[aby1818]

Teddi, sorry for the delay, I waited, because the problem seems to went away. I just want to be sure before responding. I no longer have any issues with the links. Thank you. Alvin

[aby1818]

I just sent email to tech support.

[aby1818]

Teddi, spoke too soon, not working. I do not use VPN, I am always logged in on your site, yes, just once. Do I need to email support again.

[aby1818]

It is still doing it. I just emailed tech support. Thank you. Alvin

[aby1818]

Hi Teddi,

Thanks again for reviewing. I’ve been thinking about how to answer this question shortly. The best response I can give is that I was exiting at the first sign of trouble without using solid technical analysis while in the trade. The second the candle turned red I’d exit. I also put too much emphasis on the premium during my trade, for example, the second I saw myself taking a small loss, I’d exit without considering that there were no real technical indicators causing me to exit the trade. I was too afraid of taking a big loss. Readjusting my mindset during trading is something I’ve been trying to improve on. I’ve done a little better since Monday. Trying to improve on the weaknesses mentioned before and it’s been working, still working on it though. Today (9/14) for example, we matched on your trade 1, same time (10:31) and price even! However, rather than staying in the trade, I exited at 10:32 for a small profit because the prior whipsaw action in the early morning influenced too heavily my decision to exit. Your commentary today was super helpful. I’ll be focusing on how close the candles in my favor are to touching the 5MA in order to stay in my trades a little longer.

Thanks,
Alvin

[aby1818]

Hi Teddi,

Here are my trades for today. Looking forward to hearing your thoughts

Thanks,
Alvin

Attachments:

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[aby1818]

Hi Teddi,

Yes, that does. Thank you. Let’s see what we get today.Have a good trading day

Thanks,
Alvin

[aby1818]

Teddi, thank you. Alvin

[aby1818]

Got it. Thank you. Alvin

[aby1818]

Teddi, thank you. Alvin

[aby1818]

Teddi, thank you. Alvin

[aby1818]

Teddi, thanks, your right, it’s not a trade I want to enter. If I should decide on a selling a call, I should be doing credit call spread, after earning to see where we are going, plus shorter expiration. What was I thinking? Thanks. Alvin

[aby1818]

Teddi, thank you. Alvin

[aby1818]

Teddi, thank you. This has been a bad market for me. I am stuck holding and not trading, just mainly rolling, hanging in here as best I can. With gas prices continue to go up, I just don’t see inflation slowing down. Alvin

[aby1818]

Teddi, thanks for response. I will have more questions, as I think this out. Long put out to 9/22 are so expensive. Any suggestion on how I should handle that? Alvin

[aby1818]

Next year at 145, not bad. I have order to roll my 160s to 150s, next year, at breakeven, and 165s to 155s, next year, at breakeven too. I will probably need a 20 point move to get that roll. If I get a 20 pt move, most likely, I would cancel my open order and see how it plays out. If I get assigned, I would sell the stock immediately and sell the 150 or 155 puts out to 1/23. I didn’t think it would tank like this. This is just one of many puts I have that is underwater. I will have margin call on Monday. I will probably need to close out some put and take some loss and hang in here with the rest I like DIS, the different line of businesses. It is just a horrible feeling.

[aby1818]

Hello, I was wondering what you end up doing today. Alvin

[aby1818]

Just an FYI for those interested. I saw this, but I am not able to confirm:

President Vladimir Putin. The government in Kyiv must recognize the “people’s republics” of Luhansk and Donetsk and Russia’s sovereignty over the Black Sea peninsula of Crimea, the Kremlin announced in Moscow. In addition, Ukraine should be demilitarized and given neutral status, according to a statement in a phone call between Putin and Venezuelan President Nicolás Maduro.

If that is true, could be a starting point.

[aby1818]

Teddi, can you give us some insight on how the market will act on what is happening in Russia with Ukraine. I am also open to any opinion any members may have. I do wish all people of Ukraine well and be safe in this difficult time. Thanks. Alvin

[aby1818]

Yes, I guess Ukraine still want to get into NATO. Volatility will be with us. Thanks. Alvin

[aby1818]

Thank you. Alvin

[aby1818]

Teddi, there is a rumor that Ukraine will not seek to join NATO, to avoid war. https://www.bbc.com/news/world-europe-60370541.amp Alvin

[aby1818]

Teddi, yes, it was for intraday trade.

[aby1818]

Teddi, thank you. Will look at placing those trades. Alvin

[aby1818]

Teddi, when selling calls when I have the short put. Do I do a credit call spread or just sell a naked call. Would I need additional capability when doing the call? Thanks. Alvin

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