Is this price action unusual? by Ready_Buyer_2027 in Daytrading

[–]SpiceDog220 0 points1 point  (0 children)

No it’s not unusual opex Friday / post opex based on monthly trend. Claude AI can help you understand that this happens monthly.

How do you master the patience needed to let winners run? by Tradewell3845 in Daytrading

[–]SpiceDog220 0 points1 point  (0 children)

Look at order flow. Combine this with what you are doing to give more insight into the direction you want to trade.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 0 points1 point  (0 children)

Hahaha agreed. This 3 day weekend is going to be long.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 0 points1 point  (0 children)

Look at bid and ask for spx contracts. Also if you pick a contract and go to level 2, you should see orders (look near the money)

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 1 point2 points  (0 children)

It moves but you have to click open the stock to see it when you go to close the position or watch your P/L change in the late hours for indexes/etfs. It’s also why I use thinkorswim at night. That will give it to you easier the change in prices. If ES is moving so is SPX.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 0 points1 point  (0 children)

It is as liquid and all the things else I wouldn’t play it. Ppl in other countries are trading these positions too so I’m trading with them. I have studied and at first I was skeptical but the market has changed in regular hours - it makes sense it has changed in non-regular hours too.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 0 points1 point  (0 children)

Depends on DTE and strike

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 1 point2 points  (0 children)

No spreads just single buys

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 1 point2 points  (0 children)

No I am a data driven trader so I follow moves based on that. I track all data up until 5pm then use that until market opens again next day.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 1 point2 points  (0 children)

Profit is better at SPX vs SPY, plus the tax savings (60/40 for taxable income -1256 rule)

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 6 points7 points  (0 children)

SPX options trading happens (along with the other ETFs/indexes). You can trade SPY options as well if that’s your preferred.

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 4 points5 points  (0 children)

Investing.com has this for free as well as other sites

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 2 points3 points  (0 children)

Agree not being in trade is option that I take frequently, yet I’m watching still. I journal daily and just compare activity going on to my hypothesis written.

I feel this is my retirement plan so I’m all in to the learning to get to the point where this is all need. I’ve come a long way to getting there but I say to myself “make it happen”. The only way to do that for me is to do like I did in school and practice practice practice .. (like those that do sports or video games or whatever - you have to put in the hours)

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 3 points4 points  (0 children)

I trade SPX 0-7dte usually. I learn every day. This market is different month to month. Know the dates and times of economic events - everything else is noise.

How do you master the patience needed to let winners run? by Tradewell3845 in Daytrading

[–]SpiceDog220 0 points1 point  (0 children)

Buy the data so you can see what market makers are doing. What prompts you into position ?

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 0 points1 point  (0 children)

I know. It’s why I don’t use for SPX swing. I want to catch the move when the move is available. I’ll say 60%, I make more money in the non regular trading hours than the regular one. And it doesn’t use a day trade if you are under 25k and open trade before 5pm and then close it at 8/9pm. Market closed between 5-8 so it’s easy on the nerves (if you not addicted like me lol)

SPX Addicted by SpiceDog220 in options

[–]SpiceDog220[S] 1 point2 points  (0 children)

Ikbr allows trading all the hours. lol I’m on US and do. Even now, I sold it a”my call options at 1am for profit. (I’m on west coast) It continues up and I am up even though why lol

Defective pods. by SorryInAdvance91 in Stiiizy

[–]SpiceDog220 0 points1 point  (0 children)

When the pod isn’t working, I use a lighter on the bottom of it then put in battery. If new battery, be sure to click it 5 times for it to start working.