Search results

  1. fan27

    The Myth: 3x ETFs good only for short term...

    Moral of the story...trade in the direction of a nicely moving trend.
  2. fan27

    The Myth: 3x ETFs good only for short term...

    I am interested in getting long nat gas but don't want to buy the futures contract as it is a bit more risk than I want. So, we have a BOIL here, the 2 X nat gas fund. One way to play this is to take a half position here and the second half when we exceed the recent high. That way, I am...
  3. fan27

    Ted Nugent's Message to the Vaccinated

    LOL....something has a Stranglehold on his brain....it is not functioning properly.
  4. fan27

    The concept of house money, selling half when the price doubles and letting it ride..

    Of course not and I am not saying this is the only way to invest/trade. Most people will not capture the monster moves trading in and out...which is fine if what they are doing is making them money.
  5. fan27

    The concept of house money, selling half when the price doubles and letting it ride..

    My mom showed me her MSFT position she bought late 2008...up over 1110%. Missing out on that move IS the downside to moving to cash.
  6. fan27

    The concept of house money, selling half when the price doubles and letting it ride..

    You need to analyze your trading in terms of what you are trying to accomplish and your psychology. Are you seeking a few huge wins with many small losses? If so, staying in the full position to fully benefit from a winning position might be the right move. That being said, can you mentally...
  7. fan27

    Adventures in Automation

    Market conditions were not favorable for the strategies.
  8. fan27

    Adventures in Automation

    For my MES mean reverting strategies (Backetested with ES), below are the backtested stats. I did this primarily so I could see each equity curve by year.
  9. fan27

    Who else thinks that crude oil will raise?

    If we break above 80, my bet is next stop is 120.
  10. fan27

    Which way? Energy

    Historical Natural Gas Chart. To test the high back in 2005, price would have to more than triple from here. This could be the beginning of a massive move.
  11. fan27

    Adventures in Automation

    Good catch! It should be: AND [Close >= [Max(253,Close) - [Max(253,Close) * 0.25]]] Not: [Close >= [ Max(253,Close) - [Max(253,Close) * Max(253,Close) * 0.25]]] The correct one ensures that the current close is within 25% of the 52 week greatest close.
  12. fan27

    Adventures in Automation

    Nice...I got Mark Minervini's book "Think and trade like a champion" and am using a elements of his VCP pattern. I have the following scan I run in stockcharts.com. Stocks from that scan that look good will be added to a watch list and will be acted upon if there is a breakout. // Trend...
  13. fan27

    Adventures in Automation

    I am still very much running more my core auto strategies on MES. It is only the new day trading strategy on NQ that I shelved. Those strategies hardly use any of my capital so I am starting to trade stocks and a little crypto.
  14. fan27

    Adventures in Automation

    Ended the third quarter down a few percent. At the start of September I started trading stocks on an active basis. So far the results are very promising, especially given the fact that September was a down month (stock trades were up). The approach is to trade breakouts (discretionary) on the...
  15. fan27

    Adventures in Automation

    I canned the NQ day trading strategy. Ended up a few bucks but it was way to distracting with my day job (even though it was automated).
  16. fan27

    Are there any better alternative to Mutilchart Portfolio trader ?

    Check out https://tickblaze.com/ I use the platform for my own trading.
  17. fan27

    Which way? Energy

    Just getting started.
  18. fan27

    Expectations..

    Next to impossible on a 50k account.
  19. fan27

    Is there an edge here?

    Your average trade duration is one hour, which tells me this is an intraday strategy which is very prone to failure given the extremely small sample size.
  20. fan27

    Was CAR...Avis Budget a short squeeze today??

    Breakout from nice cup and handle pattern. This stock is going higher.
Back
Top