Posts Tagged ‘clf’
Still Short After All These Hours
Still short the 2x funds, TZA, EDZ. I sold out of TYP and some TZA today panicking thinking I was wrong, but thankfully kept it all in other accounts. Then at the precise moment that the market decided to go red I bought IWM puts. I sold near the bottom which basically made my day …
What I’m “Long Of”
I’m 75% long the 2x $NDX and $RUT funds plus these positions. Check out my Chart.ly stream.
3 Concepts That Made Me A Better Trader
1. Price is the decider – You hear Dennis Gartman saying if price is moving from the lower left to the upper right you want to be long. In a good market, its that easy. In a bad market reverse that concept. Once you understand the concept of a trend and how to tell if …
Market Explodes Upwards, My Accounts Follow
With the markets flopping back to the upside in a very nice make up session for all the back and forth action lately, my positions did very well today. Recap 100% long $NDX, $RUT 2x funds. X, X Calls Dec 48 & 49 CLF Calls Dec 70 (made up a ton of loss right on …
How I Lost Money This Morning
It was late last night I was watching the futures +67 on the YM and me being heavily positioned long I was happy. I wake up this morning and it all evaporated. Then the whole morning deteriorated. I tweeted: “Same as last week…stocks opening below S2 into an oversold play…usually leads to significant bounce in …
