer, because they have nothing on the line. Me? It is my life. And I am trying my darndest.

Soothing music. Ahhh.

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Indeed.
 
nooby_mcnoob said:
Indeed.
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In all of today's NQ shitfangle, I squeaked out 88 bux on the MNQ. So 84 bux or something after commies.

I could have done better, but I got some green. And it will be reflected in my journal when it is updated. I am so on fucking edge with this trade shit though. Oy! Trump needs to go away!
 
nooby_mcnoob said:
Yessir. But mostly by just timing the market, I have had something along the lines of 20% returns over the last little while. Trading is different though. Potential for better returns, maybe. If I can fucking automate the damn thing instead of finding new ways to add discretion.
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My opinion, automation prolly works best in a blitzkreig manner, just hammer away with scores upon scores of trades. May not suit retail budget conscious type traders.
 
volente_00 said:
All in short at 3140 avg

Stop is 3182

Objective is open for now

Will roll to next contract if needed
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volente_00 said:
All 310-315 SPY call holders who bought hope will be left holding the bag

Downside objectives are

3093
And 3026
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Objective 1 reached

Stop trailed to 3142


RTM to 3125-3130 is still a possibility but 3026 will still be tagged if that happens
 
Overnight said:
What are you trying to accomplish here? Your top calls have failed. Your trades have blown out. WTF man?

I'm getting tired of people posting their sim trades in the forum,. Volente, are you serious? You used no stops?

You were short at 3140 in futures, now you are talking about options calls?

WTF?

Post a real money trade! WTF is going on with people on this forum? Why so much fake BS?
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My stop was posted as always with my 3140 swing short. Call holders are bullish retail. I am and have always been a contrarian day trader. 20 years of buying fear and selling hope hasn't failed me yet.
Lot of hedging at 3140-3150 has contributed to this current top and that is my basis for now. Couple that with China uncertainty and a scared FED, low volume and you have the perfect recipe for a market turn. How deep you say ? 5% very possible but all I can tell you is SPX will touch 2645 once the music stops.
 
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