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@angrytrader very good post, thank you for taking the time to write it. I have no written rules but have learned over time what works and what doesn't. I know I should let profits run but sometimes I wonder if I could profit from only part of the ups and downs I would be so much more profitable...

Good point @deaddog, clearly it's not only a question of making some profit but of making appropriate profit or a profit in line with my expectations and clearly with the invested capital

Good point @wrbtrader, investing, trading, what is the difference? Frequency of trades? In the end the goal is always for everyone, earn a profit. It takes a week, it take 5 years, does it make much difference? Thanks, sm

Well, if and when this whole pandemic comes under control or is defeated economy and oil consumption will get back to "normal" (if normal exists) and with this also oil price. Thanks, sm

Not having another good moment to enter? Thanks, sm

Hello @angrytrader, not unexpected gains, I'm simply trying to refine my trading plan and clearly I'm trying as everyone to gain from the ups and downs of the stock market. I'm always tempted of taking some profit especially when there are large gains in a single day that I know will usually...

I believe the question here is not have a plan but having a good plan and a good plan is made up of rules you define and refine over time thru wins and losses. So I was trying to understand should there be a rule that says "if the stock market is overbought and some news or event causes the...

Based on the current gains of some of index futures, today the stock market will skyrocket and probably the stock market is already (highly?) overvalued. I always wonder, should you take profit on days like these or should you remain invested? Thanks, sm

Well, I was smart/lucky enough to understand this thing would end up affecting the entire globe and that damage to markets and industries would be vast. I started selling Friday Feb 21th and sold everything else still in profit on Wednesday Feb 26th thus saving all of last year's profits and I'm...

I complete agree but my question remains, if you were able to sell with profit when something like this is building up (and this is everything but just a correction) does it may sense to remain invested? Or would it be better to sell with profit, let the market move down and buy again without...

I was reading the following article and I must say I completely disagree with the author. https://seekingalpha.com/article/4331038-5-mistakes-i-wont-be-making-in-coronavirus-bear-market I see a few fundamentally wrong ideas in this article. The first is that once you sell, to reenter your...

@themickey I absolutely agree with you on msft being in a much better position to keep up the growth it's displaying. Anyhow my question was really about how are those PEs obtained having those prices and earnings and only now I realized that PE is really calculated on EPS not on earnings :)...

From tradingview's financials data I see the following Price MSFT -> 170.23 AMZN -> 2008.72 Net Income (FY) aka earnings MSFT -> 39.24B AMZN -> 11.588B Price to Earnings Ratio (TTM) MSFT -> 30.0769 AMZN -> 81.2760 Prices are latest, net income is on the fiscal year and PE is...

How should the AAII weekly sentiment be treated, as a contrarian signal? Thanks sm

They call it "trading bias" now But they once called it signal And this is how the signal (or trading bias) is obtained. They in other words suggest to do the opposite of what the majority of their retail traders are doing especially if traders are fighting the trend. where -2 means...

Yes, but notice that the signal they are giving already takes this into account considering that is always the opposite of what the majority of their retail traders are doing. Thanks sm

I understand now my fundamental misunderstanding, this report is just giving numbers on their own retail traders while I was thinking this was giving markets level snapshots of longs vs shorts. Thank you for providing the hint I needed to understand it. Thanks sm

Hi, I was evaluating the IG (DailyFX) Client Sentiment report at the following link h**ps://www.dailyfx.com/sentiment-report and looking at "Wall Street" (DJ30) h**ps://www.dailyfx.com/dow-jones and at "US 500" (SP500) h**ps://www.dailyfx.com/sp-500 I was wondering are shorts really this...

@Robert Morse where is the screenshot you provided coming from? Thanks sm

Interestingly sites usually say "n/a" but it's not correct that the information is not available or not applicable, it is simply not a finite number Thanks sm