$SPY #Options – Day trading calls 12/6

INITIAL ENTRY:

FIRST HALF PROFIT:

CLOSE OF THE DAY:



(Click on chart for a larger view)

$SPY #OPTIONS – Day trading puts – 12/02

A fast and furious drop-down day…

INITIAL ENTRY:

FIRST HALF PROFITS:

CLOSE OF TRADE:

ONE MORE TRY:

$SPY #OPTIONS – Day trading calls – 11/26

Truly a grinding day as one follower on Twitter so aptly noted, but at least managed to escape with a small profit.

ENTRY

BREAKEVEN STOP

REENTRY

FIRST HALF PROFITS:

FLAT:

$SPY #OPTIONS – Day trading calls on 11/25

ENTRY

FIRST PROFIT:

CLOSE OF DAY TRADE

$SPY #Options – Day trading puts 11/21

A rather tiresome day as the SPY chopped to a small profit with two stops at breakeven.

INITIAL ENTRY:

STOPPED:

REENTRY:

FINAL EXITS:

$SPY #Options – Day trading puts 11/19

Initial Entry:



First Exit:

Breakeven Stop:

$SPY #Options – day trading calls 10/15

The market context for these trades is outlined in this post – #MarketTiming – the NYMO low above a low. It is in place.

ENTRY:

FIRST HALF PROFITS:

CLOSE OF TRADE:

All Twitter time stamps are Pacific time.

PLEASE NOTE: None of the entries in this blog should ever be construed as investment advice or trading recommendations. They are presented solely for entertainment and educational purposes, and to record trading activities for my own personal trading journal.

#MarketTiming – $NYSI $10K stock trades

Long-term breadth (the NYSI) turned up Friday giving a buy signal for the open of the market today.

As suggested in this link #MarketTiming – the NYMO low above a low that was expected and would be necessary to have a chance for a rally. Today’s trading was sloppy sideways, probably just digesting last week’s gains, and although the NYSI did decline it stayed in positive territory.

If there is further weakness, there could be a whipsaw, but we’ll see when we see…

In the meantime, I expect more follow through to the upside.

In this link: #MarketTiming with $10,000 to trade I thought I’d sometimes address trading on limited capital — for the fun of it, for entertainment here and for anyone with limited capital.

The late great Kennedy Gammage of the Richland Report and for many years the keeper of the McClellan Oscillator flame, once wisely said: “Buy when the market tells you, sell when the stock tells you.” If I may, I would add to that “Also buy when the stock tells you.”

If one has but $10k, one needs to study up and pick stock favorites that have the ability to move with the market. Most stocks do move with the market but obviously some move better than others.

Today on Twitter I posted some Day-1 results selected by from my own bellwether stock list as examples of buying with the market as measured by the NYSI either turning up or turning down. Although, $10k readily computeS to a percentage gain or loss, I’m stating those gains in dollars gained or lost.

Clicking on the charts here will display larger chart details on Twitter.

THE WINNERS:

AND ONE LOSER TO SHOW NOTHING’S PERFECT:

$SPY #Options – day trading calls 10/11

These trades are based on this strategy:

#Options – Buying Calls and Puts

And this context:

#MarketTiming – the NYMO low above a low

INITIAL ENTRY:

FIRST HALF PLUS 50%:

SECOND HALF CLOSE OF THE TRADE PLUS 46%:

All Twitter timestamps are Pacific time:

$SPY #Options – Day trading calls – 10/10

INITIAL ENTRY:

FIRST HALF OFF:

CLOSE OF DAY TRADE