Search results

  1. S

    long term position trading -primarily etf's-

    Going to work a few hours late this am- new granddaughter's arrival had us getting in very late -Woke up at 9:40- good to get to sleep in... PJP sold this AM $79.86 2 minutes into the open on a stop loss I set there last night- Looking at prior declines following a period of momentum...
  2. S

    long term position trading -primarily etf's-

    PJP- I set a tight stop for 30 @ $79.90 and a limit BUY for 30 $76.90. Price appears to be at a momentum peak high. However, it closed at the low of the Daily bar- The 2 hr chart shows it declined after the opening bar. I will see if I capture the $90.00 on the stop & limit repurchase on...
  3. S

    long term position trading -primarily etf's-

    On the 2 hr chart, XBI's decline was sharp- . Pulling back off an all-time high and selling off while the market rallied. Entry price was $228.84 - this time around- . I could raise the stop to cover my entry- but that is too tight- Instead, I'll see if the trend line holds , with a stop...
  4. S

    long term position trading -primarily etf's-

    Wouldn't it be nice to start Rich? And to be able to Stay Rich! Wouldn't it be nice to not give back as much of the profits from winning trades! Expectations do need to be grounded in realism.-I agree! LOL! Since i don't have the luxury of being Rich presently , and unless i pick a...
  5. S

    long term position trading -primarily etf's-

    While pruning some grape vines this 1st day of Spring, had some time to consider what different goals that people that engage in trading may have. Part of what prompted this line of thinking was going to the Betterment.com site - filling out the basic questionaire- account- and reviewing...
  6. S

    long term position trading -primarily etf's-

    A LOOK AT THE PAST 10 DAY PRICE PERFORMANCE XBI had the lead, but Friday's sell-off dropped it to a 4% gain. PJPis still up 6% over 10 days- SPY is up 1.85% over that same period.
  7. S

    long term position trading -primarily etf's-

    odd- HAD A COMPUTER GLITCH - OR FINGER TWITCH - Price performance charts were attached to a prior post, and not the one I was writing this Sat. Have to get back to the exterior chores- this Spring day in NC! In the post I lost I was trying to point out that outperformance may come at a...
  8. S

    long term position trading -primarily etf's-

    I saw an Add tonight from WWW.Betterment.com. on CNBC. It's a portfolio manager that reportedly uses it's model and diverse investment approach with low cost passive funds - It uses many of the funds sponsored by Vanguard- It offers rebalancing & wide portfolio diversification with an...
  9. S

    long term position trading -primarily etf's-

    As i got home before the market closed this pm- Everything was in rally mode- It seems that the market has taken the FED speak to mean that rates may not be raised too sign, the dollar has given back & some decline- The market likes this scenario. Let's touch on sector-and segment...
  10. S

    long term position trading -primarily etf's-

    Biotech moved higher today XBI gained +2.75% That would be a 3.25% difference to the way SPY moved- In 1 day . PJP gained just 1% Hack +.14% same as q's. Spy was down -.46% Q's consolidated at yesterday's bigger move- up + .15%. Dow -.65% IWM- Russel 2000 -small caps - gained + 0.19% When...
  11. S

    long term position trading -primarily etf's-

    You are welcome- I hope some of this discussion would prompt others to also get more informed of what is behind the curtain in their company IRA's. I swung by our main office this AM and mentioned to the accountant/HR person that I would be moving the majority (but not all) of my funds- and...
  12. S

    long term position trading -primarily etf's-

    Wed- The FED spoke today-Took out the word "Patient" from their statement- the market's rallied- The US dollar declined , The Euro rallied - I just caught Bits and Pieces after hours- It is so much about the FED policy- Do we ever return to a stock Market- rather than a 'Policy...
  13. S

    long term position trading -primarily etf's-

    Moving assets out of the present company sponsored broker (Edward Jones) - there are a number of low discount brokers that are well established, that are not 'scams'- Vanguard Funds- TDAmeritrade, Scottrade, Schwab- all offer low cost solutions for the self-directed Investor- What...
  14. S

    long term position trading -primarily etf's-

    e today- waiting on the Fed tomorrow- My reply tonight- and monologue- exceeded the 10000 allotment- and it is simply too late to regroup. thanks for your post- i'll respond tomorrow
  15. S

    long term position trading -primarily etf's-

    Ok! , Thanks Both Xandman and Swift for your honest inputs- and feedback. My wife says the same thing about me BTW-LOL! Understand that as I now record highlights of my present approach-trades-, but also actively explore different method(s) , and some of the backtesting 'stuff' - It's...
  16. S

    long term position trading -primarily etf's-

    Thanks for your constructive comments Xandman- It may well be that this thread/blog is not particularly appropriate for most here on ET; There are many good active threads on ET for readers to select from, and they can certainly ignore this one- personal choice and all that. My postings...
  17. S

    long term position trading -primarily etf's-

    Trend traders perhaps prefer smoother trending periods, while volatility swings are for the more nimble day -short term traders. The SPLV 500 is the ETF that selects from the lower volatility funds in the S&P- When I think of the S&P, I incorrectly assumed that lower volatility Always means...
  18. S

    long term position trading -primarily etf's-

    Friday I was also filled on HACK buy-stop $28.20 and XBI 228.74 . As I reviewed the chart of Hack, several things come to mind- as they always do when the trade does not go as you anticipate- or hope for. Was this a valid entry? Or was it impulsive and too discretionary? Although I'm not...
  19. S

    long term position trading -primarily etf's-

    Back to current trades- On Wed I added 20 shares of Dug $57.05 to the 17 I had previously purchased $54.96 as a partial position. Total of 37 shares-getting close to a "full position". avg cost about $56.00 In placing the orders Wed morning- and trying to get out the door and headed to work-...
Back
Top