Member
Posted 14 September 2016 - 08:16 PM
Monopoly is a low turn over setup...it is great in finding the turns...but the problem is when it does, it is a lone wolf...so very difficult to believe and execute the signal. Imagine moving from long to short on Oct. 26, 2007 or from short to long on Mar. 18, 2009...assume a 7 figure portfolio...
At what point does that actually trigger a sell? It looks close as of 9/12... has it confirmed a sell yet as of today?
Edited by K Wave, 14 September 2016 - 08:17 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 14 September 2016 - 08:41 PM
Monopoly is a low turn over setup...it is great in finding the turns...but the problem is when it does, it is a lone wolf...so very difficult to believe and execute the signal. Imagine moving from long to short on Oct. 26, 2007 or from short to long on Mar. 18, 2009...assume a 7 figure portfolio...
At what point does that actually trigger a sell? It looks close as of 9/12... has it confirmed a sell yet as of today?
As noted, it is fully hedged at the moment. Need more time/or deterioration in price to expose short side [An update will be posted as soon needed].
Hedge got in place within 1.5% of ATH. So nothing to worry. Ideally (80% chance) we will see a close near ATH before next down draft...20% of time downfall continues...
Almost everyone thinks we are going to breakout...is a worry...
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
Member
Posted 15 September 2016 - 03:29 AM
Well, so the question I would ask to anyone partecipating in this thread, is the following :
1) what is the spx position you would take now ?
2) what is your stop loss ?
3) what is your target ?
4) how long are you planning to stay in your position ?
forever and only a V-E-N-E-T-K-E-N - langbard
Member
Posted 15 September 2016 - 05:28 AM
Well, so the question I would ask to anyone partecipating in this thread, is the following :
1) what is the spx position you would take now ?
...Neutral...as disclosed...
2) what is your stop loss ?For short..trend line that connects recent tops since ~218.60...for long.. Exit if Monopoly issues a formal "Sell"
3) what is your target ?...none...just follow the setup...
4) how long are you planning to stay in your position ?...as long as the system says...
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
Member
Posted 15 September 2016 - 08:30 AM
...I ask a question and just one replies to me telling he wouldn' t take position.
Well, I asked a bad question, I suppose. No service vendors (and everyone else) replying to the question ?
forever and only a V-E-N-E-T-K-E-N - langbard
