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Post by theMist on Feb 7, 2017 16:02:56 GMT -5
Left 12k on for AH
Gave back yesterdays gains. Amazing, how timing one small move effects the whole outcome for the day
I should have had the order in before 3pm -- I would have been up on the day.
Looking to close out remaining 12k in AH, hopefully a lot lower and recoup some losses from today.
Thing that gets me is that you know the SCAMs are going lower over time. Just a question of how it gets there.
And S&P from TA perspective still looks real bullish!
**Do you think the China news may cause a blow up in markets??
If they're going to pull back hard on the markets, it will definitely happen with an overnight move. IMO
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Post by walnut on Feb 7, 2017 16:07:31 GMT -5
Today was a grind
You know, you can hedge TVIX with futures if the market drops in the night
That is how I got away with it all those months
Just match the dollar amounts (x2 for TVIX) Only do it if you have to because the futures bid asks are not too great.
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Post by theMist on Feb 7, 2017 16:09:04 GMT -5
Today was a grind You know, you can hedge TVIX with futures if the market drops in the night That is how I got away with it all those months Just match the dollar amounts (x2 for TVIX) Only do it if you have to because the futures bid asks are not too great. Please explain. So if say, I left 10k short TVIX on overnight - how would you hedge? I don't have a futures trading account - need to get that IB account opened up.
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Post by walnut on Feb 7, 2017 16:09:38 GMT -5
**Do you think the China news may cause a blow up in markets??
No, not really. It is demonstrating that US productivity of capital and labor is actually not losing to China IMO. It was all propaganda.
I'm still bullish on the market but not liking the VXX today
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Post by theMist on Feb 7, 2017 16:12:01 GMT -5
I guess it has to put in at least one green close every so often. lol
At least I got my one small losing day out of the way. lol
I'll make up for it and then some going forward. Hoping to see SCAMs up (and I mean really up) in premarket tomorrow.
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Post by walnut on Feb 7, 2017 16:12:47 GMT -5
8 march VIX contracts would hedge your 2 x TVIX, your dollar amount is 51700, so 8 March contracts is 101,000 Would get you through a bad overnight situation similar to if the problem happened during the day. Today was a grind You know, you can hedge TVIX with futures if the market drops in the night That is how I got away with it all those months Just match the dollar amounts (x2 for TVIX) Only do it if you have to because the futures bid asks are not too great. Please explain. So if say, I left 10k short TVIX on overnight - how would you hedge? I don't have a futures trading account - need to get that IB account opened up.
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Post by walnut on Feb 7, 2017 16:14:11 GMT -5
You could do maybe 2 feb and 6 mar and you'd be moving real close to the TVIX
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Post by clinton on Feb 7, 2017 16:14:21 GMT -5
stocktwits bulls are celebrating
DryShips Reports Q4 Results
Feb. 7, 2017 4:08 PM ET|About: DryShips Inc. (DRYS)|By: Niloofer Shaikh, SA News Editor DryShips (NASDAQ:DRYS): Q4 EPS of -$54.16
Revenue of $12.84M (-46.0% Y/Y)
not sure what they are so happy about, they all are posting bullshit so fast you cant even read it.
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Post by clinton on Feb 7, 2017 16:15:01 GMT -5
last I heard losing 54 bucks on a penny stock wasnt good
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Post by theMist on Feb 7, 2017 16:16:04 GMT -5
8 march VIX contracts would hedge your 2 x TVIX, your dollar amount is 51700, so 8 March contracts is 101,000 Would get you through a bad overnight situation similar to if the problem happened during the day. Please explain. So if say, I left 10k short TVIX on overnight - how would you hedge? I don't have a futures trading account - need to get that IB account opened up. Got it. Good to know. So that is how you survived all these months and you even did very well. Thx. BTW - so you would setup an alert on your IB account to wake you up (say selloff happened around 2am) to alert you and then you would put on the hedge??
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Post by walnut on Feb 7, 2017 16:22:52 GMT -5
Yes, exactly. I have it set up to send a noisy text to my phone. And an alarm on the IB system goes off
If war breaks out etc then the market will crash. But honestly in my years watching, most of the market meltdowns happen during trading hours. You may see a big problem in overnight developing, but it falls off the cliff later during the day. That's what I have seen at least
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Post by walnut on Feb 7, 2017 16:24:15 GMT -5
On the IB system, you can set up a conditional order so that if ES goes up 1%, it will buy the futures contracts. You don't really need to even watch it
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Post by clinton on Feb 7, 2017 16:24:28 GMT -5
surprise DRYS dropping like a rock now
dumb asses should learn to read an ER
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Post by walnut on Feb 7, 2017 16:25:43 GMT -5
SP-500 looks bullish to me
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Post by theMist on Feb 7, 2017 16:30:09 GMT -5
SP-500 looks bullish to me without a doubt just that end of day BS move in SCAMs that turned a winning day for me into a losing day nothing to cry over (little over 2k) -- just hate the little set backs every so often. lol
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Post by theMist on Feb 7, 2017 16:38:54 GMT -5
How's the new monitor?
You should upload a pic of your new setup when you have a chance
ttyl
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Post by walnut on Feb 7, 2017 17:04:27 GMT -5
I'm still trying to get it set up but so far it's looking real nice.
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