Comments on: Technical Analysis Of Stocks, Bonds, & Commodities 5-22-24

By: seasix

seasix — Thu, 23 May 2024 14:26:40 +0000

In reply to rsotc. yes we know, you're daytrading and thus can't post positions. Which also means the 45 min videos have marginal value because by the time you post them you may have already changed your positions. Also you "trade Ideas" section on the website is so out of date that it's useless.

By: rsotc

rsotc — Thu, 23 May 2024 14:20:08 +0000

In reply to Imadaytr8r. Congrats & thanks for sharing that. Something I should look into, at least for my tax-deferred account & I'd imagine others here might benefit from using that or any other options strategies that mitigate risk. In my primary trading account I mainly use futures due to the tax benefits (60% LT cap gains/40% ST cap gains, regardless of holding period). Thx again for sharing.

By: rsotc

rsotc — Thu, 23 May 2024 14:14:22 +0000

In reply to tychot.

RSOTC provides technical analysis & trade ideas. It is not a “follow me” or mirror my trades service. Among other reasons, because that is literally impossible. I have well over a dozen personal & family brokerage accounts that I manage, each many of the same but also many different positions. Even with the same positions, there a many different entry & exits points on the same positions, often scaling in or out. I also actively trade, including frequent day trading in my active trading account, making very frequent & often sudden trade opening & closings, quite often a dozen or more trades per day.

If the 38 minute detailed video on the gold mining stock trade ideas video wasn’t detailed & specific enough as when & why to short the miners, I honest to God have no idea how to better share analysis & trade ideas on that sector (ditto for any of the other videos & charts I post for trade ideas, which include objective entries, add-ons, exit points, etc..)

Wide open to feedback from others on this & will bring it up in the next video.

By: rsotc

rsotc — Thu, 23 May 2024 14:02:41 +0000

In reply to Beljrc. I'll LYK but I was too top-heavy in the grains & as I said, I left my /ZC & /ZS (corn & soybeans) longs on, just booking profits on wheat to lighten up in the grain, which tend to move together, with hopes/expectation that those other two might continue to play catch to wheat if it consolidates or corrects. Might even re-enter today.. will try to post an update on the grains later today.

By: seasix

seasix — Thu, 23 May 2024 08:50:21 +0000

short NVDA ouch! But “bets spread everywhere”…. but subscribers don’t know those bets. For some reason you can’t just say what current positions are.

By: Imadaytr8r

Imadaytr8r — Thu, 23 May 2024 04:52:58 +0000

Hey Randy, thanks again for your analysis and keeping it clear our trading strategy is our responsibility. You’re entitled to your opinion and bias. On a day like today the risk is high without hedges and or stops. I prefer a Batman strategy using Butterfly Options with defined risks. I scalped a quick $300 today during the last 75 minutes on the SPX bounce from the obvious overreaction of the FOMC minutes. I don’t make it a habit buying CALL Butterfly options 75 minutes before they expire but it worked out today! Since we’re in ATH Land for both NVIDIA and SPX I decided to study how they correlated during the last blow out quarter for NVIDIA and set my Batman Butterfly’s accordingly for tomorrow and Friday. A week or so ago I had an overnight gap land right on my strike at the open! Was the fastest 10x return on an OTM 3-DTE Butterfly Option in my life! I risked $80 and made $800 profit! Tomorrow’s GAP up may yield $1400 this time, we’ll see. If it had gone the way of your preferred direction then my PUT Butterfly would be in play! It’s a win-win! I figured with all BIG AI developers announcing huge CapX spending in their guidance’s NVIDIA was going to blow it out again, and they did! The 10 for 1 split sure doesn’t hurt either! Thanks again for all your analysis!

By: tychot

tychot — Thu, 23 May 2024 04:48:18 +0000

ROTC, I note you have completed 2 videos of 77 minutes duration without a new objective action. I do not think your following could find this productive.
You also issued one notification on GDX that it could become objective short. This is also Not productive; we do not have time to go through all this ‘maybe’ material.
Can you not simply segregate your notifications as follows:
1) Notification of objective buy or short and related sell or cover. Short and sweet.
2) Notification of your percent exposure, your profit OR your loss as the case maybe
on the trade above after it is completed
3) Provide the Newbie videos with philosophy, education and histories separately
From the downloads you will see who is watching each of the above.

By: Pokey2014

Pokey2014 — Thu, 23 May 2024 02:27:42 +0000

In reply to Mikeflegel. Ouch. It’s up big after hours

By: Mikeflegel

Mikeflegel — Wed, 22 May 2024 23:50:13 +0000

In reply to Pokey2014. Exactly... The two thirty let down almost had me fooled. But Randy's caution.Comment about shorts save the day. Go in v d a.

By: Pokey2014

Pokey2014 — Wed, 22 May 2024 23:39:29 +0000

In reply to trade0039. I think the trade was to go long NVDA when it had the intraday pullback today.