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  1. S

    long term position trading -primarily etf's-

    Hi Swift, No need to feel sorry for my loss-it happens-part of trading-I'm venting a bit-and publicly sharing .I'm not looking for sympathy- I'm posting this loss as a measure of personal accountability and perhaps some reader will find some benefit in my mutterings. There are a lot of people...
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    long term position trading -primarily etf's-

    Karma perhaps- or lack of understanding the keyboard....Likely only my own "view' settings- similar to ignorance in understanding the possibilities in the market's reaction today. this points out the thinking that understanding the larger environment is more important than the technical s...
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    long term position trading -primarily etf's-

    I got my Arse kicked today- as my positions filled as the markets started higher- and then turned South. I still do not know what caused the directional turn lower- but the major indexes all lost ground- My biggest loser was TQQQ which stopped out for a -5% loss PJP and XBI were the...
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    long term position trading -primarily etf's-

    The Fed spoke today, Finally raised a .25 basis point- and moderate language going forward. the wires of the puppeteer are well exposed- and the Tide is incoming- Markets moved higher across the boards- The expected Rate increase was declared along with dovish forward guidance. The...
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    long term position trading -primarily etf's-

    Sunday 12.13.15- Outstanding Weather +70 degrees mid December!- I don't understand all the Ruckus about this global warming- ready to fire up the grill!-Had a great spicy dog at Lowes today with sauerkraut- While I DIDN'T SPEND ANY TIME FOCUSED ON TRADING OVER THE WEEKEND- Did...
  6. S

    long term position trading -primarily etf's-

    Friday (12.11.15) found the major indexes all selling off at the open- Crude prices dropping on oversupply- one reason- Some major restrictions in giving redemptions- in some funds- Getting testy out there- I had time to take a snapshot during am break as my positions were stopped out. I had...
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    long term position trading -primarily etf's-

    12.10.15 TRADE NOTES- What i like about this trade: This was actually a Real time trade as i had the opportunity during the later day to see what was occurring- This is usually not available to me . Fortunately, I have a usually demanding day job - but had some down time - and after a few...
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    long term position trading -primarily etf's-

    following the 1 day market rally, prices have declined the last 2. Today -12.9.15 after 3 pm- I added a position in qqq & Hack on what appeared to be a n attempt to reverse some of the selling. Chart is a fast 5 min chart of the q's- As I got some intraday screentime -late afternoon break-...
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    long term position trading -primarily etf's-

    Actually, it's been over 1 year since i started this journal and i certainly haven't proven anything except that I can take some losses without going on Prosac! Certainly it's time to consider some modifications- means and methods.... Following up on Thursday's chart of SPY- and the subject...
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    long term position trading -primarily etf's-

    fOLLOWING UP- While I wasn't aware of what was causing the across the board weakness Wednesday- other than the dollar-that day- I closed my positions in the afternoon-At 2 pm- Shootings in Cal potentially added to the unknowns of what was out there- Terrorists? HERE? USA? I can't help...
  11. S

    long term position trading -primarily etf's-

    12.2.15- I was not aware at the time that there was a terrorist-type threat occurring in San Bernandino CAl at 2 pm ET where a gov't facility was targeted and at least 14 people were killed by 3 gunmen. At this moment, It appears that the gunmen have been killed/captured- but there has not...
  12. S

    long term position trading -primarily etf's-

    !2.2.15- gains evaporated on today's market decline-Had about 50% green earlier in the day, and everything turned south except UUP- I took all positions off except UUP- Will take 3 days in this account for cash to clear again.
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    long term position trading -primarily etf's-

    A 15 MINUTE CHART -ATTACHED . Taking this chart by itself- and throwing volume onto it-tells a mixed story- Volume can open and have a strong higher close and sell-off the next day-Or, have a sell-off low close confirming the bearish sentiment- Only to rally higher the following day. It would...
  14. S

    long term position trading -primarily etf's-

    I failed to include the candlestick chart along with the Renko chart of AGN.
  15. S

    long term position trading -primarily etf's-

    I had some time to view AGN on different charts today- I have been including volume as a chart component - and I am not a fan of volume-in terms of making a trade decision- I am still inclined to believe that the concept of waiting to enter a trade only once it has been confirmed by...
  16. S

    Why can't I pull the trigger?

    You are very fortunate to have a father willing to fund your return to trading for a second time at bat- I think you already posted your own answer in this initial post - Don't sweat what everybody else thinks that you are flaking out - You have to have confidence in what you are doing...
  17. S

    long term position trading -primarily etf's-

    Market stayed relatively flat again today- pre Thanksgiving Wednesday. Probably also a light volume week overall. A number of things could have shook the markets this week, but did not - Turkey shot down a Russian Jet and that continues to be a focus of concerns- possibly will increase...
  18. S

    long term position trading -primarily etf's-

    Apparently the market was lower today in the AM and managed a recovery of sorts. Terrorism still a focus- Russians lost a plane over Turkey- Oil gained. French and US agreeing to fight ISIS- Saw a slight gain in PJP- & defense ITA- almost 1% in Hack but decline in XLF, and q's flat. Did not...
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