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#11 CLK

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Posted 08 April 2019 - 12:02 PM

GDXJ looks good with about 10,000 shares, too bad I can't afford that.



#12 CLK

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Posted 08 April 2019 - 12:05 PM

Only options that I've found to be ok to hold are 9-12 months out.  Close dated often lose 25% overnight in decay, losing battle.


Edited by CLK, 08 April 2019 - 12:13 PM.


#13 robo

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Posted 08 April 2019 - 12:08 PM

45 degree moves are good for scalping, nothing else, so sick of those.

The buy programs just suck up every dip....  I wasn't always a VST trend trader...  I made lots of changes to my trading system based on the current market,  and I will not fight these buy programs. Banksters, Buy Back, etc.... No need to try and pick a top.  It doesn't even get my attention until I see the 2 hour sell signal... 

 

The 13 EMA blue line needs to move under the orange histogram bars before I even think about a VST short position....  The buy programs got this for now....  Waiting, watching and I remain long....  VST trading some VXXB, but making no money so far...

 

https://stockcharts....901&a=657033717

 

Good Trading!

 

I want to point out I trade only plain vanilla shares at Vanguard. That means I can move out and back in very quickly at no cost to me....  The trades are free with no decay. I can see it's much harder for you trying to make guesses on what the market will do next using a decaying type trade...

 

There will be time for those, but for now it's my opinion one should be very NIMBLE for several reasons I track.

 

Good Luck with that Brother.... 


Edited by robo, 08 April 2019 - 12:13 PM.

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#14 CLK

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Posted 08 April 2019 - 12:14 PM

Yeah, often the signal though is right where they countertrend on you, before the real drop.



#15 robo

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Posted 08 April 2019 - 12:27 PM

Yeah, often the signal though is right where they countertrend on you, before the real drop.

BT it for yourself and see where you would have bought and sold on my 2 hour chart.... The daily has remained long (trending up) for many weeks now, except for the quick pullbacks which I sold and the bought those shares back ...  Remember, I can trade free, as often as I want with no decay. The 13 EMA above the 2 hour histogram below. There were not many whipsaws. 80% of the time the market is trending and the current trend is up Brother. I will not make as money as you, but I use very high Risk/Management tools.

 

https://stockcharts....858&a=657472888

 

Good Trading.

 

Daily -  VXF was only below the 13 EMA several days....  It's the only index I trade....

https://stockcharts....794&a=657474219


Edited by robo, 08 April 2019 - 12:33 PM.

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#16 12SPX

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Posted 08 April 2019 - 04:08 PM

 

45 degree moves are good for scalping, nothing else, so sick of those.

The buy programs just suck up every dip....  I wasn't always a VST trend trader...  I made lots of changes to my trading system based on the current market,  and I will not fight these buy programs. Banksters, Buy Back, etc.... No need to try and pick a top.  It doesn't even get my attention until I see the 2 hour sell signal... 

 

The 13 EMA blue line needs to move under the orange histogram bars before I even think about a VST short position....  The buy programs got this for now....  Waiting, watching and I remain long....  VST trading some VXXB, but making no money so far...

 

https://stockcharts....901&a=657033717

 

Good Trading!

 

I want to point out I trade only plain vanilla shares at Vanguard. That means I can move out and back in very quickly at no cost to me....  The trades are free with no decay. I can see it's much harder for you trying to make guesses on what the market will do next using a decaying type trade...

 

There will be time for those, but for now it's my opinion one should be very NIMBLE for several reasons I track.

 

Good Luck with that Brother.... 

 

Although as I've said selling out of the money options loves the decay as they lose their value!!  



#17 12SPX

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Posted 08 April 2019 - 04:20 PM

Only options that I've found to be ok to hold are 9-12 months out.  Close dated often lose 25% overnight in decay, losing battle.

Amen brother love it!!  Sounds better than it is though as I always sell out of the money options but has been good over the years.



#18 CLK

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Posted 09 April 2019 - 08:51 AM

They may still go for 2840, looks the same kind of top. Nobody wants to be the bag holder at new highs, hence the selling, not buying.

 

 

https://invst.ly/ahmjd

 

 

The writing was on the wall, unsustainable angle of ascent. 

 

https://invst.ly/ah-f8


Edited by CLK, 09 April 2019 - 08:52 AM.


#19 tradesurfer

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Posted 09 April 2019 - 08:59 AM

class C bearish divergence between DJIA and MACD