Submitted by Alarming_Math1254 t3_10q7f9x in wallstreetbets
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VisualMod t1_j6o9kkh wrote
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VisualMod t1_j6o9l8o wrote
The market is currently down, so I would recommend selling your positions.
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Alarming_Math1254 OP t1_j6o9q4p wrote
Sp500 and Nasdaq 100 short future / futures options — waiting for market to pop ahead of fed announcement
Alarming_Math1254 OP t1_j6o9se3 wrote
Will exit then re enter when at session low
Alarming_Math1254 OP t1_j6oa2n3 wrote
Need MES to drop down to 4015 and MNQ under 12k before getting out of the shorts
ldecline t1_j6oak0u wrote
why do you use a fuckin hashtag?
Alarming_Math1254 OP t1_j6oaphg wrote
Idk felt good at the time, regretting it now after internet stranger hurt my feelings …
ldecline t1_j6ob11r wrote
Post it on insta instead
BertAnsink t1_j6obj6u wrote
Why use micro futures instead of the real deal?
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Ie -52 MES you could do -5 ES.
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-550 MNQ you could do -55 NQ.
Alarming_Math1254 OP t1_j6obtmq wrote
I go in and out of the positions incrementally (kind dollar cost averaging I guess) to get a better entry/exit prices
[deleted] t1_j6oc636 wrote
[deleted]
Popular_Section_5304 t1_j6ocfue wrote
smells of a paper trading account...
cmsd2 t1_j6oeru7 wrote
so about 14mm notional just on the futures, and a 1% move against you will use up all that excess liquidity? seems brave
Alarming_Math1254 OP t1_j6of6h7 wrote
I see a profit taking ‘pop’ happening toward market close … better to be early than late. My goal is to be out of this position before 6am tomorrow
jr1tn t1_j6ogti4 wrote
Have to say that is a pathetic comment. Especially when the OP is losing $50,000 +. Poor taste.
monarchmra t1_j6oo4f9 wrote
What the fuck is a stop loss?
wiggz420 t1_j6ooip5 wrote
you can still do that with minis lol
Alarming_Math1254 OP t1_j6oolab wrote
To be fair I don’t know why it’s reading like that … I captured a $70k gain - and as of 1 minute ago had -$50k unrealized so my daily is +$20k
Alarming_Math1254 OP t1_j6op7tf wrote
It’s what I am accustomed too and I find I tend to get a better price point that way… idk maybe it’s all in my head
wiggz420 t1_j6opcwy wrote
commission is eating into you at that size..... just trade minis instead
Liquefy8275 t1_j6ope5z wrote
you are highly regarded
Alarming_Math1254 OP t1_j6oqcu6 wrote
Alarming_Math1254 OP t1_j6or67p wrote
I’m going to set my pride aside, and say you’re right after I just checked how much my monthly commissions totaled.
wiggz420 t1_j6oran1 wrote
you need better entries if you are averaging down that much that's all.
Liquefy8275 t1_j6ot6aw wrote
you good fam?
Alarming_Math1254 OP t1_j6otmgq wrote
I still have faith it’s popping
Alarming_Math1254 OP t1_j6ottsw wrote
Still have another ~$50k of excess equity before I start winding down
Liquefy8275 t1_j6p1u4r wrote
it will pop
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