Rando> That might have been a buy program about 5-6 minutes ago, almost 900K on SPY 1 min, not convinced... but if we see more of those quick spikes, they are probably buy programs.
We were forewarned, yes?
very true....this sideways crap is killing me...but on the other hand, it looks like serious consolidation, which could lead to a HUGE move next week....
The time period of the first 32 minutes from the open for me today.
Over trading 101 folks (well I make a ton of scalp trades a day but this is basically a trade every minute for 30 minutes straight which is a lot..... a lotttt of tradessss lmao)
btw this is a prop firm so it doesn't show strike prices here but these are options (^ = call, * = put and the 25P means it expires on the 25 of may) ~ and yes, I am scalping options like a mad man at the black jack table. to blow your mind again, the account balance for this account is at $3889 atm so I am buying options on margin. Came out with a profit today somehow but I know that I will one day be burned pretty freaking badly if I continue buying options on margin.
moral of the story is don't over trade. I have so many trades here that were a loss on commissions or sold for a loss that should have been a profit. not to mention I simply made too many trades here to understand what the hell was going on