Spydertrader's Jack Hershey Equities Journal II

That is one disaster for me. Bad fill too. Red for the month!

P.S. Nutri system skimmed me.

 

Here is my trading day according to my data...
I had 2 signals generated out of our list of 5 equities. SNHY at 10:01 am, (MACD negative and Stochastics low)
Then NGPS at 10:28 MACD Positive but Stochastics under 80 line)

I did not enter any positions today.

DCAI, NURO and TRGL failed to make signals.

Gooch87

 

My whole premise is that I was bullish on the S&P but it doesn't worth a dime for this drop. Now I am thinking my ES trading is safer than this. This certainly teaches me respect for the FRV and Ross rule (choosing between slow death and quick death).

 

Could be worse. You could have been Long CUTR.

- Spydertrader

 

Any news? or just a large sale that started a panic selling?

 

http://finance.yahoo.com/mp#cutr

News. See above.

- Spydertrader

 

I think the Peak volume rule is well placed even in cases like REDF. It signaled a temporary substantial pullback even on the way to 25% gain, grabbing a whopping 383% of a daily range.

 

Holy Jesus. I feel much better now Spydie.

 

FOMC Announcement in 30 minutes.

- Spydertrader

 

Shit....