I got tripped out of DE yesterday. I am starting to bias against DE. It seems to burn me every time. Although, I should have looked more closely at the trend duration. Oh well. CHK is bringing it back by pushing hard towards 20. I'm going to raise my stop on it to 10% up at we're sitting on 20% profit right now. Since there are no new triggers, I am reviewing the ones that are already inby funkho - Trading Discussion
Got a trigger today on NFLX, but it's too expensive for me to play in my trade size. Going to have to let it go by. Stop filled on V Friday. I'm down in DE now, and I put in a stop today to get rid of it if it continues to fall. The trend I was buying on RTT was just about over. I missed that when I reviewed it. I need to make sure I pay closer attention to how long the trend is set to laby funkho - Trading Discussion
First, checking in on existing trades. Looking over V, we're up in the option again today. The stock has moved down to what I consider support at the 250 area, so I want to put in a stop to secure a profit. I'm up about 11% in it right now. So I'm going to put a mechanical stop in up about 5%. Putting it in at 21.55. CHK is doing well also. It is also at a resistance spot, but I reallyby funkho - Trading Discussion
I'm not exactly sure why I sold WYNN yesterday seeing as how it wasn't really down. Also, there was no sell signal on RTT. Oh well, I will miss it I guess. I am adding CHK calls today as that came up as a trigger. I would point out that I am preferring EARNINGS trends to other trends when I am selecting trades on days where multiples show up. After that, I step down from 4-week to 1-week. Tby funkho - Trading Discussion
Wow... What a reversal. I think I am going to add in a new condition, which is that if I get 25% gain inside of one day, I'm going to go ahead and take that. Just be prepared for the next one. Interestingly enough, if I would have closed my calls yesterday, I would be perfectly positioned to get into the large amount of puts that have triggered in RTT today. Oh well.. I will be closingby funkho - Trading Discussion
Big day for my positions. WYNN advancing way more than I expected. I had a target area of 155 for WYNN, and it made it up to 152 today. Because it went so fast, I'm tempted to take the profit out of it now. If it backs off, I'll just take profits, but I'd like to see it hit the 155 area. V also made a nice move up. I'm looking for the 268 area for V. I'd like to see it move just a littleby funkho - Trading Discussion
My V option is up just a tad. Nothing to do with it. A couple more triggers on RTT today, so I'm going into Wynn. V - 1 x Jun '15 250C @ 21.25 = 2,150 Now: 21.80 WYNN - 2 x Jun '15 150C @10.75 = 2,150by funkho - Trading Discussion
wallemac Wrote: ------------------------------------------------------- > funkho, > > this is a terrific thread. > > since you are not using charts, how do you > determine entry? Most of your posts are around > 11-12 every morning, so i assume you are trading > before then. > > do you ever make any late day trades, between > 3-4pm. > > tby funkho - Trading Discussion
Well, the YHOO move looks justified. However, no triggers coming through on RTT today at all. Means I have nothing to do. More bullish trends on the horizon, so I'm sitting back to see those come though.by funkho - Trading Discussion
DECK took off today, so my sell yesterday seems like a really good move. I'm going to stick with setting targets for the trades from here on out. Whatever I set as a target for the trade won't matter... I'll just set a target and try to hit it. That being the case, I'm going to go ahead and close YHOO today also. The reason is because of the daily 50 sitting at around 48.50 as well as seveby funkho - Trading Discussion
Hmm, I told myself I wouldn't use charts outside of RTT when I started this. I will have to think about it some more. I think everyone believes you have to use external charts as well, but maybe I can keep it to a minimum... We'll see how it works out.by funkho - Trading Discussion
No new triggers today, and existing positions are confirmed to be in line. Nothing to do today but update the post... I am thinking about adding a target price based on recent support, resistance and other factors. At that point, I would be putting in stops on profit if not just taking them. In fact, I'm going to take DECK today as we hit the daily EMA200. Throw another brick on the piby funkho - Trading Discussion
I did some analysis regarding my set back over the holidays, and one of the things I was not even looking at was the sell signal in RTT. I am kicking myself, but for some reason, I just figured things would work out, whether I was looking at it seriously or not. This was a big mistake. I could have saved myself quite a bit of set back if I just would have sold on sell signals instead of payingby funkho - Trading Discussion
Ok, I've learned quite a lesson over the holidays. I have GOT to use mechanical stops over the holidays. I am not paying nearly enough attention, and positions are running away from me while I'm away. I have been set back quite a bit. I have a lot of ground to make up in 2015. I'm recording my losses and looking to make some gains back.. ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Soldby funkho - Trading Discussion
I am in the car today, but I had to close this on the road. Not sure how I will handle this kind of thing in the future. ADBE closed for 4.70. Full update later.by funkho - Trading Discussion
No new triggers still. Surprisingly quiet, but I guess that's good for this time of year. My positions continue to do nothing. I may start to scale out of positions based on age... As it stands, nothing is happening and nothing is out of bounds... ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Now: 5.70 YHOO - 4 x Jul '15 50C @ 5.25 = 2,100 Now: 5.65 DE - 4 x Jun '15 90C @4.70 = 1,880by funkho - Trading Discussion
Wow, almost no movement. I was hoping for something... Nothing is out of bounds, and nothing is moving. So I'll keep my update short. ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Now: 6.00 YHOO - 4 x Jul '15 50C @ 5.25 = 2,100 Now: 5.70 DE - 4 x Jun '15 90C @4.70 = 1,880 Now: 4.60 No new triggers on RTT either. Quiet for the holidays I guess. Happy Xmas!by funkho - Trading Discussion
Update today is quick. No new RTT triggers. Still in my positions. YHOO bounced back today. Nothing to do yet. ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Now: 5.90 YHOO - 4 x Jul '15 50C @ 5.25 = 2,100 Now: 5.80 DE - 4 x Jun '15 90C @4.70 = 1,880 Now: 4.70 Surprised that none of them are really doing anything at all.by funkho - Trading Discussion
Hard to keep updating while on vacation... Probably, I will just update the prices until something is worth selling. Looking for Santa to come to town. ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Now: 5.95 YHOO - 4 x Jul '15 50C @ 5.25 = 2,100 Now: 5.55 DE - 4 x Jun '15 90C @4.70 = 1,880 Now: 5.05 Nothing is out of bounds, so I'll just stick with them.by funkho - Trading Discussion
Driving all day today. I checked on positions. Not going to do anything about them.by funkho - Trading Discussion
Lots of new triggers on RTT today. I'm not thrilled about ADBE, and I kind of want to cut it and replace it with something else. However, it is sitting idle. Doing nothing... So I will stick with it. That means I'm not doing anything today. Just updates. ADBE - 3 x Jul '15 75C @ 6.10 = 1,830 Now: 6.20 YHOO - 4 x Jul '15 50C @ 5.25 = 2,100 Now: 6.00 DE - 4 x Jun '15 90C @4.70by funkho - Trading Discussion
I got a trigger on DE today... And honestly, I really want to replace POT with DE. POT is now up 5% after being up as much as 20% yesterday. The wildness is starting to bug me a little. However, the position continues to be UP for me, so I'm hesitant to do anything with it at all. The sell signal did trigger on RTT quite a few days ago, and it still hasn't triggered a buy signal yet. That mby funkho - Trading Discussion
Interesting day. I have two positions that are inside of the "sell signal" status from RTT, but both of those positions are up right now. That would be YHOO and POT... YHOO produced a sell status yesterday, but I'm up 1% on the trade right now. POT is up 10% although the sell status triggered on it a few days ago. I see new POT trends filtering onto the list of upcoming, so I'm gby funkho - Trading Discussion
POT continues to linger. I'm up 10% in it now, so I'm going to sit tight a little longer. ADBE dropped on me, and it's sitting down 9% right now. But I'm not going to do anything with it just yet. The numbers are still in tact. One more day to perform. I did get a trigger on YHOO today, so I'm adding that position now. POT - 10 x Jun '15 35C @ 2.05 = 2,050 Now: 2.29 ADBE - 3 xby funkho - Trading Discussion
I am using whatever pops up in RTT. I look at the Dashboard and I pick whatever has produced a signal on the dashboard. I tend to stay away from trends that are ending within the next few days, but I haven't had too many of those. At this point though, I'm using whatever signal pops up. ADSK is not one of the stocks I have enabled on RTT, so I wouldn't see that one. I only have about 27 seby funkho - Trading Discussion
My POT position is now up 9%. Happy about that. I was surprised to see the market fall as much as it did Friday. I guess the market has more bearishness than I do... Oh well, I still think puts in the fall winter are snipers, and I'm glad to have gotten 25%+ out of two of them. I got a trigger on ADBE calls today. Going to go into it today. Not going to do anything about POT. It did proby funkho - Trading Discussion
My bearishness is spent. I'm closing my two put positions and holding onto my POT for calls. I got a secondary POT buy signal from RTT today, because it had fallen and given a sell signal that I did not sell on before. So I'll just be closing my two puts and holding my POT for now. AAPL - 2 x Jul '15 115.00P @ 10.15 = $2,030 Sold 12/12 @13.00 = $2,600 POT - 10 x Jun '15 35C @ 2.05 =by funkho - Trading Discussion
This chop is tremendous! I had quite a bit of profit in my positions during that dip yesterday. Today, a lot of that has been taken away, but I still don't think there is anything to do. AAPL dipped hard yesterday and had me up at 18% profit, but has recovered some today. I still stand at 10% profit, but things are going so wildly, that I am going to just stick with it another day. If it gby funkho - Trading Discussion
AAPL giving back a lot of the gains. I almost want to take the profits out of it right here. I didn't plan to be in it long term. I will give it another day to see how it pans out. EMC is going against me as well. Not dramatically, but I am itching to get rid of it also. Again, one more day to see how it goes. POT is carrying the account at this point... Back up 19% today. POT actually gby funkho - Trading Discussion
Well well. CRUS got slammed in the face. I have to kill that trade... And AAPL extended the gains during this drop. POT is sitting with no real change. I got a trigger on EMC to fall, and I'm going to give it a run. I'll be replacing CRUS with EMC and keeping AAPL and POT.. AAPL - 2 x Jul '15 115.00P @ 10.15 = $2,030 Now: 12.00 POT - 10 x Jun '15 35C @ 2.05 = 2,050 Now: 2.00by funkho - Trading Discussion