WNQ, I have been considering taking 50% across the board on wins. That is certainly on the table. I wasn't sure how often I would get buy signals, but they seem to be often enough that I could take more positions and just pull profits at 50% no matter what. The idea would be to take 50% wins and close 15% losers... And over time, it should yield pretty good results. That being said, I amby funkho - Trading Discussion
No complaints about POT entry. Up very nice today. I am looking for the 37 area for POT before I bail out. V is also up nicely today. I think I'll probably just ride this until the trend ends. AAPL is unmoved. Gained a little back towards the end of the day yesterday, so we're still fine on it. Not going to do anything today. Looking at the RTT chart, this thing should warn me before it blby funkho - Trading Discussion
HAS produced the sell signal, so I'm going to exit that one. Small gain in there. V has extended to quite about 26% gain. It appears to be riding the top BB, so I'd like to see it extend even more. AAPL is still against me, down 9% there. Not going to jump ship on it yet. I did get a trigger today for POT... I'll be picking it up. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Sold 12/4 @by funkho - Trading Discussion
Almost no changes other than V now producing more profit than HAS. AAPL is going against me, but I'm going to give it one more day to confirm it's not going to work. It's only down 5% as it stands, I can live with that. No new triggers, but I wouldn't be adding a fourth position anyway... HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.60 V - 1 x Jun '15 245.00 @ 19.40 = $1,940 Nowby funkho - Trading Discussion
HAS is drifting after that set back. V is doing the same. Not too much movement. Nothing to do to open positions except update. I was triggered on AAPL puts from RTT today. It's only a 1 week trend and it seems risky as AAPL is in a pretty massive uptrend, but I'm going to play it with a sniper mentality. I don't want to be in it long and I'll take profits or losses pretty quickly on it.by funkho - Trading Discussion
Taking a massive set back in HAS, but it's still up nicely. According to my other rule, I'm going to hold onto it. I suspect the market will have a nice up move into the end of the year.. Just have to survive the Thanksgiving hangover. No new triggers, so just updating positions... V is continuing to deliver as well. Nothing to do. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.80by funkho - Trading Discussion
Wow. Punched in the FACE by X... Down 38% in one day. That's hard to handle. Thanksfully, HAS is holding up the bargain. I am cutting X. V is doing nothing, so I'll be sitting on it as well. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 3.50 V - 1 x Jun '15 245.00 @ 19.40 = $1,940 Now: 22.60 X - 5 x Apr '15 36C @ 3.90 = $1,950 Sold 11/28 @ 2.50 = $1.250 I got a signalby funkho - Trading Discussion
X made the list as I expected, so I'll be entering that. HAS and V are both doing well. HAS is performing better though. Either way, I'm not ready to sell either one. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.50 V - 1 x Jun '15 245.00 @ 19.40 = $1,940 Now: 22 X - 5 x Apr '15 36C @ 3.90 = $1,950 Have a nice Thanksgiving!by funkho - Trading Discussion
Slow on the forums! Holidays, I guess... I got a trigger on DE today, but I really want to save some cheddar for X, which I am pretty sure will trigger tomorrow. I reviewed DE, but I think I'm going to pass. My other positions are doing fine today. Nothing to do with either one. Just updating. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.30 V - 1 x Jun '15 245.00 @ 19.40 = $1,by funkho - Trading Discussion
HAS is backing off of that high on Friday, but the play hasn't bitten me yet. No sell signal either. So I'm sticking with it. I'm also adding a position in V on the RTT trigger today. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.00 V - 1 x Jun '15 245.00 @ 19.40 = $1,940 I had to go to Jun on V, so I went two strikes ITM to get to my trade size without going over.by funkho - Trading Discussion
CAT got onto my list today, but it EXPLODED this morning up almost 5%. I can't buy on that move. I want to update HAS as it's doing very well. I'm not going to do anything with it. HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Now: 2.25 I want to revisit AMZN mainly. I should also revisit AAPL as well, but the same notes apply to both.. AMZN has turned out to be a stellar win for RTby funkho - Trading Discussion
X is not doing overly well right now. RTT is giving a sell signal, so I'm closing it out. I got signal to enter HAS, so I'm going in. X - 5 x Apr '15 35C @ 4.30 = $2,150 Sold 11/20 @ 3.70 = $1,850 HAS - 9 x Apr '15 27.50 @ 2.10 = $1,890 Account total: $10,670by funkho - Trading Discussion
Missed my update yesterday because of some stuff... Got a trigger on X, which I really like in November. It's way down today, but that should be a cheap price. Going to pick it up. X - 5 x Apr '15 35C @ 4.30 = $2,150by funkho - Trading Discussion
No new triggers for RTT today. Just checking in on positions. Amazon has really given a ton back... I said I would close anything under 28.50, and here we are. So I'm going to take it. Unfortunately, it has backed off all the way down to only 30%. Oh well. AAPL is still yielding 30% profit as well. Reviewing the RTT charts, I see that AMZN moved WAY over the top BB... And today, we'reby funkho - Trading Discussion
CAT - 4 x May '15 105C @ 4.30 Now: 3.80 AMZN - 1 x Apr '15 315C @ 20.30 Now: 31.40 AAPL - 3 x Apr '15 110C @ 7.10 Now: 9.00 I have my finger on the trigger so intensely for AMZN now that it is up 56%, but I have to let my winners run, right? Honestly, I glanced at it this morning and I wanted to close it when it was up 40%. Now that it has moved to 60% (while I am typing), I amby funkho - Trading Discussion
Because I am in three trades already, I'm not going to add any positions. Updating on existing positions as follows: CAT - 4 x May '15 105C @ 4.30 Now: 4.00 AMZN - 1 x Apr '15 315C @ 20.30 Now: 23.20 AAPL - 3 x Apr '15 110C @ 7.10 Now: 8.40 AAPL is really delivering for us. No reason to do anything with it just yet. AMZN is also running nicely. I would want to put some defeby funkho - Trading Discussion
DECK is having an up day today, but it triggered the sell signal in RTT yesterday, so I'm going to dump it. I'll pick it back up if it triggers again to go up. AAPL added to the trigger list, so I'm replacing DECK with AAPL... CAT and AMZN are up, so I'm holding on them. DECK - 2 x Jun '15 90C @ 9.25 = 1850 Sold 11/12 @8.70 = 1740 CAT - 4 x May '15 105C @ 4.30 Now: 4.55 AMZN -by funkho - Trading Discussion
DECK keeps heading down, but it has not gotten that bad, and the RTT signal is still in play. Going to hang onto it. CAT is busy doing nothing today also. Triggered on AMZN, so I'm going for it. DECK - 2 x Jun '15 90C @ 9.25 Now: 8.70 CAT - 4 x May '15 105C @ 4.30 Now: 4.20 AMZN - 1 x Apr '15 315C @ 20.30by funkho - Trading Discussion
DE pulling back, but CAT also triggered, so I'm going into that one. DECK took a dive today, but it is still causing me no pain. Hanging onto it. DECK - 2 x Jun '15 90C @ 9.25 Now: 9.00 CAT - 4 x May '15 105C @ 4.30by funkho - Trading Discussion
Alrighty... DE triggered for me, but reviewing in RTT shows it touching on the top BB. And with it moving like crazy today, I'm just going to put it on the list to watch for a pullback before entry. The market maker is giving me a little in DECK today, so I'm sticking with that one. DECK - 2 x Jun '15 90C @ 9.25 Now: 10.20 I will examine DE again tomorrow, but I don't want to chaseby funkho - Trading Discussion
Still no new triggers for me. DECK is having a really nice up day, but my option is not moving at all. Just sitting. That is really hard to believe considering the move that DECK is making. I guess the market maker will give it to me later. Right now, I'm Bid 9.20 Ask 11.10... Hehe. Love that spread... DECK - 2 x Jun '15 90C @ 9.25 Now: 9.20 Nothing else to do as DECK starts toby funkho - Trading Discussion
NCT is spot on. This thread is about testing the idea that we might use NOTHING but RTT to trade. It's really hard to say whether or not this is a success until this thread went on for a full year at the least. Probably more like 6 years would be a better test. Every system is going to experience a draw down period where it doesn't work. But I am sure there have been years when these same trby funkho - Trading Discussion
Late update today. I have DECK doing nothing and AMZN killing me. I have to close AMZN. AMZN - 1 x Apr '15 310C @21.00 - $2,100 Sold 11/05 @ 16.90 - $1,690 DECK - 2 x Jun '15 90C @ 9.25 Now: 9.00 No new triggers have triggered for me today. So I'm just waiting for something else to come along. Account total: $10,040by funkho - Trading Discussion
Things are looking bleak for my positions... All of them are down, and I'm a little surprised that AMZN has gone against me as much as 15% in one day. That's more than I would have liked to see out of an option so far out. The IBM RTT trend comes to a close on Nov 6th, and since it really hasn't done anything, I think I'm going to cut it. I think our trades are supposed to go our way before sby funkho - Trading Discussion
IBM still floundering. Only down 7%, so I will let it slide another day. I have triggers on AMZN and DECK... Retail in November? Sounds good. IBM - 3 x Apr '15 165C @ 7.00 Now: 6.50 AMZN - 1 x Apr '15 310C @21.00 DECK - 2 x Jun '15 90C @ 9.25 I can fit one more trade in my book, but I might have to pull IBM to do that.by funkho - Trading Discussion
NCTrader, I have just been running 1 strike out of the money on all positions. IBM is unchanged today, despite the massive up move. That makes me quite nervous about it. Nothing to do though. No new triggers for me today, so nothing to do. Have a nice weekend!by funkho - Trading Discussion
No new triggers for me today. IBM is unchanged. Doing nothing today.by funkho - Trading Discussion
I have played with RTT in conjunction with my own charting techniques also. I always seem to get caught up in overthinking, and I end up letting trades pass me by. As such, I created this thread as an attempt to focus on managing the risk in the trade AFTER the RTT entry triggers. Because I have seen RTT trend after trend do exactly what was expected. Likely, times will change. I am pretby funkho - Trading Discussion
This thread is based solely on RTT's technical entries. If you subscribe to the service, you will see the entries that I am talking about. I have limited my basket down to about 25... RTT tracks over 100 stocks. -Funkby funkho - Trading Discussion
I actually made a mistake on the earnings dates for CME and MA. I needed to be out TODAY, not yesterday. I got it in my head that EARNINGS was the 29th, when the day I needed to be out was the 29th. That cost me a little in the trade as MA made it to the 77 area I was looking for. I could have squeezed a little more out of it. CME took a hit yesterday, so we'll call it a wash. I got a triby funkho - Trading Discussion