Having a GREAT day so far. Up almost 2% in my account mostly off of NSC and CENX. Both of these are performing VERY WELL. Despite losses in GDX...
Moved Buy GDX stop to $22.67
Bought 0.75% Risk position in JBLU @ $23.07. Stop at $22.44. Price Target = $27
Added to SRPT at the open at $34.36 with 0.25% risk of account and raised stop to $32.77.
Thanks Van Zandt. Not sure how much longer I will posting such detail or even at all on this Journal. When I was doing it I realize that it takes...
Exactly. THAT is why Win Rate is so important. Because the lower your win rate the more STREAKS of losses you have and more potential drawdown....
Also notice the forming Head and Shoulder top formation of the TLT,...also adding to the S&P continuing HIGHER analysis. We will see what happens.
My TA shows more evidence of LIKELY continued volatility this week and mostly sideways or downward movement in the market in general. I think...
Question: You pick up the coin for the very first time and flip it.....what is the chance of heads or tails??? 50% right..? Now what if I...
A few observations,...not trying to be too harsh but some things I noted come to mind. 1) trading with only $27K is probably a BARE MINIMUM to...
Just a brief review of my trading for the last 2 weeks since start of Journal. So far so good. Since the first trade was placed on the Friday...
This is true. I expect volatility to pickup a bit. I will try to reevaluate this target this weekend. As expected market bounced a bit here. I...
So yesterday was a bit of a shakeup as I expected and mentioned last weekend. I expect a bit more in the coming few weeks. I had a short term...
Oh,...LOL. Yes I am familiar with that one. Yes I think its important to match trades with the sectors strength. But more importantly I try to...
Yes ADX line looks good as well as SCTR. But I am not familiar with IBB. What is that?? Do you mean Bollinger Bands??
LOL....I have never actually spent much time on that site. I did look at all the trades in this Journal and interestingly enough they all match...
So today I lost a little of Monday's gains but so far so good. SRPT is UP 1.1% in the after hours. This chart looks like it's about ready to...
Added 0.25% more to SRPT. Full 1% risk position now. LONG @ $35.07 with stop still at $31.45. Average price for LONG position is now $35.26
SRPT back down a bit below entry price. Will watch closely but keeping stop where I stated above.
Will post one more trade because I have been watching this one for quite sometime. SRPT = LONG @ 35.32 and Stop Loss $31.45. Will update charts...
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