MFI dropping fast, when it hits oversold we get a bounce. My gameplan is to take the easy money, flip my puts on open and take teh rest of the day off.
Trade closed manually:
Flipped my puts on open, only made $2.5k, but that's not bad considering I got 100% return since yesterday afternoon. My usual plays, EWW, EWZ, and GM paid off.
When the market drops, foreign ETFs drop more than US because their currency drops too. EWW dropped 1% on currency alone.
Despite the fact that I post US futures, I haven't traded US futures or index options in a while. The return sucks.
When the market drops, foreign ETFs drop more than US because their currency drops too. EWW dropped 1% on currency alone.
Despite the fact that I post US futures, I haven't traded US futures or index options in a while. The return sucks.
Comment:
Guessing the EUros dump again so probably whipsaws today with a pump in the afternoon because it's Friday
Comment:
WHipsaw day as promised, I have a dentists appointment coming up, so I'm done. Staying all cash.
Looked at SFIX and BYND and didn;t pull the trigger, would have been nice to pick up anotehr grand but I wussed out
Looked at SFIX and BYND and didn;t pull the trigger, would have been nice to pick up anotehr grand but I wussed out
Comment:
There's teh Friday afternoon pump, lol.