Why Is The Obvious Not So Obvious?

What you do will determine what you get, if you do nothing, you will get nothing, if you do something wrong, and you are wrong, then you must change the situation so that you can be right!

J_S

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I hope this will help some of you and I feel it’s something that’s been long overdue on my part. This is my first post on ET (been a member since 2010). I want to say thanks to nysestocks and everyone that’s contributed. Thank you for both the positive and negative posts as both were needed. Without this thread I do not believe I would have been able to figure out what I needed to know to make money.
 
SkyChef said:
control?
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No SC, I was talking about something that shows 1888.25 was/is a key level to watch.!

Was/is as it will obviously change as price moves!

Note how IB charts can accurately show the price level on the chart, unbelievable for such a large broker:rolleyes:

J_S

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If aapl breaks to the upside then this person will make a nice few $$ at $200 a tick..but it needs to happen fairly quickly, as they will be worth nothing tomorrow if no sizeable rally!

J_S

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As you can see from the model price, the aapl options mentioned are worth nothing, but if aapl does a nice rally, which is unlikely, then that person will be smiling, if not, then the money risked is obviously gone.

J_S
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colcan said:
I hope this will help some of you and I feel it’s something that’s been long overdue on my part. This is my first post on ET (been a member since 2010). I want to say thanks to nysestocks and everyone that’s contributed. Thank you for both the positive and negative posts as both were needed. Without this thread I do not believe I would have been able to figure out what I needed to know to make money.
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Welcome Sir

Tell us a bit about yourself / trading

RN
 
J_Smith said:
I am certain a few know the answer to what I asked, but also know that it is only a guide, and what matters most is what actually happens when it approaches the important levels.

Do you buy or sell at these levels, well, I think the answer to that is obvious!

J_S
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And yet why you "didn't get it" in the Pullback/Reversal thread is beyond me. Because it was essentially the same question: is it a reversal or a pullback? If pullback, you buy; if reversal, you sell. Don't worry, I won't hold it against you. :rolleyes:
 
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