no i've been playing online. i have live tournaments coming up soon.
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dave, what you think , put options on AA at market open?
dave can you chart CVM, it was just mentioned to me. broke out today , i just cant make an opinion on that half body candle.
I don't know, kind of risky, woulda been better to have bought puts today based on CNBC's positive mention back a while ago, ie. go the opposite way, lol.
I'd stay away, unless you can catch a pattern on a 5 min chart and day trade it. I'm just not into options unless I have a real good feel for a breakout ahead of time. I think playing AA is risky now since it's post news.
I've been trading like crazy, and like the risk much better than options. Just playing breakouts on mainly resistance levels or bounces on support.
Man, that one is a toughy, I hate it when they reverse like that. I woulda gone in EOD on a full white on that guy.
For that one, I'd say, if the open is within the upper wick, and it moves to take out the high, then go in.
The other play is to watch the 5 min and see if you can catch $1.01 or $1.00 if it looks like it's turning down in the morning.
I'm maxed out on trades at the moment, but I thought COIN was looking pretty good, and could still be good breaking the even $1. Pretty clear $0.76- 0.77, or rather, under $0.80 was the real good buy area.
Still needing to get you some tickers - I got stuck doing some time sensitive stuff for the boss.
lol, a strangle on AA would have actually worked..
Currently
$17.50 calls -0.55
$17.50 puts +1.35
therefore $80 win per contract pair
hey Buddy thanks...the ocnf dillution really hurt it this year..its a big gap to fill...we may see this a little longer..I thought I was rich again this A.M in behl
and came up a little short...I sure hate spending that money before its mine....!!
OH no ...!!! where is Mr,Bill.......
He must be with Super Dave Osborn....
dr dave, looks like DRYS is in a nice wedge pattern, thirsty to break out.
i know we've been through this before, and i refer to my books, but in your opinion whats the best way to get a target on a bullish breakout on any wedge pattern?
QASP is back down below .019 this morning.
The roller coaster continues with this one. It's a great trading stock. The question is where is the bottom this time?
Hey, gang--
I am getting out of BEHL this week, gunning for an exit with about a 40% profit. I will then take that money and begin trading 1-2x per month. (I don't have a margin account, so I will need to hold a week or two.)
I'd like to get in to 1-2 stocks per month, and get out with something. The way I see it, a lot of smaller "somethings" is more likely than one big "something".
Should be an interesting process, regardless.
I may need to rethink my strategy as well. Maybe keep a core position in everything I have and play with the rest. Its a new trading year, why not? I really can't day trade though. So I will need to think about this. A news years resolution of mine us to get educated a bit more, can anyone point me in the right direction...I need a easy to read book on playing the market? Maybe Ill hit the local bookstore today.
Shots - I'm out ANX, just taking the profit, may come back later
im out of ENCO, bought at .31 sold at .35.. i got scared of the big reverse from the HOD
bulkowski wedge breakout target = for bullish breakout, ((high - low of wedge) x 70%) + breakout price. for bearish breakout , ((high - low) x 30%) - breakout price.