From your lips.

nice job. LPTH looks ready to roll over

You should short before this happens, if that happens it is the time to leverage long as much as possible.

I was talking about that in the previous trading thread before it got closed. I didn't buy that little oil rally, I felt there was still tremendous downside left. That's why I was a bit surprised by the timing of Brian's HOS buy. I want to buy it also but I fully plan to buy it at $7.xx.

I am definitely hurting a bit on everything I own right now...

I love how many people you pissed off with your HOS predictions, who actually went out of their way to mock you - and you were spot on. Their misplaced certainty cost them a small fortune.

As for Apple, it's one stock I have a terrible track record predicting it on anything longer than a day or two. I make money scalping it short term but medium to longer term (which I don't trade) a lot of people have a better record than me.

The market will determine most things in the short term, since both it and Apple are linked to China's economic prospects quite strongly (China is a big part of the Apple growth thesis).

The only thing I know for sure is that I don't know! I have played around with fade strategies and the problem is, is that you never know when the breakout will come. Part of my scalping outside of the system sometimes involves these kinds of trades though. With a shorter profit fade strategy it exemplifies the problems of juice and slippage where the fat tail trade diminishes that aspect. Often neither the breakout or the fade trade work by breaking out far enough to sink the fade and reversing fast enough to sink the breakout.

A trade I sometimes use in choppier times as an add on is what I call a quick hitter. It is simply the same breakout trade but with a short target while letting the original trade run. It can either increase or decrease variance but has a slight +ev.

By trading more different markets I find it can sometimes increase daily variance but decreases weekly and monthly variance. At this point I am happy with my strategy and results and am in the "if it ain't broke don't fix it" mode.

i bought some hos at 8.70 on the 17th and sold at 10, re bought a bit today, theres lots of room to move both ways and im prepared

Not having a good day today but for this trade I closed out on the spike over $70. Name has been really kind last few months when I've been in.

This HOS obsession is hilarious, so many names to play in both energy & the market but you guys keep choosing a perpetual loser. Just don't get it, I guess this forum likes to light $ on fire.

care to name some then? basically everything energy related is getting destroyed at the same pace

In on HOS at 8.06. Lets do this.

Don't own any Canadian oil & gas companies, but wcp is starting to get tempting.

Taking all my AAPL off the table for now too, will look to re-short back closer to 103-105. Rolled down my spread a few times since $115 so pretty pleased.

How about the 2 majors in CVX & XOM? Outperforming the sector by a substantial margin with healthy dividends that have zero chance of being cut.

for sure those are good names, but they dont have x bag potential like hos, they're far more safe

LOL HOS is dead $, get out of here with that "x bag" nonsense. Reinforces the idea that many of the people that post here are morons. In the two years it's been pumped it hasn't caught a bid once, it's literally one of the worst possible performers. What more evidence do you guys need? Literally EVERYONE who followed that tip is under water, why would it be different now? Because the valuation has gotten cheap? LMAO believe what you want, price is telling you all you need to know.

"Far more safe" LOLOL is that a problem in this market?

Stopped out of a couple losers on the recent leg down in BA, FB. Trying to stay as much in cash as possible.

Need to improve on dumping the names that aren't working quicker, holding on too long.

yet i cover at 99.5 ... what an idiot i am...

also covered lnkd puts early,, covered MON right on time, and still short DNB puts and stock


so only positions

short lnkd (stock) , short DNB (stock, puts)

nice trades.
i'm short googl and MCD right now.

i'm seriously considering picking a up a miner like SLW or ABX for a medium-long term hold. possible bottom here or could be just a spike on the recent volatility.
anyone have a favorite in the industry they would like to share?

Hard to argue with this depth of analysis.

Not to take away from your gains, but passive can also be defined as trading a small account relative to your net worth, otherwise, I don't know how it's possible for someone to stomach 10-20% swings in their net worth on each swing trade.

How long do you hold trades on average?

Also, if your flash crash trading and KBIO cancelled eachother out, are you saying that you made your money in non-outlier gains? If so, how much return do you make per non-outlier trade?

in Canadian oil and gas outside of Suncor, I keep a pretty close eye on ARX and CJ (Cardinal energy).

My portfolio is actually holding up remarkably well. I probably should have cut PIRS and RYLP (which sucks because they went from winning trades to losers), but really all the rest is doing well. Kept a ton of cash, I'm short the S&P, and the rest hasn't been impacted by the move down. I decided to buy nothing today and watch the close. That 188-190 range for SPY is where I have a big decision. I felt comfortable deploying some new money around there and seeing if the level holds. Strikes me as a really important support level in all this. Welcome criticism of the plan, that's 90% why I share it.

You can go as deep as you want domer to justify the investment, I don't really care how much free cash/debt they have honestly. Doesn't change the fact it's been oversold on every MA for 2 years+, I guess the street doesn't get it & 2+2 does. You are basically betting on oil bottoming & we've seen how well that's turned out. Why I'd rather own the "safer" majors.

What does safety have to do with anything? Are there retirees in this thread that people are forcing at gunpoint to invest in a company?

If I was seeking safety, I'd dig a hole in my back yard and bury my money.

Chastising an investment after the fact is the most worthless of posting, and your "analysis", such as it is, amounts to "it has gone down, therefore it is dumb to invest in it."