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Search: Posts Made By: Allistah
Forum: Trading Journals July 23rd, 2012, 04:22 PM
Replies: 81
Views: 16,729
Posted By Allistah
Back when we had only monthly options it was...

Back when we had only monthly options it was common practice to say to close down the trade if you were able to capture 80% of the max profit. Now that we have weekly options I don't know what I...
Forum: Trading Journals July 23rd, 2012, 12:40 AM
Replies: 81
Views: 16,729
Posted By Allistah
Hey all -- It looks like we are set up for a...

Hey all --

It looks like we are set up for a bearish week. Thats my assessment. Bearish on the weekly, daily, and hourly. The arrows are point to key fib lines and divergences.

I read a book...
Forum: Trading Journals July 22nd, 2012, 09:57 PM
Replies: 81
Views: 16,729
Posted By Allistah
Hey thanks, I'm glad that you're enjoying my...

Hey thanks, I'm glad that you're enjoying my journal. :-)

Yes, that means the short strike. That is the one that you're on the hook for if it expires ITM. When I say ATM, it's as close to ATM...
Forum: Trading Journals July 20th, 2012, 06:54 PM
Replies: 81
Views: 16,729
Posted By Allistah
Thanks! I looked at my spreadsheet and I'm at...

Thanks! I looked at my spreadsheet and I'm at 15% ROR since I started back in March.

When I first started I was selling OTM spreads for about 20% ROR. My problem with them was that if they went...
Forum: Trading Journals July 20th, 2012, 04:39 PM
Replies: 81
Views: 16,729
Posted By Allistah
I ended up closing out a few losing spreads...

I ended up closing out a few losing spreads before the market closed. I bought back the shorts on the TLT trade as it was looking to close too close to the short strike of 130. It ended up closing...
Forum: Trading Journals July 20th, 2012, 11:50 AM
Replies: 81
Views: 16,729
Posted By Allistah
Yeah I just noticed that. I was in a bearish CMG...

Yeah I just noticed that. I was in a bearish CMG spread that expires today and I'm pretty sure there weren't any earnings posted. Today it is down 90 points. I'm glad I was on the correct side of...
Forum: Trading Journals July 19th, 2012, 06:16 PM
Replies: 81
Views: 16,729
Posted By Allistah
I'm still in these trades for this week... I've...

I'm still in these trades for this week... I've been really busy with work and I got into a few others today...

I made a couple mistakes today as well. Got into two trades that have earnings...
Forum: Trading Journals July 18th, 2012, 11:15 PM
Replies: 81
Views: 16,729
Posted By Allistah
Ok, lets go trough all the spreads that are...

Ok, lets go trough all the spreads that are losing - four out of seven.

CF, CMG, MA, PCLN are all losing pretty good at the moment. Now is where I think I need some feedback from those who are...
Forum: Trading Journals July 18th, 2012, 07:07 PM
Replies: 81
Views: 16,729
Posted By Allistah
At a loss of about $300 for all open spreads...

At a loss of about $300 for all open spreads combined for 1 contract each. I'm still bearish, things are very overbought right now and I still have two days left for these spreads to pull themselves...
Forum: Trading Journals July 17th, 2012, 09:57 PM
Replies: 81
Views: 16,729
Posted By Allistah
Here is my assessment of the Dow as of this...

Here is my assessment of the Dow as of this evening:

Monthly: Bearish - Just barely reaching into over sold territory
Weekly: Bearish - Almost touched the 78% fib, heading down
Daily: Bearish -...
Forum: Trading Journals July 17th, 2012, 07:10 PM
Replies: 81
Views: 16,729
Posted By Allistah
Markets were up today a bit. Down about $150 per...

Markets were up today a bit. Down about $150 per contract for all trades combined. Not much at all. Tomorrow will be interesting for sure. :-) I'm still bearish!

I'll look at the charts later and...
Forum: Trading Journals July 16th, 2012, 10:28 PM
Replies: 81
Views: 16,729
Posted By Allistah
So my MA bear call spread is in trouble. My...

So my MA bear call spread is in trouble. My short strike is at 430. When I looked at the market first thing this morning, it had gapped up to around 445 putting the spread very close to max loss. ...
Forum: Trading Journals July 16th, 2012, 09:53 PM
Replies: 81
Views: 16,729
Posted By Allistah
If this week bombs out for a loss I'll have to...

If this week bombs out for a loss I'll have to make some adjustments to earnings weeks and Fed reporting weeks. Only time will tell if I'm right on my bearish direction. lol

Current outlook for...
Forum: Trading Journals July 16th, 2012, 03:33 PM
Replies: 81
Views: 16,729
Posted By Allistah
I just opened another bear call spread on CF. ...

I just opened another bear call spread on CF. Got a great credit on it. I got a $2.98 credit on a $5 spread. This means that if I'm right and it expires worthless, I will gain $298 per contract. ...
Forum: Trading Journals July 16th, 2012, 10:44 AM
Replies: 81
Views: 16,729
Posted By Allistah
Opened three more bear spreads this morning. ...

Opened three more bear spreads this morning. Here they are...

https://nexusfi.com/attachment.php?attachmentid=81539

Most showed as being over extended and up against Fib lines.
Forum: Trading Journals July 15th, 2012, 08:34 PM
Replies: 81
Views: 16,729
Posted By Allistah
Just looked over my charts and things are really...

Just looked over my charts and things are really a mixed bag at this point. Not too much is clear at this point so I need another day of action to change things up a bit so I can re-evaluate.
Forum: Trading Journals July 13th, 2012, 05:55 PM
Replies: 81
Views: 16,729
Posted By Allistah
Here is my analysis for next week on the dow for...

Here is my analysis for next week on the dow for the weekly and daily charts.

Dow Jones Week Chart
https://nexusfi.com/attachment.php?attachmentid=81322


Dow Jones Day Chart...
Forum: Trading Journals July 13th, 2012, 05:53 PM
Replies: 81
Views: 16,729
Posted By Allistah
Hey, thanks a lot! :-) I appreciate that.

Hey, thanks a lot! :-) I appreciate that.
Forum: Trading Journals July 13th, 2012, 04:37 PM
Replies: 81
Views: 16,729
Posted By Allistah
Welp, it's Friday and the markets have closed. ...

Welp, it's Friday and the markets have closed. All spreads from last week will be expiring worthless tomorrow. 55% return against risk not including commissions. I think I ended up at 54.3% after...
Forum: Trading Journals July 13th, 2012, 03:16 PM
Replies: 81
Views: 16,729
Posted By Allistah
So there were a number of trades that I wanted to...

So there were a number of trades that I wanted to get into but they have earnings next week so I decided to just stay away from those stocks. I'm not so sure about these spreads this week. It's not...
Forum: Trading Journals July 13th, 2012, 02:22 PM
Replies: 81
Views: 16,729
Posted By Allistah
Where are the weekly options list in ToS? Here...

Where are the weekly options list in ToS? Here is where you can find it.

This is the watch list that shows all the stocks that have weekly options. This is maintained by ToS. I go through this...
Forum: Trading Journals July 13th, 2012, 01:08 PM
Replies: 81
Views: 16,729
Posted By Allistah
Here is a copy of my trade log for my spreads. ...

Here is a copy of my trade log for my spreads. I've changed all of the contracts to 1. You have to manually manipulate some of the totals for each week as you don't know how many trades you'll...
Forum: Trading Journals July 13th, 2012, 10:42 AM
Replies: 81
Views: 16,729
Posted By Allistah
Ok, the Dow is up 144 right now, got the decent...

Ok, the Dow is up 144 right now, got the decent pop I was looking for. I closed out the long positions I opened yesterday morning. Could it continue to run up? Who knows, sure it could.. But on...
Forum: Trading Journals July 13th, 2012, 01:40 AM
Replies: 81
Views: 16,729
Posted By Allistah
One other thing, yes, my technical analysis is...

One other thing, yes, my technical analysis is everything to me. No way I could get into even one spread without it. I'm also looking at the overall profit for the week, not one individual trade so...
Forum: Trading Journals July 13th, 2012, 01:28 AM
Replies: 81
Views: 16,729
Posted By Allistah
Hey there... Thanks for the post. You're...

Hey there...

Thanks for the post. You're right, I am open to hearing everyone's ideas about things. There are many ways to trade the same thing just as you described. You can't learn from others...
Showing results 1 to 25 of 53

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