- The stock market opened higher, came back some and continued higher in the afternoon. The market was lead by technology and banking stocks. Alphabet (GOOGL) was the bigger winner as it followed with the other FANG stocks, but never went negative like Amazon and Netflix.
- Alphabet opened up approximately 8 points and all of the FANG stocks were near the top on their stochastic indicators. Once again you could have bought Call options in the first few minutes on the pull back near where it opened, then sold when it peaked around 10am.
- The bigger buy was when it came back near where it opened around 10:40am and the indicators including Amazon and Netflix where down indicated they were going up. I made good money using this strategy buying Call Options on GOOGL with a strike price of 1130 and selling near the top from 6.55 and out at 13.19. I should have put my limit order for 14, but wanted to make sure I kept my profit.
Thursday, July 5, 2018
Thursday Market Went Up
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Profits Only, Please!!!
I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...
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I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo... -
I would like to own the job title of day trader. To be a successful day trader, you must focus on keeping your losses small and letting you...
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I typically narow in on one or two stocks daily to profit from options. I feel it is best to know a stock so good that you recognize patter...
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