I only entered into the S&P futures once today, buying a pullback and attempting to inflict pain on the short sellers. The trade earned two handles on two contracts but once the sellers defended their territory, the land north of 1645, I backed off the action and simply observed.
I had a trigger right at the open to go long, but I was distracted buying weekly calls in NFLX and LULU. They’re both about flat currently, and I have the distinct feeling I may take some heat before these trades can play out.
I closed out that aching ACHN position, it could still pull off a Hail Mary bounce recovery, but I really don’t feel like sticking around to find out in this overall choppy tape.
I took a 1/3 scale in DANG up here near recent swing highs.
Now I’m essentially sitting on my hands, waiting for the market to play out.
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congrats on a most honorable trade in $DANG
Indeud sir, thank you for directing my eyes to it.
I still hold 2/3 but as we say, bread has been placed on the table.
Very Patrick Bateman-esque music selection.
I’m going throwback by digging through my record crates.
Sometimes / often sitting on your hands is the best play.
It stings the hands much less than slamming them in a door