S&P 500 Forum & Chats (FRED:SP500)

34 minutes ago

Lots of hedges coming off the vix for it being lunch.

37 minutes ago

Definitely institutional buying during lunch... too much volume for retail.

1 hour ago

since 11:40am EST there has been two large DP sells of 71 mil on spy. At 561.17. I think averaging out \ taking profits. No where near the DP buys from before 10am - 12 trades from 70mil to 88mil all at 561.17. Still bullish?

billionaire_guru

1 hour ago

Not an investment advice, but I bought SPX 5630P expiring today. Price is getting rejected by EMA200 on 15M, and I expect a major downfall anytime soon. I am trading against the trend, so I am ready for any unfavorable situation.

billionaire_guru

1 hour ago

Quick suggestion to everyone: If you have a small account (less than ), then you are not able to do more than 3 trades in 5 trading sessions/days. To remove this restriction, you can convert your margin account to a cash account, and the PDT restriction will no longer apply to you as long as you have a cash account. I thought of sharing it with you in case you are not aware.

billionaire_guru

2 hours ago

Good morning, traders! Day 2 of the #AprilChallenge ($500 to $5000).

Previous day quick summary: Lost $208 on the first trade and made $2110 on the second trade. The initial balance was $514 + $100 (to balance fees and taxes). The ending balance was $2724.

IMPORTANT NOTE: My account is larger than this amount, and I have some open positions simultaneously. I am only using an initial balance of $514 to complete this challenge. As of now, taxes and fees are not included in the initial balance or P&L.

04/02/2025

Initial balance : $2724

Capital to invest today: Not more than $600 for each trade and not more than $1000 all day today.

Maximum loss capacity: $500

Profit target/expectation : Anywhere between $600 and $800

Max. trade : Only two

Let's start the #AprilChallenge (drumroll). Share your progress below if have joined this challenge. Thank you!