QQQ, SPY, IWM - PUTS

    Posted by ssaffer on 12th of May 2020 at 01:22 pm

    QQQ, SPY, IWM - PUTS all ATM.  Bought at the open.   +20%.

    why not post when you

    Posted by watcdy on 12th of May 2020 at 01:35 pm

    why not post when you did it ?

    This is Steve and Matt's

    Posted by ssaffer on 12th of May 2020 at 01:49 pm

    This is Steve and Matt's website and service.  I am just sharing my notes with members as a collective forum.   I will never give people my exact trade in real time.    That's not what I do.   And it is not like I posted the information weeks later when it worked out, I post them within a fair amount of time if someone wants to do their own DD and take the trade or not.  I never want to be responsible for someone else's trade.  Many years ago I helped a friend with his trades.  What I found was this:  When you are making them money, it is never enough (he would cry if the stock went up another $0.50 and he didn't capture every last penny of profit, and when he lost money on a trade, he would cry and blame me.  So that was a valuable lesson for me.  So when i post my trades, these are just my trades and I am not recommending but just sharing with the group.   

    I agree with you whole

    Posted by rollerblader on 12th of May 2020 at 02:22 pm

    I agree with you whole heartedly ssaffer.  Nothing wrong with sharing ideas on charts and stocks to perhaps watch. I certainly appreciate it from all as we certainly can't keep our eyes on everything.  At the end of the day we all make our own decisions and are responsible for our own losses or gains. If someone gives advice and the stock goes up your a hero if it goes down your a zero. If this game came with a guarantee we'd all be rich.

    Agreed.  I have gotten some

    Posted by ssaffer on 12th of May 2020 at 02:25 pm

    Agreed.  I have gotten some great ideas from people on this site and gained a lot of knowledge and made money on most of them.  So I appreciate all the posts, because I also want to check against what other people are seeing and I might not be seeing.   I also try to share my mistakes and trades that went against me so I can learn from those mistakes and get better.  

    thanks ssaffer - we get

    Posted by matt on 12th of May 2020 at 02:50 pm

    thanks ssaffer - we get ideas from you guys, we all get from each other. been some awesome ideas here in this 'artificial' market

    Thanks Matt.  The goal is

    Posted by ssaffer on 12th of May 2020 at 03:22 pm

    Thanks Matt.  The goal is to keep ahead of the artificial market.  To know that market breadth has been on fumes these last couple of days.    Things were getting top heavy and as you said in your post last night.  Keep tight stops and careful as we have had a tremendous move off of the March lows.  Never fall in love with a trade, as it could be fleeting:)

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