Posts Tagged ‘trading accounts’
My 2010 Trading Memories
2010 was sort of the “finally nailed down what I’m supposed to do” year. I spent the better part of the decade creating and participating in every system under the sun. Newsletters, trying out things like Elliot Wave, Fibonacci, Renko, other programmed algorithms, lots and LOTS of my own programmed systems with automated and manual …
Back To Cash, Nothing Has Changed Though
Cashed out of my 2x index funds which I got back into last Friday. Overall the trade produced some nice gains. I sold out of my IWM puts, TZA, and DRV overnight. I panicked a little in the morning and dumped my TZA and some DRV at profit in the premarket. Then took a loss …
What I Did On Friday, What’s Coming Next Week
The NDX charts demonstrates how I saved myself from eating a big loss. I got out on the gap up. The reason was the little gap up was showing me enough information for a weekly signal. I knew it had to selloff and that would give me the information I needed to make a decision …
The Good, The Bad, and The Ugly
Lets start out with the Ugly. – Dow down 800 points at the lows of the day. – New lows vs New highs were extremely lopsided – VIX, VXN both made new highs. Now the Bad. – We didn’t see capitulatory volume. – Market rallied way off its lows. – I had to eat 8% …
