 |
|
05-18-2017, 04:17 PM
|
#61
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Got screwed in the end and exited at 2363.50...a gain of only 7.75 points....left a whole bunch on the table since it got up to 2375...oh well...
|
|
|
|
05-22-2017, 09:36 AM
|
#62
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Just went long @ 2387.75 with stop at 2376.75
|
|
|
|
|
05-22-2017, 09:51 AM
|
#63
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Stop moved to 2379.75
|
|
|
|
|
05-22-2017, 10:50 AM
|
#64
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Not seeing a lot of positives on this trade at the moment...stop remains as before
|
|
|
|
|
05-22-2017, 12:15 PM
|
#65
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Hmmmm...new highs on the day...maybe this one has legs left...stop moved to 2380.75
|
|
|
|
|
05-22-2017, 12:23 PM
|
#66
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Stop moved to 2382.25
|
|
|
|
|
05-22-2017, 03:52 PM
|
#67
|
|
Registered User
Join Date: Feb 2002
Posts: 10,861
|
Quote:
Originally Posted by PaceAdvantage
Just went long @ 2387.75 with stop at 2376.75
|
Looks like a good bet.
Nice run-up today.
Also, nice fall in VIX and VIXY.
I am thinking about buying more VIXY. The downside risk seems minimal. It's probably as likely to fall 10% as it is to rise 40% over the next 3 months.
|
|
|
|
05-22-2017, 04:00 PM
|
#68
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
15 min left...stop at 2383.25
|
|
|
|
|
05-22-2017, 04:07 PM
|
#69
|
|
Registered User
Join Date: Feb 2002
Posts: 10,861
|
Quote:
Originally Posted by PaceAdvantage
15 min left...stop at 2383.25
|
Looks like you're in good shape.
|
|
|
|
|
05-22-2017, 04:17 PM
|
#70
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Got out at 2392.50...made a whopping 4.75 points... 
Better than losing I guess
|
|
|
|
|
05-22-2017, 05:26 PM
|
#71
|
|
Registered User
Join Date: Feb 2002
Posts: 10,861
|
Quote:
Originally Posted by PaceAdvantage
Got out at 2392.50...made a whopping 4.75 points...
Better than losing I guess |
How many dollars did you make per point? If you made $1 per point that is not much. But if you made $1,000 per point, then that was pretty good.
|
|
|
|
|
05-22-2017, 05:28 PM
|
#72
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Quote:
Originally Posted by highnote
How many dollars did you make per point? If you made $1 per point that is not much. But if you made $1,000 per point, then that was pretty good.
|
The instrument I trade (S&P eMini Futures) is $50 per point per contract.
|
|
|
|
|
05-22-2017, 06:56 PM
|
#73
|
|
Registered User
Join Date: Feb 2002
Posts: 10,861
|
Quote:
Originally Posted by PaceAdvantage
The instrument I trade (S&P eMini Futures) is $50 per point per contract.
|
20 contracts. 
|
|
|
|
|
05-22-2017, 07:01 PM
|
#74
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
|
Quote:
Originally Posted by highnote
20 contracts. |
The great thing about the markets, compared to the track, is that if you find something that actually works, you will have ZERO problem sizing up to a point that will make you a fantastic living, as there is humongous liquidity in S&P futures...bet size is not a problem for most mortals IF you have something that works...
|
|
|
|
|
05-22-2017, 08:10 PM
|
#75
|
|
Registered User
Join Date: Feb 2002
Posts: 10,861
|
Quote:
Originally Posted by PaceAdvantage
The great thing about the markets, compared to the track, is that if you find something that actually works, you will have ZERO problem sizing up to a point that will make you a fantastic living, as there is humongous liquidity in S&P futures...bet size is not a problem for most mortals IF you have something that works... |
By the way...
One of the reasons deep-in-the-money covered calls work is for the opposite reason -- they are not liquid so big funds can't be bothered. However, the percentage gains can be tremendous.
|
|
|
|
|
|
| Thread Tools |
|
|
| Rate This Thread |
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
