FAS / FAZ / Daily Discussions / Archives / 03-30-2012 / Monday, October 3, 2011

Topie: Monday, October 3, 2011
October 3rd, 2011 09:46 AM
membar In FAZ @ 65.46, SL 62.84, PT 66.32
October 3rd, 2011 09:49 AM
membar
Quote:
membar wrote:
In FAZ @ 65.46, SL 62.84, PT 66.32

Ding.
October 3rd, 2011 09:50 AM
membar
Quote:
membar wrote:
Ding.

If anyone's listening, should I attempt another scalp at EOD or call it quits for today?
October 3rd, 2011 10:38 AM
membar NFLX looks like it's popping. I grabbed a bit at 119.79 and it went down on cue immediately afterwards.
October 3rd, 2011 12:22 PM
membar
Quote:
membar wrote:
If anyone's listening, should I attempt another scalp at EOD or call it quits for today?

In FAS @ 10.16, SL 9.75, PT: 10.29
October 3rd, 2011 12:33 PM
membar
Quote:
membar wrote:
In FAS @ 10.16, SL 9.75, PT: 10.29

Ouchie.
October 3rd, 2011 01:24 PM
allen314159 Bought some November OTM calls (4.2% of account). Willing to risk a little here.
October 3rd, 2011 01:33 PM
membar
Quote:
membar wrote:
Ouchie.

That hurt. I probably better stop this nonsense for awhile.
October 3rd, 2011 01:49 PM
membar
Quote:
membar wrote:
NFLX looks like it's popping. I grabbed a bit at 119.79 and it went down on cue immediately afterwards.

Out at 114.15. Not a good day today.
October 3rd, 2011 02:47 PM
membar Lordie.
October 3rd, 2011 02:48 PM
allen314159 Yeah, I bought my calls early.. but it's cancelling my SPXU. Still a significant down day for me though.
October 3rd, 2011 03:12 PM
membar
Quote:
allen314159 wrote:
Yeah, I bought my calls early.. but it's cancelling my SPXU. Still a significant down day for me though.

Sorry.

In FAS @ 9.61, SL 9.42 PT: 9.73

Breaking my rules of max. two trades per day.
October 3rd, 2011 03:17 PM
membar
Quote:
membar wrote:
Sorry.

In FAS @ 9.61, SL 9.42 PT: 9.73

Breaking my rules of max. two trades per day.

If I get stopped out again, then I'll stop scalping for now.
October 3rd, 2011 03:24 PM
membar
Quote:
membar wrote:
If I get stopped out again, then I'll stop scalping for now.

Stopped out. I'm through scalping until further notice. I was better at respecting my stops this time around, but still suck at it.
October 3rd, 2011 03:25 PM
allen314159 Have you backtested FKOS 0.23?
October 3rd, 2011 03:27 PM
membar
Quote:
membar wrote:
Stopped out. I'm through scalping until further notice. I was better at respecting my stops this time around, but still suck at it.

Now FAS is going to rally EOD. Should have waited 'til 15:30 like I said I would.
October 3rd, 2011 03:27 PM
membar
Quote:
allen314159 wrote:
Have you backtested FKOS 0.23?

I haven't, but given that one day where FKOS 0.23 got stopped out only to climb 21% towards the end of day, I doubt the backtest would be worth it.
October 3rd, 2011 03:28 PM
membar Here we go FAS - fly to the moon now that I've been stopped out. It's 15:30.
October 3rd, 2011 03:29 PM
membar I hope Bulldog still isn't holding his FAS from $24.
October 3rd, 2011 03:33 PM
allen314159
Quote:
membar wrote:

I haven't, but given that one day where FKOS 0.23 got stopped out only to climb 21% towards the end of day, I doubt the backtest would be worth it.


Geez... why do you keep harping on that?

Where's FAS now? Did FKOS beat FAS long?
October 3rd, 2011 03:50 PM
membar
Quote:
allen314159 wrote:
Geez... why do you keep harping on that?

Where's FAS now? Did FKOS beat FAS long?

OK - I'll crunch the numbers tonight after Yahoo updates the historical prices. If I don't have an answer by tomorrow, remind me again.
October 3rd, 2011 08:05 PM
allen314159 Okay, I sim'd over the past year. Assummed $25k principal and $10 transaction fees. Assumed fractional shares, but I don't think this affects things much (makes volatility a little higher).



Looks like FKOS 0.23 is beating FAS long (primarily due to saves during the US downgrade debacle), but both are down big time.
October 4th, 2011 01:59 AM
membar You might want to put the above in the appropriate thread in the strategy section. I'll put my results there now.