Galt's Gulch

Discussion in 'Journals' started by redbaron1981, Jul 6, 2015.

  1. Ok cutting this one right here @ 211.94.
    #41     Jul 16, 2015
  2. -$0.09
    #42     Jul 16, 2015
  3. samuel11


    I have been waiting for a long setup too for a few days but I really don't see any good entry.

    I am naturally impatient, so it's tough in situations like this. At least you only took a 9 cts loss.
    #43     Jul 16, 2015
  4. The thing what I find is that when I get a good entry it is generally not where most people would be entering. A great example of this is Thursdays trade. No one would like to be buying into a steep sell off like that however if your not using the chart Thursday had all the signs of a great position for a long entry especially once things get moving and the shorts start to get squeezed. This gives the trade good upside potential.
    #44     Jul 16, 2015
  5. I am quite pleased I exited when I did. Looks weak today and may even trade into the gap. Will be monitoring but most probably will trade next week.
    #45     Jul 17, 2015
  6. Still hunting but the bullishness that I was talking about earlier is beginning to wane an I am not overly confident on how well a long from these levels would do. I nearly got long earlier at 212.30 but did not have all the the confirmations that I like to have before pulling the trigger.
    #46     Jul 20, 2015
  7. Just got long @ 212.60
    #47     Jul 21, 2015
  8. I am bailing. With an open this ugly it could get worse. The buying I was picking upon literally disappeared the minute I got filled.

    Out @ 212.3 for a $0.30 loss.
    #48     Jul 21, 2015
  9. Long SPY @ 206.61 Long ANTM @ 151.04 Long EXPR @ 18.00
    #49     Jul 27, 2015
  10. Covered all just now prices to follow.
    #50     Jul 28, 2015