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  1. S

    long term position trading -primarily etf's-

    Heading off this Friday- futures down this hour- but not severely- GS reports today- A bank and a Dow component- If their report is not positive- it could move both the Dow and the banking sector - SKF. Hope to get back in pre market close today.
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    long term position trading -primarily etf's-

    With the Swiss shaking up the currency /banking markets by cutting rates and no longer pegging it's a currency to the Euro? And with a big ECB meeting next week; INTC disappointing on forward guidance, Jaime Diamond saying Banks are under attack- Oil lower, all market sectors in decline-AAPL...
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    long term position trading -primarily etf's-

    1.14.15 The big sell-off did not reverse, but became less severe going into the close- Both of my late am entries are slightly in the red tonight, but that was not unexpected. Both of these 'short' positions are counter-trend trades- and perhaps the market selling is going to abate as Oil...
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    long term position trading -primarily etf's-

    http://www.tradermike.net/inverse-short-etfs-bearish-etf-funds/ list of inverse funds Chart of VIXY breaking higher- it likely will recede lower as the day goes on, but this increase in volatility is not what investors want- The higher the US dollar goes, should affect the multinational...
  5. S

    long term position trading -primarily etf's-

    Wed 1.14.15 Will be going in late due to icy roads. Futures looking like a big down open- Retail sales report came in low, JPM appearded to have excess legal costs, didn't meet estimates on earnings at first glance reportedly. This will start off as an across the boards decline in the...
  6. S

    long term position trading -primarily etf's-

    10.13.15 Stopped out today TZA $10.73 FCG $9.85 9:30 am What a day- Market rallied and then sold off hard- $vix dropped- then climbed higher- On what news? OIl sold off further- VIX is up higher- after a big pullback lower- This is similar to the volatility - no -mans-land of...
  7. S

    Feedback appreciated. My Journal Begins...

    Catching up on your thread JS- your recent comments- and although unqualified- a couple of comments/questions for your consideration- If trading in SIM, and you hit your "ideal' daily profit target early - why would you simply walk away? Why not continue to test yourself to see if you...
  8. S

    long term position trading -primarily etf's-

    I'd love to share here how my Friday entries were spot on- and went directly higher as anticipated. TVIX , VIXY, TZA all opened higher and moved up strongly! FCG did decline. Did anyone hear BAM! Bam! BAM! Those gunshots were me shooting myself in the foot this am prior to leaving for...
  9. S

    long term position trading -primarily etf's-

    Europe is up, US futures higher- positive opening-Will cut positions to reduce the loss.
  10. S

    long term position trading -primarily etf's-

    TZA WAS an entry that was based on the market reaction to the jobs report- Small caps are vulnerable to economic weakness- and to rate increases as well. Small caps have underperformed large caps this year, but have reportedly started to rally. As i recall, small caps generally lead the...
  11. S

    long term position trading -primarily etf's-

    AS I review my positions this Sunday pm, I have also looked at the ATR (AVERAGE tRUE rANGE) . Why ATR? what is "normal" and what is average? There is no point in making a good trade entry and get taken out on 'normal' volatility. The critical part of what i think is my trading Edge-...
  12. S

    long term position trading -primarily etf's-

    Continued from prior post.... MY 1st criteria- is getting the direction of the trade correctly-Ideally, I get in near a swing low for a lower Risk trade (P.O.F.) the 2nd is having a plan to get stopped out at a certain level if the trade goes against me- This defines the Risk- the 3rd is...
  13. S

    long term position trading -primarily etf's-

    As i was answering some questions I was asked-and having to think a bit more- concerning the trades I made Friday, I have to recognize that entering the trades i did- in the manner i did- was because of my tendency is to trade MORE aggressively when the trade direction supports my Bias. The...
  14. S

    long term position trading -primarily etf's-

    Learning a bit more about the $vix and those instruments that are based on it's movements. A price performance chart over the past 3 years showing both the $SPX, SPY, THE $VIX AND both the VXX that tracks the daily actions of the $VIX, and XIV which tracks the inverse. The decline in...
  15. S

    long term position trading -primarily etf's-

    Sat 1.10.15 I decided to start at square 1 and look at the VXX- with some longer term charts, closing in on the more recent daily. What is apparent from the longer term charts was the low volume in past years as the VXX essentially was in decline. As we get into this past year, the...
  16. S

    long term position trading -primarily etf's-

    WELL, Got caught 2 days late and a dollar short-Used to be a CB Handle for Spouse & I some decades ago. EOD trading has some jet lag built in when the market is turning on a dime.Did not expect any news to prompt the market turn until tomorrow (Friday) Saw the bounce yesterday and put...
  17. S

    long term position trading -primarily etf's-

    OK, Market rallied today- The IBB position I stopped out on popped $10 today. My short positions- while still net profitable- (SDS at 3% would have stopped today-) will get hit tomorrow as i have brought my stops up to today's close- Unless a meteor strikes tonight- I'm going to buy Cure...
  18. S

    long term position trading -primarily etf's-

    Tues pm 1.06.15 Got in late, markets had closed down less than 1% on average- IBB stopped out-I had pulled the stop back slightly to above my entry - and it sold $298.85- essentially fractionally above my entry with only 10 shares. Both of my short positions moved higher-and i have some...
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