Posts Tagged ‘wlt’
Don’t Overthink It
When I say don’t overthink it, I’m talking to myself. That is what I did on Friday heading into today. I gamed the system. Not a good idea to do so. Held that bouncing bias all day until the market tanked at the close. So even though putting on shorts at the close would appear …
Just Some Thoughts
I’m looking for the market to move higher. However, I’m not getting married to this. The trend is down, but based on my experience looking for the market to move and then cause a long signal, and then it will actually be a SHORT signal. Market does this type of action after a “complete screwover.” …
Long CLF, WLT
I wanted to do more, but held back. I’m playing CLF with June calls and a WLT June call spread based on an oversold trade. Again these are trades. I’m mostly in cash and these are speculative, but high odds pattern trades. Materials/Energy is oversold and these are ideal bounce plays. I kept the index …
A Nice Trading Day Today
What I’m doing now is creating a morning post and then just commenting under that post all my trades for the day. Its kind of like twittering my own posts. I’m finding it easier to do it this way. Today was a flat market, but I was out trading like a banshee raking in gains. …
Market Moving Back Up
We are finally getting the move I’ve been waiting for. Unfortunately its from a lower level than I anticipated it would start from. However, its possible because the move was exacerbated to the downside that we may see more of a stretch upwards than your typical bounce JUST so that things equalize. The VIX and …
