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#1 NAV

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Posted 04 December 2017 - 11:22 AM

Bought the pullback at SPX 2654 with stop at 2650.


Edited by NAV, 04 December 2017 - 11:22 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#2 NAV

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Posted 04 December 2017 - 11:29 AM

I don't like the divergence between the SPX and QQQ. It's a mess. But i am thinking it will take a day or two for this momentum to dissipate. So bought this dip with a small stop.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#3 NAV

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Posted 04 December 2017 - 12:32 PM

Moved stop to 2652.5 now.


Edited by NAV, 04 December 2017 - 12:32 PM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#4 OEXCHAOS

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Posted 04 December 2017 - 04:33 PM

I was going to buy the 50-hour but I just didn't like the set up, so I passed. We weren't quite oversold enough there. Then, when we were, we were below and I didn't want to play without good support just underneath me.


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#5 NAV

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Posted 04 December 2017 - 09:43 PM

Mark,

 

Last 2 weeks there has not been any good setup for short term swing traders. Market has been moving in gaps. Final stages of Euphoria are always like that. The game here is risk control.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch