yeah
racrick- my boneheaded move was not interjecting into the SPY system
manually and keeping 1/2 of the position short for the website. As
you know a couple times last year I held the trades longer or
closed them earlier outside of the system. I had a very strong
feeling that the market would be down on Monday morning, so wish I
had closed 1/2 the SPY system on Friday and left half on so that we
could have manually closed that this morning
Posted by racerick on 27th of Jan 2020 at 10:01 am
Don't feel too bad. I was pretty heavy short the futures from
3336 in the wee hours of the morning Friday and kept covering at
different support points Friday am since I was going to be gone
most the afternoon. Kept one just for the heck of it, with a big
stop, covered little while ago at 3236. Happy, but not nearly
what it could have been. Been trading a lot of years, never had one
with that many points. On the SPY system, I've been doing this long
enough to know when playing systems, to stick with and not 2nd
guess, so even though it worked out this time, you did the right
thing and I'm kind of perturbed at myself for not sticking with it
100%.
well is what it is, we have all year now and I do think we'll
have plenty of volatility this year which will give the opportunity
for the systems to do plenty of trades
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yeah racrick - my boneheaded move
Just sold my last SPY put at 15.24 from 8.98 ...
Posted by matt on 27th of Jan 2020 at 09:46 am
yeah racrick - my boneheaded move was not interjecting into the SPY system manually and keeping 1/2 of the position short for the website. As you know a couple times last year I held the trades longer or closed them earlier outside of the system. I had a very strong feeling that the market would be down on Monday morning, so wish I had closed 1/2 the SPY system on Friday and left half on so that we could have manually closed that this morning
Don't feel too bad. I
Posted by racerick on 27th of Jan 2020 at 10:01 am
Don't feel too bad. I was pretty heavy short the futures from 3336 in the wee hours of the morning Friday and kept covering at different support points Friday am since I was going to be gone most the afternoon. Kept one just for the heck of it, with a big stop, covered little while ago at 3236. Happy, but not nearly what it could have been. Been trading a lot of years, never had one with that many points. On the SPY system, I've been doing this long enough to know when playing systems, to stick with and not 2nd guess, so even though it worked out this time, you did the right thing and I'm kind of perturbed at myself for not sticking with it 100%.
well is what it is,
Posted by matt on 27th of Jan 2020 at 09:52 am
well is what it is, we have all year now and I do think we'll have plenty of volatility this year which will give the opportunity for the systems to do plenty of trades