Tilted Thursday :(
TODAY'S GAIN: -$6,850
My posted, REAL-TIME TRADES WERE BEYOND TRASH -- Today was one the of worst, most mentally grueling days of my entire trading career. I was incapable of doing anything right. FML.
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Piper's Picks
A BEARISH signal, 4/5 strength, was generated around 11:00am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades hit if held until close -- 4 total units!
SPY Return: +$16 (+100%) per $184 signal capital requirement
QQQ Return: +$14 (+100%) per $186 signal capital requirement
Total Return: +$30 (+100%) per $370 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 20 SPX 6,075/6,080 Call Credit Spreads (Piper Signal)
Trash -- My realized was $1,600.
Trade Two: 50 SPX 6,030/6,025 Put Credit Spreads (Piper Signal)
More trash -- My realized was $2,750.
Trade Three: 50 SPX 6,070/6,075 Call Credit Spreads (Piper Signal)
Guess what?! Even more trash -- My realized was $2,500.
Trade One Return: -$1,600
Trade Two Return: -$2,750
Trade Three Return: -$2,500
Total Return: -$6,850 (before fees)
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Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Both of these trades hit if held until close -- 6 total units!
Both of these trades hit if held until close -- 6 total units!
SPY missed & QQQ hit
The Trump-China-Trade announcement from the NYT knocked me out of my position. The CCS's were sold at $1.80/ea and I was forced to buy them backl at $4.40 -- This means my realized loss was $3,120 :(
The hedge did exactly what hedge plays are meant to do. It balanced me out! These PCS's were sold at $0.85/ea and expired worthless -- THIS MEANS MY REALIZED GAIN WAS $2,975!
