The Newmont Diary - futures io
futures io futures trading



The Newmont Diary


Discussion in Trading Journals

Updated by aligator
      Top Posters
    1. looks_one Tiberius with 129 posts (262 thanks)
    2. looks_two aligator with 3 posts (4 thanks)
    3. looks_3 cory with 1 posts (2 thanks)
    4. looks_4 RedK with 1 posts (1 thanks)
      Best Posters
    1. looks_one Tiberius with 2.0 thanks per post
    2. looks_two cory with 2.0 thanks per post
    3. looks_3 aligator with 1.3 thanks per post
    4. looks_4 RedK with 1.0 thanks per post
    1. trending_up 11,103 views
    2. thumb_up 269 thanks given
    3. group 4 followers
    1. forum 135 replies
    2. attach_file 212 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

The Newmont Diary

(login for full post details)
  #61 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Wednesday:



Just a sideways grind. I was thinking of buying some puts to protect the downside, but every time I think: mostly I am wrong. So I didn't do it. And I thought maybe I should roll my options since my outstanding options were cheap, but I decided to wait to the end of the week. Thinking again, I was.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:

Can you help answer these questions
from other members on futures io?
US OTCQB STOCK Brooker for UK BASED RESIDENT
Brokers
Traderoomplus
Trading Reviews and Vendors
Heat Map on Trendspider
Platforms and Indicators
Sierra Chart Alert Formula Question
Sierra Chart
MulitCharts: Limit Order converted to MIT
Platforms and Indicators
 
 
(login for full post details)
  #62 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Got a break of that pivot mentioned in a previous post. With increasing volume. Looks down to me .............. what do you say??



The Gold Miners ETF:


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #63 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received


Yes, NEM opened gap down and headed lower with the general market only to rally after 11:00. I checked the premiums of my outstanding options and they were as cheap as they would get. As time stamped on the trades image, NEM was consolidating, so I high balled the spread prices and they executed. I have 200 more shares that are married to puts and tomorrow after 3:30 I will sell 2 calls about 1 to 2 points higher than the stock. I sold the 47s and 49s today because moving down strikes without netting above the $1 price for the spread is an instant potential loss.





I don't know how many traders are involved with NEM or if it is the market maker, with 15 minutes to go in the RTH, they knocked NEM down.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #64 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

I waited untill 3:30ish to sell the remaining two calls. I decided to sell the 48s instead of the 47s. I can always roll down to the 47s.




Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #65 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Not much happening with NEM today.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #66 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

On Tuesday, NEM opened gap down, then consolidated. I wanted to execute a vertical spread lower to 46, but I didn't want to get squeezed on a price pop. So I didn't.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #67 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Wednesday another gap down open, then the whole day of consolidation.



So I did that vertical down to 46, but only after the premium had disappeared. I had put my order in yesterday and today as a higher then the bid, but it didn't execute. I finally threw another order out there for chump change.



And finally the daily/weekly chart is a good guide for the trend as NEM did break that lower pivot.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #68 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Thursday another day. The image has two days of 15 minute bars. Yesterday, was the gap down and consolidation, today was the gap up and consolidation (up bias). I have 600 shares and tomorrow I will have to write two calls on 400 shares.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #69 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Friday, gap up open and then consolidation. I wrote the 4 calls, 2 46s and 2 47s.




Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #70 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received


Not much happening this Monday. I was going to do a spread or two to collect premium, but decided to hold tight. NEM took it on the chin Monday.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:


futures io Trading Community Trading Journals > The Newmont Diary


November 1, 2012


Upcoming Webinars and Events
 

Order Flow Tools w/MotiveWave & Zytrade Brokerage

Oct 22
 

Technical Analysis Workshop w/NinjaTrader

Oct 27
 

Bookmap

Oct TBD
 

SharkIndicators

Oct TBD
 

Carley Garner

Oct TBD
 

GruttePier

Oct TBD
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts