Market looking ripe for a slight pullback, sold CMI, CTVA & WHD for 66.03 profit. Total profit this month 606.67.
Still holding RCMT & UCO which are much earlier in the launch phase.
This is my weakness - slapping singles instead of swinging for the fences. I also have a problem with losing...
Look at how tradable that was. Just obvious after the first flag.
Quote from someone who survived Argentina: "Buy anything - a car, an airplane, a gun, a clown suit"
And the "universe" of stocks found on the screener for consistent sales & earnings growth, positive profit margin, price above 50 sma, etc. Color coded, bolded, boxed and arrowed depending on the phase they are in. For entertainment value! :D
Corny joke, my bad.
Nice little blip this morning, third wave in the index getting ripe. All positions except UAN moving correctly.
*edit- sold UAN for 49.63 loss. Total closed profit since Oct. 1: 540.64
+40 UCO & 10 RCMT after the liftoff from the base
Trust me, it is still a danger, and I just recalled another problem that comes up after a few months of consistent wins. After steady gains I always change somehow and start getting reckless, taking tips, engaging in office talk, and completely lose my edge.
All this and more will be in the...
I'm seeing a pattern. Your more humble predictions have been pretty good, but the dramatic ones ("The Rocket") have been stopped out, assuming you're actually betting on this :D
Thanks everyone for helping me with my psychological problem and offering insights. I will be continuing live trades in one of my old journals in the appropriate forum going forward, since I think we met our objective here. :D
Resurrecting this journal to continue posting live trades (not just quarterly summaries). Same strategy, same execution except I am trying to follow the trend a little further.
Also the main index will be tracked with much more scrutiny since it influences individual stocks in a major way...
Post some trades, ese. This thread is for anyone with issues cutting winnerz. I understand if you're shy, or perfect already, but it's fun showing the world how good you could be if you just fixed that one weird problem you have.....
Yes I agree, the outlier wins make your entire year. It's not easy buying one back after it runs away, and it's not easy watching a tank of avgas go up in smoke either. I'm not an elite trader, and I'm intimidated by hot women too. Nerds need to book wins once in awhile, for self esteem. :D
Congrats everyone who caught the move. Sentiment was doomy a few dayz ago. That's usually the tell, if you believe the market likes to inflict MAXIMUM PAIN!
I wish more people would post their trades, positions, forecasts and P/L. Can't speak for everyone but ET has been a wealth of knowledge for me. Even though I ultimately settled on my own TA / Fundamental combo method that was not out in the open, many other winning methods have been shown and...
Seriously tempted to close all positions and wait out a retrace that I'm sure is on its way.
Everything is looking good except UAN. Not quite at the puke point yet but getting concerned.
+30 UCO
*edit- the correct thing to do is add size on the first retrace, of course. Waiting to see if I...
Looks safe out there, + 5 CMI, +10 CTVA, +20 WHD.
These are a few stocks I found screening over the weekend. The recipe is the same - sales / earnings growth, up trend (beating the market), first flag after the reversal, and room to run.