Added results since live trading on 5/11/11. You can see the
affect of leverage since the system went live when you look at the
options vs. stock results.
I try not to look at the P/L on SPY System trades - up or down -
to eliminate emotion. Peaked this morning, and the AUG 27 calls
bought for this trade at $3.67 are now trading for $9.00. Wow. Wow.
Wow. That's a heckuva move for a SPY call.
Looks to me like the SPY has now closed above the upper BB 4
consecutive trading sessions, and on light volume. Price could
certainly move higher, but I think there is more risk to the upside
at this point.
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NFP vs. Philly Fed
If you only read one article this year, make it this one.
Posted by tumbler on 20th of Aug 2011 at 10:05 am
Zero hedge often paints the worst case scenario, but this is an interesting chart ..
http://www.zerohedge.com/news/scariest-chart-ever-philly-fed-versus-non-farm-payrolls
Spreadsheet Updated
Posted by tumbler on 15th of Aug 2011 at 10:27 am
Added results since live trading on 5/11/11. You can see the affect of leverage since the system went live when you look at the options vs. stock results.
Spy System using options
Spreadsheet Updated
Posted by tumbler on 6th of Aug 2011 at 07:08 am
Spy System using options spreadsheet updated...
Spy System using options
Back from the Northwoods
Posted by tumbler on 5th of Aug 2011 at 05:45 pm
Back from vacation and was off the grid all week. I will update the spreadsheet tomorrow.
Spreadsheet Updated
Posted by tumbler on 29th of Jul 2011 at 04:10 pm
Spy System using options spreadsheet updated with multi-entry #2.
Spy System using options
Spreadsheet Updated
Posted by tumbler on 28th of Jul 2011 at 04:09 pm
Spy System using options spreadsheet updated ...
Spy System using options
SPY Calls
watch the VIX slowly starting to move up from the inter day bottom
Posted by tumbler on 28th of Jul 2011 at 02:12 pm
8 days to exp; vega only going up; Monday morning resolution will be perfect. Short the weekly in this environment ... no.
SPY Spec Trade
Posted by tumbler on 28th of Jul 2011 at 01:46 pm
I'm buying the weekly 137 SPY calls at 0.11 as a spec trade in anticipation of a debt ceiling deal and market move higher.
GDX swing trade system
Posted by tumbler on 24th of Jul 2011 at 08:33 am
Great improvements to the system - Thanks Matt!
Spreadsheet updated
Posted by tumbler on 15th of Jul 2011 at 07:42 am
Spreadsheet updated with trade closed on 7/13/11. Options held up well for a "relatively" longer duration trade.
Spy System using options
Waiting for power
Posted by tumbler on 13th of Jul 2011 at 03:37 pm
Day 3 after the derecho in Chicago, and waiting for power. I'll update the spreadsheet once i'm back on the grid...
Bad second guess
Bad second guess
Posted by tumbler on 7th of Jul 2011 at 05:12 pm
Nothing to be ashamed of...you took some nice profits...and this is a marathon, not a sprint. Plenty of good trades are ahead of us.
Calls are way up
Posted by tumbler on 7th of Jul 2011 at 12:49 pm
I try not to look at the P/L on SPY System trades - up or down - to eliminate emotion. Peaked this morning, and the AUG 27 calls bought for this trade at $3.67 are now trading for $9.00. Wow. Wow. Wow. That's a heckuva move for a SPY call.
BB's
Posted by tumbler on 6th of Jul 2011 at 04:21 pm
Looks to me like the SPY has now closed above the upper BB 4 consecutive trading sessions, and on light volume. Price could certainly move higher, but I think there is more risk to the upside at this point.
ES day trade system - holy cow
ES day trade system
Posted by tumbler on 29th of Jun 2011 at 05:19 pm
Matt - what are your plans for this?
Another broken flag
Posted by tumbler on 17th of Jun 2011 at 01:03 pm
May need another entry point ... market is consistent - gap up and break the flag to the downside
Spreadsheet Updated
Posted by tumbler on 15th of Jun 2011 at 04:11 pm
Both today's trades included.
Spy System with options
Spreadsheet Updated
Posted by tumbler on 15th of Jun 2011 at 10:15 am
Spy system with options
Marketguy - what's in your tea leaves this week?
Posted by tumbler on 13th of Jun 2011 at 06:20 pm
I've been out of town and out of the market since Friday. What's your best guess at market action this week? Thanks
Spreadsheet Updated
Posted by tumbler on 10th of Jun 2011 at 04:40 pm
Spy System with options