I have thought quite a bit about this as well. I have come to find that trading is a trade skill like carpentry. You can read every book out there, but you get the most benefit by watching someone who has mastered the trade. An apprentice program, basically. My question is... How do you select who becomes your apprentice. Your kids are an obvious choice, but with so many people out thereby funkho - Trading Discussion
GWNO sounds pretty obvious. The point of this thread has always been to produce a trading plan that could be profitable off of RTT signals alone. At this point, the strategy is fairly unchanged outside of taking the summer months off instead of trading them at all. As we come into the fall winter, the market appears to be setting up nicely for a lot of bull trends to work out. As it stands,by funkho - Trading Discussion
I did check things yesterday, and the story was unchanged, so I did nothing. Looks like the story remains unchanged today outside of a ton more triggers firing from yesterday. I'd like to give this one a few more days before I run into all these Bull trends... I think they will work, but not like this... Not yet...by funkho - Trading Discussion
I have 6 triggers for calls today.... But I'm not going in. I'm looking at the middle BB on all of them and seeing as how they have been on a rocket ship for the past few days, I'm going to let another day pass to see what happens at that BB...by funkho - Trading Discussion
Just FYI, I'm still here, but currently, 100% of the RTT trends are up, and the market isn't really having that just yet. If something shows up, I'll be playing it. Just nothing on my board right now... Still here though... Every day.by funkho - Trading Discussion
Well, it's a day for stops! CRM has to end because earnings is today. AAPL is stopping out. CME stopping out also. CME 3 x Mar 95C @ 6.70 = 1,950 Stop: 5.45 Limit: 8.75 Sold: 5.50 = 1,650 -300 CRM 2 x Feb 65C @ 11 = 2,200 Stop: 10 Limit: 14.50 Sold: 10.80 2,160 -40 AAPL 1 x Apr 100 @ 20.95 = 2,095 Stop: 17 Limit: 27.50 Sold: 17.50 = 1,750 -345 Account Toby funkho - Trading Discussion
It's not looking good, but I nothing has dropped off the trend list. I do not believe I have been stopped out yet on anything, so we're sitting tight another day. CME 2 x Mar 95C @ 6.70 = 1,950 Stop: 5.45 Limit: 8.75 Now: 6.20 CRM 2 x Feb 65C @ 11 = 2,200 Stop: 10 Limit: 14.50 Now: 11.50 AAPL 1 x Apr 100 @ 20.95 = 2,095 Stop: 17 Limit: 27.50 Now: 20.00by funkho - Trading Discussion
I got another trigger today on AAPL, so I'm going into that one as well. Only going to have three going at a time. CME is fairly unchanged. CRM is moving nicely. Going to stick with these. CME 2 x Mar 95C @ 6.70 = 1,950 Stop: 5.45 Limit: 8.75 Now: 6.60 CRM 2 x Feb 65C @ 11 = 2,200 Stop: 10 Limit: 14.50 Now: 12 AAPL 1 x Apr 100 @ 20.95 = 2,095 Stop: 17 Limit: 27.50by funkho - Trading Discussion
CRM is doing just fine. Going to move the stop up on it. Another trigger on CME. CME 2 x Mar 95C @ 6.70 = 1,950 Stop: 5.45 Limit: 8.75 CRM 2 x Feb 65C @ 11 = 2,200 Stop: 10 Limit: 14.50 Now: 11.80by funkho - Trading Discussion
Yes, the charts turn green or red for a few minutes to signal an entry. But this is only an entry signal. In other words. If you have a position you researched the night before, but you weren't sure when you wanted to actually buy the option, you might use this to tell you when the exact time for entry would be. It's as simple as that, a very dangerous entry signal. Dangerous because the iby funkho - Trading Discussion
I'm going to start closing plays off the list if they trigger out on RTT now. Sometimes, the signal fires, but then the play falls off the list. That has happened with CRUS. So I'm going to bail on it even today. Wait for another spot to get in it. CRM hasn't removed the trigger, so I'm leaving it in. CRUS 3 x Mar 25C @ 6.00 = 1,800 Stop: 5 Limit: 7.90 Sold @ 6.00 0 CRM 2 xby funkho - Trading Discussion
Trigger came up on CRM calls.. Heading into that. CRUS is progressing nicely. Moving up the stop on that. CRUS 3 x Mar 25C @ 6.00 = 1,800 Stop: 5 Limit: 7.90 Now: 6.90 CRM 2 x Feb 65C @ 11 = 2,200 Stop: 9 Limit: 14.50by funkho - Trading Discussion
It was definitely a call trigger. The update happens based on what happened the day before. And yes, I have been stopped out of AAPL already today. There are triggers on others though. AAPL 2 x Apr 120C @ 8.90 = 1,780 Stop: 7.15 Limit: 11.60 Sold: 7.15 = 1,430 -350 CRUS 3 x Mar 25C * 6.00 = 1,800 Stop: 4.85 Limit: 7.90 Account Total: $10,416by funkho - Trading Discussion
I have added a qualifier to e-signal trades, which is at least a FP on the hourly chart... As such, I almost went into BIDU this morning, but decided against it due to the price being outside the BB... It continues to show signal, but I am going to let it go... I did take a SS though. Just wanted to post what I am seeing.by funkho - Trading Discussion
Well well! I'm back! Here for an AAPL trigger that kicked in today. AAPL 2 x Apr 120C @ 8.90 = 1,780 Stop: 7.15 Limit: 11.60by funkho - Trading Discussion
NCTrader Wrote: ------------------------------------------------------- > funkho, "E" traders, et al. > > I am going to comment on CMG and large spreads in > the interest of sharing/collaboration. There was > a big discussion regarding large spreads back when > Darcy was active. I mentioned it only because ... This is a very good point. I actuby funkho - Trading Discussion
I have begun tracking since the start of August, but I haven't seen any triggers yet. There was one to go down on TSLA yesterday, but TSLA was doing earnings. There are no new triggers today.by funkho - Trading Discussion
I highly recommend paying close attention to the spreads. If you think it looks like too much of a spread, just stay away from it. I grabbed BIDU calls. Bought at 1.49 and sold at 1.88... I bought it as soon as the trigger showed up, and I sold it as soon as it hit back to the high of the day. Also, I got burned in CMG this morning. I'm taking it off my list because of the optioby funkho - Trading Discussion
First day I was able to replicate the setup and actually watch the market. Got triggers on BIDU and GOOG. Posting SS from each... First I did BIDU: This week's 175C entered at .75 and exited at 1.00 While BIDU was going, There was a signal on GOOG. This week's 645 in at 4.50 and exited at 6.00 And while I was typing this, I got another on WMT which I shot, but I'm not gby funkho - Trading Discussion
Still here! Still lurking... I'm expecting to go back to daily posts in early August...by funkho - Trading Discussion
I'm still here in still checking daily. But I am holding my cash until the fall winter. I am looking at IBM today. But I am just looking for now.by funkho - Trading Discussion
I ended up stopped out of this yesterday. Sure does seem like a good idea to do nothing until August... I'm going to keep checking in... Accounting to follow: AAPL 2 x Dec 125C @ 10.00 = 2,000 Stop: 8.50 Limit: 13.20 Sold: 8.40 = 1,680 -320 Account Total: $10,766by funkho - Trading Discussion
Finally got one! I'm going in on AAPL today. I am supposed to buy at least 180 days of expiration, but I'm going to let 176 days of expiration slide on this trade. AAPL 2 x Dec 125C @ 10.00 = 2,000 Stop: 8.50 Limit: 13.20by funkho - Trading Discussion
Trigger today on NFLX which is also far outside of my trade size. Have to let it pass as well. Nothing else going. Have a good weekend.by funkho - Trading Discussion
Nothing interesting happening. I have nothing but short 1 week trends triggering in RTT. I'm still tracking AMZN, and it's working... Not up by much, but up now... Too bad it was too expensive...by funkho - Trading Discussion
I would agree that this question is a very personal one. Every person who trades for a living has to find their own way of doing so. I would hesitate to move to Raleigh because you would be putting a lot of the responsibility on Gary to teach you. But in fact, the responsibility is on you to learn. I think you find a lot of conflicting opinions because everyone comes from a different place.by funkho - Trading Discussion
I am still checking daily. It does seem like just checking out this time of the year might be worth doing. I will continue to check daily until the fall winter.by funkho - Trading Discussion
Wow. I really would like to get into this AMZN position, but it would cost me 4k for one contract... So I'm going to have to let it pass. But I will practice it... Just won't count it here since my trade size is 2k here.by funkho - Trading Discussion
Still checking in. Still opting out of trades for the time being. I am actually looking for an RTT trade to come up long, but there are very few of those at this time of year. So I'm just staying out. But I am still checking in...by funkho - Trading Discussion
I am still looking into it, but I think I am going to start using to track my trades. They have a tremendous amount of upsale, but it appears that they do track trades... Would be a nice public record of your trades also... I can't vouch for it yet as I just started using it, but it is worth looking into...by funkho - Trading Discussion