13 replies to this topic

[kinga200]

I will add margin on follow through.

 

[attachment=24132:RVX.png]

 

[attachment=24133:IWM_135.png]

 

[attachment=24134:IWM_Support.png]

 

 

We are going to see 2008 lows, if not lower eventually.

 

[attachment=24136:SPY_like_2008.png]

 

 

[fib_1618]

I will add margin on follow through.

 
Watch your discipline.
 
Fib

[kinga200]

 

I will add margin on follow through.

 
Watch your discipline.
 
Fib

 

Yes your right.  Ill be honest, the possiblity of US joining the Negative Rate club I most likley will not use margin.

 

But my monthly model for SPY and the levels my indicators are is telling me we see 2008 lows again. But I dont trade on the monthly.  Only 30 Min and 135 Min.

[fib_1618]

I've always found that the worst trading I've ever had was when I was excited because my trade was going as I expected.

 

A good thing? Yes. However, you tend to stop looking around for an exit, and then you wind up emotionally trapped.

 

Better to add on the counter trend move then in the middle, or possibly the end, of an impulse.

 

Just let money flow be your ultimate guide...it will never fail to perform to your expectations.

 

Fib

 

 

[kinga200]

I've always found that the worst trading I've ever had was when I was excited because my trade was going as I expected.

 

A good thing? Yes. However, you tend to stop looking around for an exit, and then you wind up emotionally trapped.

 

Better to add on the counter trend move then in the middle, or possibly the end, of an impulse.

 

Just let money flow be your ultimate guide...it will never fail to perform to your expectations.

 

Fib

 

 

Very well said Fib. I try my best to follow my system and stick to it, but you are spot on here.

 

Best to you.

[mss]

I have noticed a lot of "It is going to rise, full speed to new highs, forming a base-bottom, etc" but have seen VERY little facts to suggest these statements are well founded.  

 

BUT, maybe I am missing something. IF you are day trading and very good at it you have gotten rich, however-------

 

Hay Fib. how is the rag business and did you say spring/summer skirts were longer? FOX news appear to be getting shorter

 

Best to all,

mss

[brucekeller]

I still think this is not going to compare to 2008 in the slightest. That was an epic bear market. 2000 was too, especially for the techs.  I don't doubt a huge bear will come, but this might be one of those tinier bears.  Some sectors have been in huge bear markets for a long time. That's why commodities might be an okay place to look to make money. But I think flattish from here wouldn't be out of the question for equities, while sectors rotate and whatnot.

[kinga200]

I have noticed a lot of "It is going to rise, full speed to new highs, forming a base-bottom, etc" but have seen VERY little facts to suggest these statements are well founded.  

 

BUT, maybe I am missing something. IF you are day trading and very good at it you have gotten rich, however-------

 

Hay Fib. how is the rag business and did you say spring/summer skirts were longer? FOX news appear to be getting shorter

 

Best to all,

mss

 

Hi mss,

 

If I am trading soley on my 30min system it can open and close the same day.  If I have entered a trade on my 30 min system and the 135 Min trend is strong I will have my exit based on my 135 Min system. I dont day trade on purpose.

 

FOX does have some very attractive women on their team.

 

And after following you over all these years, I know you have made nice coin.!!

[mss]

 

I have noticed a lot of "It is going to rise, full speed to new highs, forming a base-bottom, etc" but have seen VERY little facts to suggest these statements are well founded.  

 

BUT, maybe I am missing something. IF you are day trading and very good at it you have gotten rich, however-------

 

Hay Fib. how is the rag business and did you say spring/summer skirts were longer? FOX news appear to be getting shorter

 

Best to all,

mss

 

Hi mss,

 

And after following you over all these years, I know you have made nice coin.

 

I made a dime or two. I no longer day trade and most of my dimes were in IT trades where I got really good but it took too much of my time. I old and want to enjoy myself so most of my trades are I/L T . I started going short on 8/20/15 and have been selling and shorting various things. Started long in Gold in Nov. added Silver in Jan and am 80% of funds allocated to that at the present.

 

Have a great weekend and remember --IF WE BREAK 1800 two days in a row 1600+/- is next most likely.

 

Best to you,

mss

[kinga200]

And I feel we will see 2008 if not lower.