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Having a GREAT day so far. Up almost 2% in my account mostly off of NSC and CENX. Both of these are performing VERY WELL. Despite losses in GDX these MORE than made up for it. Also slight winners so far in JBLU and SRPT. I have a FULL 1.25% risk position in SRPT so will not be buying more...

Moved Buy GDX stop to $22.67

Bought 0.75% Risk position in JBLU @ $23.07. Stop at $22.44. Price Target = $27

Added to SRPT at the open at $34.36 with 0.25% risk of account and raised stop to $32.77.

Thanks Van Zandt. Not sure how much longer I will posting such detail or even at all on this Journal. When I was doing it I realize that it takes me about 8x longer than if I just do it for my own personal trading Journal. I will be taking a vacation mid week for the next 2 weeks so my posting...

Exactly. THAT is why Win Rate is so important. Because the lower your win rate the more STREAKS of losses you have and more potential drawdown. People mistakenly think win rate is all about profit but it's really about LOSSES and capital preservation. Yes you can have a wildly profitable system...

Also notice the forming Head and Shoulder top formation of the TLT,...also adding to the S&P continuing HIGHER analysis. We will see what happens.

My TA shows more evidence of LIKELY continued volatility this week and mostly sideways or downward movement in the market in general. I think this again will shake out weak longs AND weak shorts. THEN,...I suspect we will see new highs later this month. See below for the TA reasons. Daily...

Question: You pick up the coin for the very first time and flip it.....what is the chance of heads or tails??? 50% right..? Now what if I told you that someone else flipped that coin 10 times before you. Did their flips impact yours? NO Your analysis of streaks is just saying that it is...

A few observations,...not trying to be too harsh but some things I noted come to mind. 1) trading with only $27K is probably a BARE MINIMUM to start trading I would recommend at least $40K and preferably $100k. You suggest although do not say that this is your entire account given the way you...

Just a brief review of my trading for the last 2 weeks since start of Journal. So far so good. Since the first trade was placed on the Friday prior to starting the Journal we will start with 6-23-17, where the S&P closed at 2438.3 and today closed at 2425.18 for a net LOSS of 0.54% for last 2...

This is true. I expect volatility to pickup a bit. I will try to reevaluate this target this weekend. As expected market bounced a bit here. I made up most all of yesterday's losses today and no stops were triggered today. Still a short term SELL on my charts for S&P and QQQ but these could...

So yesterday was a bit of a shakeup as I expected and mentioned last weekend. I expect a bit more in the coming few weeks. I had a short term SELL signal on the S&P yesterday and QQQ had it on the 29th. So some damage was done to the charts but I would expect a bit of a shakeup and not full on...

Oh,...LOL. Yes I am familiar with that one. Yes I think its important to match trades with the sectors strength. But more importantly I try to find strongest sectors or sectors that are heating up and then find the strongest stocks within those sectors. If I think some stock is too risky I...

Yes ADX line looks good as well as SCTR. But I am not familiar with IBB. What is that?? Do you mean Bollinger Bands??

LOL....I have never actually spent much time on that site. I did look at all the trades in this Journal and interestingly enough they all match my current trades. I SWEAR,...I did not get my ideas from this site. Kind of funny.

So today I lost a little of Monday's gains but so far so good. SRPT is UP 1.1% in the after hours. This chart looks like it's about ready to launch. If I were being critical of my entry I would say I truthfully should have entered on Mon when price was in the low $34 range but I chose to stay...

Added 0.25% more to SRPT. Full 1% risk position now. LONG @ $35.07 with stop still at $31.45. Average price for LONG position is now $35.26

SRPT back down a bit below entry price. Will watch closely but keeping stop where I stated above.

Will post one more trade because I have been watching this one for quite sometime. SRPT = LONG @ 35.32 and Stop Loss $31.45. Will update charts later. Trade was filled about 1 hr ago.