On a related note, made lots of money on my weighted ETFs the last dtwo days. However, still nowhere near a buy or sell point. *waits patiently*
FINALLY sold a large position of weighted index ETFs that'd I'd been carrying for months today. I'm fully expecting price to continue upward btuw hatever, my sell price was hit today. I'm happy. A nice profit. Sorry for being a huge slacker and not updating this thread as much as I should.
Yes you have been a huge slacker but a patient, successful one. Well done! You've got to admire that kind of discipline. So pray tell us what did you see way back when that prompted you to take on such a large long position? FINALLY sold a large position of weighted index ETFs that'd I'd been carrying for months today. I'm fully expecting price to continue upward btuw hatever, my sell price was hit today. I'm happy. A nice profit. Sorry for being a huge slacker and not updating this thread as much as I should.
I trade long term in a similar way to how I was trading the ES intraday in this thread. As soon as the indexes start to retrace I'm going to do it again.
Fibs have never worked for me, tried everything with them and couldn't find anything that differentiate fibs from randomness.