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Search: Posts Made By: Bermudan Option
Forum: Trading Journals October 23rd, 2020, 09:43 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
October has been interesting. I clawed back most...

October has been interesting. I clawed back most of my gains earlier in the month but have become gradually less interested in the stock market. I'm not done with the markets though, I have...
Forum: Trading Journals October 12th, 2020, 11:46 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
No intentions of going short (Don't even have the...

No intentions of going short (Don't even have the ability to trade Futures currently), but the S&P is definitely overextended and it relates directly to my stock positions, so I will be watching this...
Forum: Trading Journals October 11th, 2020, 07:36 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
September 2020 Review Notes I've been...

September 2020 Review
Notes
I've been dreading this analysis lol. September was a bad month but after the analysis, I was finally able to put an actual number to it.

I feel like every time I...
Forum: Trading Journals September 25th, 2020, 01:17 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Stalking SPY for a potential short trade. The...

Stalking SPY for a potential short trade. The markets can definitely push higher, but I like the confluence across different technical analyses:

Short Term Horizontal Channel + 5MA (Yellow Line)...
Forum: Trading Journals September 23rd, 2020, 03:03 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
The Value area high of the channel served as...

The Value area high of the channel served as resistance and pushed price lower:
https://nexusfi.com/attachment.php?attachmentid=305237

I need to work on my stops while trading to the short side....
Forum: Trading Journals September 21st, 2020, 12:50 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
The markets kicked my ass last week. By Friday, I...

The markets kicked my ass last week. By Friday, I had reduced my position sizing lol.

I definitely lost a bit of my confidence (and money) over the last week or two, but I've made some...
Forum: Trading Journals September 14th, 2020, 01:00 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
SPY is holding above intraday VWAP (blue line)...

SPY is holding above intraday VWAP (blue line) for the time being today so the average person is making money, but that price is being tested right now:
...
Forum: Trading Journals September 14th, 2020, 08:26 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Going to lose some (paper) profits this morning...

Going to lose some (paper) profits this morning as the markets are gapping higher. If the markets rally beyond the open, I might have to close out some positions.

I will use SPY as my canary in...
Forum: Trading Journals September 12th, 2020, 08:19 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Yup you're right. I only highlighted one portion,...

Yup you're right. I only highlighted one portion, but McMillan says pretty much the same thing... a Bear Put spread outperforms short-term if stock goes quickly in your favor but the end results are...
Forum: Trading Journals September 12th, 2020, 04:47 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Looks like Bear Put Spread are the ideal trade to...

Looks like Bear Put Spread are the ideal trade to make in spite of the debit:
https://nexusfi.com/attachment.php?attachmentid=304943
Forum: Trading Journals September 10th, 2020, 02:26 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Hopefully I'm not getting too cute here. Sold a...

Hopefully I'm not getting too cute here. Sold a Bear Put Spread on TSLA since my stop would've been two wide to play with outright options.

https://nexusfi.com/attachment.php?attachmentid=304881
...
Forum: Trading Journals September 10th, 2020, 01:13 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Realized that I was too zoomed in for my trading....

Realized that I was too zoomed in for my trading. Deleted the 5m chart from my quick settings completely. Moving forward, my drill down chart will be the 15m.

I jumped into SPY again this morning....
Forum: Trading Journals September 9th, 2020, 08:50 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
^^^ Ended up getting shaken out of my position...

^^^ Ended up getting shaken out of my position before the selling at the close. :faint:

I got caught up picking a top. That isn't my bread and butter. I can eat just fine if I miss the first and...
Forum: Trading Journals September 9th, 2020, 02:32 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Alright I feel like I'm spamming at this point...

Alright I feel like I'm spamming at this point lol. This'll be my last post for a while and I'll put the rest in my Google Docs trading journal. I will be risking a full 1R with this trade since I am...
Forum: Trading Journals September 9th, 2020, 02:21 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Zoomed out and redrew a more relevant channel...

Zoomed out and redrew a more relevant channel with more touches. Anxiously looking for a reason to go short now



https://nexusfi.com/attachment.php?attachmentid=304847
Forum: Trading Journals September 9th, 2020, 02:11 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Exited my position. Buyers came and scooped the...

Exited my position. Buyers came and scooped the retracement lows and so I tightened my stop and exited on a short term trendline break:



https://nexusfi.com/attachment.php?attachmentid=304845
Forum: Trading Journals September 9th, 2020, 01:46 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Pulled the trigger. I'd been waiting forever lol....

Pulled the trigger. I'd been waiting forever lol.

https://nexusfi.com/attachment.php?attachmentid=304844

If it slightly retraces, I'm probably jumping out of the position FYI
Forum: Trading Journals September 9th, 2020, 11:48 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
I have been intent on playing the market to the...

I have been intent on playing the market to the downside to the point that a couple potential bounces on my radar went higher without me (IBB, DKNG).

SPY does not want to re-enter its channel...
Forum: Trading Journals September 9th, 2020, 09:49 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
There's nothing like waking up with a loss lol. ...

There's nothing like waking up with a loss lol.

Completed my first Fx trades last night (long EURUSD & long AUDUSD) and both were losses. The markets ended up going in the direction I wanted once...
Forum: Trading Journals September 8th, 2020, 03:32 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
I've missed a few opportunities today and had...

I've missed a few opportunities today and had some minor losses (my stops are razor tight right now). I was working on fading SPY's rally as well as TSLA's but I was a tad early on both. They both...
Forum: Trading Journals September 3rd, 2020, 04:01 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
^ Scratch that. Didn't see the setup I...

^ Scratch that. Didn't see the setup I wanted/didn't see it in time.
Forum: Trading Journals September 3rd, 2020, 03:08 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Depending on how the markets play out, I think...

Depending on how the markets play out, I think that swing trading may not been feasible short term if there is volatility/unsurety about direction. I might start day trading a bit (reducing my size...
Forum: Trading Journals September 3rd, 2020, 11:17 AM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Markets did what I expected today. I was not able...

Markets did what I expected today. I was not able to take advantage of the trade because almost all of the great bearish charts on my radar are, for some unGodly reason rallying ATM. There are a lot...
Forum: Trading Journals September 2nd, 2020, 04:37 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Key price area for the SPY. The markets not only...

Key price area for the SPY. The markets not only touched the control price for the current channel but also broke through the value area high of the larger trend.
...
Forum: Trading Journals September 2nd, 2020, 04:30 PM
Replies: 206
Views: 41,690
Posted By Bermudan Option
Didn't trade for the rest of the day and ended up...

Didn't trade for the rest of the day and ended up close to profitable with my existing positions thanks primarily to GRPN.

I'm kicking myself a little because I know that when the SPY is up 1.4%,...
Showing results 1 to 25 of 184

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