Makin a livin', trading FSLR, POT , TSLA, PHOT
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AAPL 126 wkly calls @ .43 bot@ 11:45
SPY calls working now Beer!
Look at AMZN..just going off a cliff too. BIDU the only thing looking like it's trying to find a floor.
Nice, was out this morning. Looks like a rally off the bottom after the open but faded after an hour or so. Crazy Greek day!
Don't mean to jump in but I just opened at Eoption. Etrade fees were killing me. A friend has used Eop for a year and is very happy. Cheap is good lol.
Got eoption account app submitted. Waiting for approval. I know... 'bout time right!
Welcome back, was wondering when you would show up again. I've been having the kind of luck that made you leave. I read your posts and just totally understood. I want to be good at this and it sucks when I'm not. Besides the money it just eats at your self esteem. Hope you can have consistent wins this time.
Thanks for the encouragement. I may not have much time left to attend this school of hard knocks. I'm down justover $3k for the year so the "tuition" is getting painful.
I bit on the little rally and it failed. Nothing ever go my way a long time but it will go hours and days against me. I started to tell you to stay in cause I was still holding the calls so it was sure to drop more. I'm like the best indicator on your chart lol. Trying to make myself laugh so I don't go bad chit crazy.
Yeh, wish you had that thought a couple of minutes sooner! I was like oh great here we go again. Look at it now, just more tankage.Got to bounce a bunch. I did (stupid) average down a bit. Didn't want to throw much more out the window...
SPY still short? Think there is any rebound today/tomorrow ?thks
It was going up for about 10 minutes but Smart tanked the whole market with his "other shoe dropping" comment LOL
EDIT IWM dead cat bounce? Getting a little momo....back above the 126.03 support
Thanks! Good info. Looks like breaking below 126.03 was not good...I had that order in way below the bid and forgot to cancel it. Not looking good. Need some help to get out without too much damage. Love always having to salvage every trade....no it sucks really.
EDIT part of me wants to average down but it rarely works for me. At this point not expecting a giant bounce.
IWM bot 127 call @.43 june30 at 10:43
Could pull back to 10. Trade it don't marry it.
I have tried to utilize that information and incorporate it into my chart set up. I recently found a website that had some very helpful info with plotting Resistance and Support levels.They seem to match up to what you have been posting.The time stamp would help me see the picture leading up to and including execution of the trade. Trying to train my eye for the setup in relation to my favorite indicators. 5 or 10 minutes early or late can make a big difference.
Looks like a lower entry may be available over the next few weeks. That said most Weed stocks are pump and dump scams but I have to say this one may have a legit chance if they don't screw it up. Just ran across the news. Going to keep a close watch. I totally missed all the hugh MJ plays last year. Glad I didn't chase those cause most went up in smoke lol.
Dangerous cause its hard to tell when the trade actually was executed. I try to go back and look at the chart set up at the time of all the trades posted during the day. I have to kind of guesstimate when, based on the price and roughly the time of the post. Makes it hard to see what triggered the trade for whoever posted it.
I get the idea of "teaching a man to fish" but honestly most people would rather just buy fish. Bit hey that keeps the fisherman in business. People do pay for real time trading ideas.
It would help me to learn more the look of the setup if the time of the buy or sell was included. If you have time to post the trade it takes 3 more seconds to include a time. Roy must have hit NFLX right at the open in the first minute as it ran up a bit. $2.11 was the lowest price of the morning on that strike. Meanwhile as I am going broke trying to learn to do it myself i would love to have a few trade ideas with a decent chance thrown my way if anyone would "help a brother out" Not going to help me today..I was wrong on the transferred funds. Not till Mon. and I hate Monday. 90% of the time nothing is moving much or I get into something stupid and think I have time to hold it. Now Roys Bidu puts worked out but lucky for him I wasn't on that or it would go to nothing.
Clay just do him a chart and kill that pump and dump. You know you are all powerful and just a video chart from you can kill any pink sheet POS...LOL At least that's what all the whiners say when their junk tanks.
MEOW!! Cat might be a bit alive now.Maybe scare the shorts and get a good bounce
Well @ $25 or so depending on contracts but I get the point. I wasn't set up for it and the time to fund it would have taken me out for most of the week. FB calls instead of stupid puts and we wouldn't be debating this issue. I'd be up about $1700. But true it does effect my actions and negatively almost always. You know what really sucks...? The only reason I've even had a few bucks to keep trying is I got my mortgage modified and was able to skip 2 payments. Dropped the monthly payment $600 lower. Not getting near enough hours at the insurance office. May be working at friggin Walmart next month. I do appreciate your help and advice always.
Yep I had transferred some out to my checking account not expecting to screw up so badly. Got to wait for it to clear coming back
Edit Interesting to look back with that change in place. I see where it could have been useful.I added the 10 to my chart so now I can see both intervals at the same time. We'll see if it helps. Out of bullets till friday.
FB puts about worthless now. Bounced off the middle bollie on 15 min chart.Needed to break down thru to have any chance of getting anything much back.Only chance now is to hack their site and shut it down for a day or so...lol not going to happen.
Nice exit, it started bouncing quick when it failed to stay red. Always happy to see good trades, just wish I could experience some of that success myself more often. Feelin pretty beat down at the moment.That said at least all my parts are working pretty well, although the brain is in question lol!
That's bad...burned a days worth of premium too.
NFLX flirting with RED. Might take a good dive if it breaks.
Some speculation that Icahn may have used some NFLX cash to try and push AAPL. There was a positive new story on AAPL this morning but peeps know Icahn loves AAPL too
Still holding ? It's working well today.
Oh I know, I was just one more good trade away from having the cash to do that. Sucks to be me sometimes. I have a margin and a cash account but the money was in margin account at the time.
Just saw a post that Icahn sold his NFLX. It dropped pretty quick
Great advice if I could just see the trend. Charts are very clear after the fact you know.FB had been going up for a few days and looked too me like it was ready for a pullback. Maybe not a full on selloff but usually things don't go straight up. Smart scalped it a couple of times with puts but it just didn't want to go down much. He had to duck out quickly for a small profit each time.I got stuck in it partly due to PDT issue. Bought in my account that has margin on it. It was selling off into the close and I expected it might open the next morning lower giving me an exit opportunity. Bad luck it got a lot of attention and additional upgrade overnight and Cramer was singing it's praises the next morning.edit I think I even heard him say " That brad guy bought puts yesterday afternoon so I will probably go up for a couple of days....."
Thanks, I'll take a look at that adjustment. I kind of knew I was screwed right out of the gate but hoped it was just a gap and trap. Got a decent sell off after a few minutes but then off "too da Moon" Yep one of those days you just look at the chart and go REALLY??? Any put trade had to be fast, calls you had all day. AAPL didn't fly today but at least it went both ways several times. NFLX up like 20 after hours on 7 for 1 split. Wow
Load the boat on FB 90 calls cause it will get there.
FB darn near touched 88...here's a good idea. Buy puts and hold them on the biggest up day in a year. It's like I don't even want any of the money back cause I'm so pissed at myself for a stupid freakin decision to buy the wrong thing in the first place. Mondays suck cause it lulls you into thinking it has time to go where you thought it was going. I make a couple of small winners and all it takes is one loser to wipe me the frik out again. Never get a big winner never.Should have taken a nap yesterday instead of turning on the computer. @#$$
The irony is it looks like you have discovered a fool proof way of making money almost every trade.... Short whatever POS penny stock Clay puts a chart up for. If you are making money, does it matter which way the stock goes? BTW his chart has nothing to do with it.
After you watch 5 or 10 or for me $20k vaporize chasing the holy grail pink sheet POS you will learn to avoid that toxic waste dump. I was lucky and got one that a group pumped "to the Moon" and got out with my money back and some profit. Truth is I was drinking the Koolade and left another $20k on the table cause I believed the bullshit story.With in 6 months It turned out to be the scam many came on the board and bashed it for being. I hope you aren't as hard headed as me.
Might have been a quickie...back above 87 FB will not die easy.Shoot may go to 88 now. Can't win...
FB goin' down like a cheap hooker now. Well done Smart
Must be 252.50 put
FB if she cracks 87 you could be real good.Lower bollie on the 5 min @ 86.50 ish