Thank you for share your work Dev. You sound like a very experience trader. I am impressed that you also were short for 2/27 Crash. That was such an exciting day. I was so happy to see the Dow dropping out of control like an Anvil out a 20 story window. I cannot wait for the follow up soon which should be even more fantastic than the original. I am making a list of all the smart traders that predicted the 2/27 Crash and were short so that I can follow the future calls of these experts since I am still a novice and would like to learn from the masters. I am adding you to my list Dev.
Thanks
-Greg
Well thanks, but be warned,... my port-a-folio...in honor of ike,...is no where near it's highs of last year.
I've struggled lately, comparatively speaking,... my 10-30% gains per quarter have turn into about a 20% loss for this quarter.
Last year was really really good for me,... this year sure as I thought I would NEVER EVER have a losing quarter ever again, I got Zapped.
Knowing that this trading game is more of a MENTAL game of focus than anything. I'm sure I can see clearly
again and now going after and taking smaller gains. That's what's always worked for me .
Know we ALL have good signals,...but we don't always trust them,...and then sometimes there are just Human
mistakes made, so I try and trade less when I'm not ..."feeling" it or performing up to my own standards!
At this time,...thankfully, I've just worked my way back into the zone.
That dam 1m mark is just so allusive,.. 875 then bam 750 and struggling then back down to 700!
But if we can again keeep some volatility going,... it should only take a couple of singles and a double,...
to get back in the game.
I'm sadden that these daily and weekly ranges don't even compare to those of the late 90s and into 2003 so
it is a bit challenging to pick up on a 5-10% day trading the leveraged NDX both ways in a day.
Till then ...Trade Smart !
lisa,
Thanks for your inputs. I would like to ask you if were you short on 2/27 for that Crash? You said that Crash one comes from oversold conditions, but 2/26 was not oversold and the Crash came the next day. What is different now from then?
Thanks
-Greg
Qid
If I may suggest you do some digging into some older posts,...and charts, that may have been shared in the
two days leading up to the Feb 27 down move,... then take whatever charts/signals etc and compare those to todays.
I'll try and post some of my own work looking at,.. then vs now,.. a little bit later, but I'm looking forward to what you find.