guspenskiy13 976 posts msg #120305 - Ignore guspenskiy13 |
5/30/2014 4:01:33 PM
BITA entered 41.18; closed 41.62
left a portion overnight
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Kevin_in_GA 4,599 posts msg #120318 - Ignore Kevin_in_GA |
5/31/2014 8:42:05 PM
IWM 112.53
nice call Kevin!
++++++++++++
Yes, but I also placed a bet that the SPY would close below 192. Same statistical probability when the trade was placed.
That's the thing about statistics - they are never wrong.
Because they also said there was a 9% chance it would close above 192.
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johnpaulca 12,036 posts msg #120341 - Ignore johnpaulca modified |
6/2/2014 9:06:21 AM
NPSP....gained another $6 in pm
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johnpaulca 12,036 posts msg #120345 - Ignore johnpaulca |
6/2/2014 10:16:00 AM
johnpaulca
8,455 posts
msg #120277 5/30/2014 12:44:03 PM
johnpaulca
8,449 posts
msg #120262
- Edit message 5/30/2014 9:48:29 AM
TNA....short signal triggered at $71
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almost $69, will bounce and continue down
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now $67.45 after the bounce....indicators would have you buying....cycles would tell you're late...price action said to short....isn't this fun.
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guspenskiy13 976 posts msg #120346 - Ignore guspenskiy13 |
6/2/2014 10:21:00 AM
Kevin - how do you get your stats?
Thanks,
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guspenskiy13 976 posts msg #120347 - Ignore guspenskiy13 |
6/2/2014 10:23:57 AM
IMO both qqq/spy have some decent support just below the LOD's...191.7-191.8 and 90.5-90.6
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johnpaulca 12,036 posts msg #120348 - Ignore johnpaulca |
6/2/2014 10:36:06 AM
SPY...4-min trend broken, shorting will be your best bet in this timeframe
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Kevin_in_GA 4,599 posts msg #120349 - Ignore Kevin_in_GA |
6/2/2014 10:40:48 AM
Kevin - how do you get your stats?
++++++++
Option deltas. It is far easier to predict where the market is NOT likely to go (more than 2 SD from its current price) than it is to predict market direction. I am tracking iron condor trades on SPY, IWM, and GLD weekly options - you can see how it is doing over at Collective2. The system is called Pangolin IC.
For me, this is a very attractive strategy - makes about 1% per week with little effort and uses robust statistics to gauge the likelihhod of a successful result.
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johnpaulca 12,036 posts msg #120351 - Ignore johnpaulca |
6/2/2014 10:45:18 AM
BMY....I'm creeping this for a pullback...looking for a higher low
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guspenskiy13 976 posts msg #120352 - Ignore guspenskiy13 |
6/2/2014 10:49:56 AM
Thanks for sharing Kevin.
So it makes about 66% per year with re-investing?
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