Out at 103.13
The Super Terrific Happy Hour
- Thread starter Max E.
- Start date
1 trade so far today, short NKE right out the gates made a couple hundred on it.
As soon as it started coming off of 2505, i felt like it might be done, pissed at myself for watching the ES melt down all day off the dead top, im thinking today is the day the market finally melts down, if it gets through 2492.50 looking for a good place to short now, that was a major major rejection of the highs on the ES, last support is 2492.50 if it gets through that, the market is toast.
As soon as it started coming off of 2505, i felt like it might be done, pissed at myself for watching the ES melt down all day off the dead top, im thinking today is the day the market finally melts down, if it gets through 2492.50 looking for a good place to short now, that was a major major rejection of the highs on the ES, last support is 2492.50 if it gets through that, the market is toast.
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Well this is why its important to play it tight when a stock doesnt do exactly what you think its going to do, i shorted the ES at 2497.25, and lost a quarter point on it, but i was looking to buuild on it if it went, i was absolutely wrong on this call in the worst way.
Moral of the story other than "Buy the fucking Dip"
is too just avoid getting too much conviction, i had talked myself out of shorting the ES once it looked like it had bottomed, but then i just couldnt resist doing it when it looked like it was rolling over off that high, i thought it was headed right back down to the bottom, I was dead wrong, sometimes taking a loser or a scratch is your best trade.
Not getting myself tangled up in this piece of shit was probably my best trade all day, ALGOS are just playing games today on this thing. Wish i could have convinced myself to change gears once it bounced the low three times in a row, and started curling up like that, i knew it was going right back to the highs but i had already convinced myself it was a short so i didnt do it.
Lost 50 bucks here, up a couple hundred on YPF calls i bought yesterday, and up a couple hundred on NKE.
Moral of the story other than "Buy the fucking Dip"
is too just avoid getting too much conviction, i had talked myself out of shorting the ES once it looked like it had bottomed, but then i just couldnt resist doing it when it looked like it was rolling over off that high, i thought it was headed right back down to the bottom, I was dead wrong, sometimes taking a loser or a scratch is your best trade.Not getting myself tangled up in this piece of shit was probably my best trade all day, ALGOS are just playing games today on this thing. Wish i could have convinced myself to change gears once it bounced the low three times in a row, and started curling up like that, i knew it was going right back to the highs but i had already convinced myself it was a short so i didnt do it.
Lost 50 bucks here, up a couple hundred on YPF calls i bought yesterday, and up a couple hundred on NKE.
Too lazy too do a write up on today, but ill just let the charts speak for themselves, crushed AMAT, and AMED and THO, lost money or scrathced everything else, overall finished up 3300 most of it AMAT.
Still holding some THO, and AEMD over night.
Thought MARA would go through .60 it was popping early morning on SSR
AMAT is the one i crushed, dont think i ever took more than a couple ticks of heat on any of my buys, thought it would pop 50 bucks today, i would have made alot more money by just buying and holding as opposed to adjusting the position the whole way up
THO, epic call by VANZ, ditched half still holding on too half, but once it put in the base on a higher low i went long.
Still holding some THO, and AEMD over night.
Thought MARA would go through .60 it was popping early morning on SSR
AMAT is the one i crushed, dont think i ever took more than a couple ticks of heat on any of my buys, thought it would pop 50 bucks today, i would have made alot more money by just buying and holding as opposed to adjusting the position the whole way up
THO, epic call by VANZ, ditched half still holding on too half, but once it put in the base on a higher low i went long.
AA, bought some looking at the daily and it looks good long term, though it would explode off 46 never happened but basically broke even on it,down 200.
Last but not least AEMD, had an alert for 1.49, should have had the alert in 10 ticks lower so i would notice it. chased it a bit, took my profit early, still holding 1500 shares, 2 bucks tomorrow doesnt seem unreasonable IMO.
Last but not least AEMD, had an alert for 1.49, should have had the alert in 10 ticks lower so i would notice it. chased it a bit, took my profit early, still holding 1500 shares, 2 bucks tomorrow doesnt seem unreasonable IMO.