Swing/Position Trades

Discussion in 'Journals' started by dgabriel, Mar 13, 2002.

  1. trade4me

    trade4me

    Liking FLIR here for a short, with a a stop of 46. Countertrend rally over the past couple month hopefully stall near the 20 and 50 ema which are in the 42 area. Longerterm this could be forming a massive head and shoulder top.
     
    #311     Jul 31, 2002
  2. If you are keying off that set up your trigger is the top of the trendline, which is about where your stop is, or at a break of support, still several points away.

    It does look like a big picture H&S.
     
    #312     Jul 31, 2002
  3. sorry,had a bad chart, trendline top is around 43
     
    #313     Jul 31, 2002
  4. trade4me

    trade4me

    My swing on this has a somewhat longer time frame so I am using a little widers stop. If closes near the low today, I think the counter trend rally that its been in the last month could be done. JMO
     
    #314     Jul 31, 2002
  5. Selling 1/2 position Rydex 500 Titan fund at today's close.

    1st position: 8.84
    2nd position 6.84
    Average price 7.84

    price as of this morning 8.18
     
    #315     Aug 19, 2002
  6. RYDEX SP-500 1/2 position sold @ yesterday's close 8.56 + .82

    Holding RYDEX NDX from 11.16 +.73
     
    #316     Aug 20, 2002
  7. ENCHANTER

    ENCHANTER

    IS ANYBODY IN HERE ACTUALLY MAKING MONEY, IF SO, HW MUCH PER YEAR ON AVERAGE AND FOR WHAT AMONT OF TIME :confused:
     
    #317     Aug 25, 2002
  8. SOld 2nd 1/2of Rydex SP 500 8/22 @8.80 +.96
    Sold all of Rydex Naz 100 at Friday's close 11.50 + 1.07

    Those were the position trades on the Summer selloff and rebound, about net 9%.

    Should have scaled out of the Naz fund because it dropped almost 8% on Friday.

    Today, long JCOM 23.05
     
    #318     Aug 26, 2002
  9. Long RYDEX 500 Fund at double speed. 1/2 position at Tuesday's close 5.93 and 1/2 position at Friday's close 6.47, average, 6.20

    Long Rydex Fund Naz 100 at double speed 1/2 position at 8.63, Friday's close.

    Long VZ at 35. Was late by 2 pts, 33 was the entry, but a move to 40 seems likely in the next month. Look at the chart, huge volume to cut through base 10 days ago, shrinking volume pullback this past week, and expanding volume catapult on base breakout Thursday, Friday.

    % breakdown for this account: 25% in Rydex SP, 12.5% in Rydex Naz 100. 8.5% in VZ. Remainder in cash.

    Stops if 776 on SP is broken on a closing basis in the next 2 weeks. If not trailing stops played by ear.
     
    #319     Oct 12, 2002
  10. Sold RYDEX funds today.

    Titan 500 @ 7.21 +16.29%
    Velocity 100 @ 9.90 +15.87%

    Holding VZ
     
    #320     Oct 18, 2002