Recent content by Crewmen

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    My first Journal

    Been gone for a few days and see that today we will adjust our stop on TWGP.. Placing alert on VASC for a possible long.
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    My first Journal

    Dude why even waist your time posting sumfin as stupid as that?
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    "Scaling out" is inferior behavior

    Thanks for bumping this thread up...
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    My first Journal

    Well this week was not that great. I think I messed up by scaling out of FCX. Well I followed my plan and looking back I still think I made the right decision as I thought we might be getting ready for a nice drop. My OSG trade really hit me in the butt pretty good. Amazing how just one loss can...
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    My first Journal

    Today we took TWGP long @ 32.62 with 1R at 348.72. Position size is 197 shares and stop @ 30.86. We are looking for 34.38 as initial target. Stops will be adjusted off close only if position moves in our favor.
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    My first Journal

    Well we took a full 1R loss on OSG. Moving stop in FCX to 80.45. Oh well we can't win them all.
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    My first Journal

    Well did not see today's action and notice FCX did more in our favor and so we will now adjust stop @ 78.64. Our short in OSG is not going well and so stop still in place from entry. I've not looked into any opportunities for tomorrow as I'll miss the action again. This weekend I plan on going...
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    My first Journal

    Well leaving OSG stop as is and moving FCX stop @ 75.43. I could have got more out of this but followed my plan and sold near target. Still got a small position or 1/2 left. I won't be near my screen tomorrow and do not have any opportunities tonight to speak of. Where we go from here is...
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    My first Journal

    Took 95 shares of OSG short at 73.70 risking 346.65. Stop at 77.37 and will adjust should price move in favor off end of day. Looking for 1R at 70.03.
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    My first Journal

    1R reached in FCX sold 1/2 position.. WNR long over 49.93 in wait mode here.. Possible short setting in OSG DLLR
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    My first Journal

    Well missed the entire trading day and will adjust stop on FCX. I’m putting stop in now at 72.63. This now reduces risk on position to 47.24.
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    Crash 40% Down, In Two Weeks

    I’m not really a good market predictor, as it shall do what it does. I do however notice a negative divergence in stocks making new 40-day highs. This chart shows the green line showing the divergence. Yellow is S&P500 and Red is just the RS of the 40. It does flag a caution signal to me and...
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    Can you believe, someone published my trading system, SO ANGRY

    No you’ll be fine because it is your sys.. You trade it you know how it behaves in good times and bad. Heck the website is full of guru’s selling the ultimate system for 5k. Those who buy it think it is the grail.. Not true another problem is most will not stick with any one system long...
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    Can you believe, someone published my trading system, SO ANGRY

    In all reality you could give your system to 10 traders and I bet all ten would have different results. In fact I bet a few would do poorly. Unless your system is fully automated.. Too much emotion involved.. I bet if 10 people on this site got in a stock at the exact time and with the same...
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    My first Journal

    Test to see if I can post attachment file.. edit: Ok I think it works.
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