http://www.traders-talk.com/mb2/index.php?autocom=blog Community Blog List Syndication Sat, 13 Apr 2013 12:14:52 +0000 admin@Traders-Talk.com (Traders-Talk.com) IP.Blog 60 Gold Loses its Shine for Long Term investors

]]> Sat, 13 Apr 2013 12:02:20 +0000 All in on DJGSP! Tue, 29 Jan 2013 06:21:48 +0000 Moved to DJGSP. Fri, 25 Jan 2013 13:58:28 +0000 Thu, 24 Jan 2013 13:04:16 +0000 Learn more and download your 40-page report now >>]]> Wed, 16 Jan 2013 15:13:33 +0000
Sept 2012 = +0.146%
Oct 2012 = +1.373%
Nov 2012 = +0.014%
Dec 2012 = -3.101%

Like I said, I was distracting from trading my brokerage account (which I did well at first then terribly when I bought some options). I'm trying to get focused again. So far for Jan 2013 my account is up over 9% from last month and up 20% since June 2012. I'm haven't quite hit my target of 5% per month but maybe this will be the year.

I'm currently shorting the NASDAQ-100.

On a side note, I nearly lost all of my money in my brokerage trading account after earning more than 30% the first month. During the first month, I only traded a couple of ETFs which I bought and held a few days at a time. I got greedy and impatient and transferred 10x more money into my brokerage account and started buying biotech stocks, tech stocks, penny stocks, and then started buying (what killed me) options. I bought VRNG and it popped but I didn't sell. I managed to come out ahead anyways while averaging down. Since VRNG sued GOOG and won via jury verdict, I was expecting the judge to issue final ruling soon after and I bought too many call options with this expectation. Boy was I mistaken! Also the judge granted GOOG latches which threw VRNG legal team off guard and from there VRNG stock price just started cascading down. Since the options I bought expired worthless, I bought more VRNG stocks. I'm planning to hold onto these stock until final ruling from the judge. VRNG has also file suit against ZTE for patent infringement. Hopefully a settlement will come out of ZTE. That plus the GOOG suit will hopefully help me recover back to break even. If I find a chance to buy more VRNG (double or triple my position) I may do that and just wait a few months for results from these lawsuits. I would be looking to not only break even but maybe double my initial investment (that I lost on those options). But for now, I'm back to trading a few ETFs like before and trying to recoup my loss.
]]> Wed, 16 Jan 2013 08:10:17 +0000 S&P500 Weekly Hurst Cycles Analysis

This S&P500 weekly Hurst cycles analysis chart is from my free charts available at my Kennys Elliott Waves at Stockcharts free pages,

Decisively breaking the 9 month VTL gives us confirmation that the 9 month, 18 month and 4.5 year cycles have topped and the next low is due in 2013. You can learn more about the importance of the 9 month VTL in our JM Hurst Cycles analysis tutorial here...


Click here to View the Chart

]]> Wed, 14 Nov 2012 23:21:23 +0000 Forgot to update this for previous session... Added to long RUT at EOD on 09/26/12. Thu, 27 Sep 2012 21:46:32 +0000 Added to RUT. Wed, 26 Sep 2012 06:04:08 +0000 Closed RUT short position and move 30% to RUT long. Thu, 20 Sep 2012 20:06:18 +0000