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Post by lasvegas77 on Sept 20, 2017 13:52:28 GMT -5
The market has been teasing me for the last two days. First i was chasing it down from 12.57 trying to get in only to finally change my order to 12.47 where it kept bouncing anytime it would go through that area. Now it's still bouncing again from that.
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Post by theMist on Sept 20, 2017 14:01:11 GMT -5
It would have been better if VXX would have filled the gap to 42.73 with today's spike but it fell short at 42.57 so it's leaving it for another time
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Post by lasvegas77 on Sept 20, 2017 14:02:43 GMT -5
It would have been better if VXX would have filled the gap to 42.73 with today's spike but it fell short at 42.57 so it's leaving it for another time I hope not.
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Post by walnut on Sept 20, 2017 14:08:27 GMT -5
spot vix is down for the day.
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Post by lasvegas77 on Sept 20, 2017 14:31:19 GMT -5
Finally!
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Post by theMist on Sept 20, 2017 14:46:48 GMT -5
good trading talk to you guys later
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Post by lasvegas77 on Sept 20, 2017 14:51:25 GMT -5
are you holding Mist?
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Post by theMist on Sept 20, 2017 16:41:47 GMT -5
still holding in AH what do you think about overnight?
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Post by lasvegas77 on Sept 20, 2017 16:51:00 GMT -5
Im holding overnight. I was holding a while before i covered on Monday too. From 15.90 to 12.31 and then back in around 12.49
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Post by theMist on Sept 20, 2017 16:57:50 GMT -5
Im holding overnight. I was holding a while before i covered on Monday too. From 15.90 to 12.31 and then back in around 12.49 At this point you're in a position that you have nothing to lose. For me, I don't want to get caught in a spike since I just iniated the position today
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Post by walnut on Sept 20, 2017 16:58:29 GMT -5
I covered awhile ago. Don't like that Apple seems to be tanking. Will day trade again asap
tvix likely will open lower tomorrow though
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Post by theMist on Sept 20, 2017 17:03:04 GMT -5
I covered awhile ago. Don't like that Apple seems to be tanking. Will day trade again asap tvix likely will open lower tomorrow though S&P still looks bullish though
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Post by walnut on Sept 20, 2017 17:04:29 GMT -5
I know and I think tvix drops tomorrow
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Post by walnut on Sept 20, 2017 17:32:32 GMT -5
sold again at 12.40
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Post by theMist on Sept 20, 2017 17:57:06 GMT -5
I think we're safe after today's mini spike and S&P target is SP2540-50 range and by breaking SP2505 we are technically significant over the breakout line
So S&P should (keyword 'should') continue its ascent to that target before thinking of pulling back
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Post by jacksrbtr on Sept 20, 2017 18:03:51 GMT -5
I covered awhile ago. Don't like that Apple seems to be tanking. Will day trade again asap tvix likely will open lower tomorrow though A 4-5% drop since Sept 1st constitutes a "tanking" to you?
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Post by walnut on Sept 20, 2017 18:34:19 GMT -5
I covered awhile ago. Don't like that Apple seems to be tanking. Will day trade again asap tvix likely will open lower tomorrow though A 4-5% drop since Sept 1st constitutes a "tanking" to you? Yeah "tanking" was kinda silly to say but since any tiny move in the market (of which appl is a huge part) makes tvix shoot up 10% so yeah, if in the morning apple looks like it is opening down again I would be concerned. heck tvix had a 8.5% trading range just today over practically nothing. I've had enough beatings with tvix that I've learned to be really careful
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Post by jacksrbtr on Sept 21, 2017 9:08:08 GMT -5
A 4-5% drop since Sept 1st constitutes a "tanking" to you? Yeah "tanking" was kinda silly to say but since any tiny move in the market (of which appl is a huge part) makes tvix shoot up 10% so yeah, if in the morning apple looks like it is opening down again I would be concerned. heck tvix had a 8.5% trading range just today over practically nothing. I've had enough beatings with tvix that I've learned to be really careful Good call!
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