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bigram13
@bigram13
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2017-05-23 01:46
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bigram13
LeoFinance
6y
HD is a SCREAMING SHORT
Hands down, I am going short the home depot soon. Take a look at this chart Don't mind the gray oval that was from another trade, that I made money, but did not hit the target. We are 23 dollars above
$ 10.738
42
2
1
bigram13
LeoFinance
6y
Account update
Well the last 2 weeks have been good to me. Went from 17,500 to 21,457 and did it with a quickness. I had only 4 trades during that time and my account went straight up. Her is the break down, as you can
$ 8.997
60
bigram13
LeoFinance
6y
Are you FOLLOWING ME?
Yesterday I called out the play I was going to take in the market. We were going to gap down, and if we did I was going to be a buyer. Well we gapped down, and I was a buyer and was up like 250 right away.
bigram13
LeoFinance
6y
Head faked out
Sometimes when a trade goes against you, you are glad just to get back to even. But in some cases that trade would have worked out. They just head fake you out. Here is a chart of the IWM which is the
bigram13
LeoFinance
6y
S&P trade
I have been short IWM for a while, but closed out those positions for a small small profit. But If I would have held them it would have been a nice day. But I rolled them over to some SPY puts. Looking
bigram13
LeoFinance
6y
Rate pull back
So yesterday I was saying that the rates and banks were trading in step. I also pointed that they both looked over heated a bit. Today the overall market was up big, and guess what? Rates were down today,
bigram13
LeoFinance
6y
Banks on the rise
I talked about tracking rates on the T NOTE, but the people who benefit the most off of higher rates, are the banks. The banks, need the spread in the rates to make money, as they pay one person less than
bigram13
LeoFinance
6y
Treasuries on the rise
Where do we go from here, it seems everyone is watching the 10 year rate. I have seen predictions of it hitting 2.5 in the near term to 1.9 area. This could be trouble for the markets, and some people
bigram13
LeoFinance
6y
Ready for next week.
Well I had a bounce back week this week, and the best part is I have all my day trades left. So that will be a huge advantage next week as I look to regain some momentum. I ended this week with my total
bigram13
LeoFinance
6y
Average down worked again
Today was a decent down day in the market, and IWM was what I am in. I was down at one point 1500 dollars in the trade, but as the market went against me. I bought more, and more. I thought this trade
bigram13
LeoFinance
6y
Home Depot again?
Well I think by far, Home depot trade has been my biggest winner of the year. Well I am going to try and ride that horse again. The first time I went long, and this time I went short. As you can see my
bigram13
LeoFinance
6y
Buying your way out of a BAD TRADE
One strategy is to buy your way out of a bad trade, and by that I mean average down every time it goes against you until the one day it goes in your favor. You make everything back. You hope... Well hope
bigram13
LeoFinance
6y
Apple update
Apple popped 3 dollars today, and I was able to take some profit. As I was looking for a move to the 124 area, I did not expect it to hit it in a day. But you take it and run, it was 8 percent in 2 days,
bigram13
LeoFinance
6y
Apple Pop
Here is my current trade I am in, it is in apple, and I am hoping for a little pop to 125. Went long the 15APR21 120 calls for 560 a contract. I have 5 of them, and then went short 19MAR21 124 calls for
bigram13
LeoFinance
6y
Weekly account update
Well I reported all the good weeks, now it is time to report a bad week. I have had a busy couple weeks at the day job, and just did not have time to monitor trades. That being said, I am down about 13%
bigram13
LeoFinance
6y
Apple
Where does apple go from here, is it up, down, or side ways? That Depends on a couple things, like how big is the rotation going to be out of tech, and are interests rates going higher. The rotation out
bigram13
LeoFinance
6y
Complacency
Yes, Complacency, it is one of the most dangerous things as a investor, that you can do. Sometimes people get into a trade, and just don't want to look and it, and hope it will turn around. Well the investors
bigram13
LeoFinance
6y
Bear Bounce
Yesterday Was a huge pop up, but with all the big moves up and down, you have to wonder. Is this the top or is this the nearing of a top, or is this going to continue up. Well I don't really know, and
bigram13
LeoFinance
6y
Game Stop
I have not traded Game stop at all, and don't really plan on it unless it hits 1000. I will buy some puts on it there, but I noticed it is starting to run again. It is at 247 again. The all time high was
bigram13
LeoFinance
6y
Tech Heavy
Stimulus, re opening businesses, and no masks. We should be rocketing to the moon right? Well today we were down, and that was a shocker to a lot of people. Tech is the reason, and everyone is so tech
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