09/01/2015 Live Update

[MrMiyagi]

Yo where's MrMiyagi?
SPY p-bar at 197.69, somebody has a dream...

Raise you a penny.

spy

qqq

[QED]

Added back 50% of the TSLA day trade shorts. Same stop = 246. This time targetting LOD

All out of TSLA day trade shorts at break even pretty much. Not liking 5m/15m buying pressure

Unique, what indicators are you using to determine the 5m/15m buying pressure?

Your daily commentary and guidance are appreciated! Thanks!!!

.

[Unique]

Added back 50% of the TSLA day trade shorts. Same stop = 246. This time targetting LOD

All out of TSLA day trade shorts at break even pretty much. Not liking 5m/15m buying pressure

Unique, what indicators are you using to determine the 5m/15m buying pressure?

Your daily commentary and guidance are appreciated! Thanks!!!

.

I didn't like TSLA 5m/15m at the time cuz I was partly scared of the ES quick triangle squeeze up + we were trying for TSLA 15m 8ema squeeze.
Turns out my initial target and stop was correct, just didn't follow through my plan correctly. It happens.

[Cobra]

vol surge, so should be a rebound here first then we'll see.

[Unique]

Yo where's MrMiyagi?
SPY p-bar at 197.69, somebody has a dream...

Raise you a penny.

1594.png

1595.png

No fair, I rounded down!!!! 196.6978

[fehro]

SPX * Added red channel 5m

[Unique]

Since BullBear52 is on vacation? Here's a crystal ball SPX chart...

[gappy]

Just in case you missed it.

Capture.PNG

[Trades with cats]

Where is Kuroda San? If they don't turn this thing the carry traders will be unwinding.

[Unique]

TSLA Swing Position:

Added another 50%, full size now. Will wait for 228 target - around 10 sessions to hit. 249 is my stop for the initial 50% position.

As always, safety first seatbelts on!

Can we get a nice bear close?

[Unique]

SPY 3.3M shares spike, anyone confirm? Trying for sticksave?

[gappy]

Zoomed in..15 minute.

Capture.PNG

Coppock flat. ok...back to the plow for me. Good hunting Cobration nation.

[MrMiyagi]

Hey terrific.. RBC platform down.. bravo asses, bravo..

[Unique]

Hey terrific.. RBC platform down.. bravo asses, bravo..

Do they give you like really low commissions or something? I'm surprised you're still with TD webroker + RBC...switch to TD active trader/thinkorswim/IB/questrade??

[MrMiyagi]

Do they give you like really low commissions or something? I'm surprised you're still with TD webroker + RBC...switch to TD active trader/thinkorswim/IB/questrade??

No, their commissions are the same as TD, unless you trade over 150 transactions a quarter, then they drop to $6.95. Options are a little cheaper at $1.25 per contract plus the $9.95 commission.

[fehro]

SPY 3.3M shares spike, anyone confirm? Trying for sticksave?

got up to 5m

[Unique]

Do they give you like really low commissions or something? I'm surprised you're still with TD webroker + RBC...switch to TD active trader/thinkorswim/IB/questrade??

No, their commissions are the same as TD, unless you trade over 150 transactions a quarter, then they drop to $6.95. Options are a little cheaper at $1.25 per contract plus the $9.95 commission.

If you trade a lot of shares/options contracts/large account size then you can negotiate with TD active trader.

[MrMiyagi]

[
If you trade a lot of shares/options contracts/large account size then you can negotiate with TD active trader.

RBC has in the past dropped my commissions when I was 100 trades+ for the quarter. I think they are just about the same, it's just a hassle to switch.

Questrade has similar prices, a bit cheaper, but when you write naked options, you have to leave the cash in margin as cash. With RBC, it is OK to put it in a money market style fund that pays 1.25% or so interest, better than a sharp stick in the gonads.

[fehro]

now lunchtime is over.. bouncy bounce? still looks a tad weak..

[Cobra]

mini rebound target. exceeds it then bears are over for today.