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  1. 1

    "The only way to trade with Fibonaccis" journal

    4/5: No trades. Buy order still open.
  2. 1

    "The only way to trade with Fibonaccis" journal

    Thought price might come down to my order this morning. It still might, though.
  3. 1

    "The only way to trade with Fibonaccis" journal

    4/4: So close! No trades. Leaving order open until further notice.
  4. 1

    "The only way to trade with Fibonaccis" journal

    The buy order from 3/28 has been modified to 139.01. So buy 200 @ $139.01.
  5. 1

    "The only way to trade with Fibonaccis" journal

    4/3: No trades.
  6. 1

    "The only way to trade with Fibonaccis" journal

    4/2: No trades
  7. 1

    "The only way to trade with Fibonaccis" journal

    3/30: No trades
  8. 1

    "The only way to trade with Fibonaccis" journal

    So close. 3/29: No trades (I know the market is open for another 10 minutes but I assume price isn't going to come down to my entry price in the next 10 minutes so I feel comfortable posting this now. Will update if the order fills in the next 9 minutes now, though).
  9. 1

    "The only way to trade with Fibonaccis" journal

    Getting close to my price.
  10. 1

    "The only way to trade with Fibonaccis" journal

    3/28: No trades, order still open.
  11. 1

    "The only way to trade with Fibonaccis" journal

    Limit order to buy 200 shares of SPY @ 138.72 placed.
  12. 1

    "The only way to trade with Fibonaccis" journal

    3/27: No trades.
  13. 1

    "The only way to trade with Fibonaccis" journal

    It's not a contradiction. The only other reason to get out of a trade is because you know price is going to go the opposite way in the future. And if you can do that, you might as well enter with your entire account in the correct direction. If I could predict direction I would just enter...
  14. 1

    "The only way to trade with Fibonaccis" journal

    ^ Excellent questions. I promise I will address them all when I have time. And unlike most trading "gurus" you will encounter online, I will give precise and specific answers rather than vague and ambiguous fortune cookie nonsense. 3/26: No trades.
  15. 1

    "The only way to trade with Fibonaccis" journal

    3/23: No trades.
  16. 1

    "The only way to trade with Fibonaccis" journal

    3/22: No trades.
  17. 1

    "The only way to trade with Fibonaccis" journal

    3/21: No trades.
  18. 1

    "The only way to trade with Fibonaccis" journal

    3/20: No trades
  19. 1

    "The only way to trade with Fibonaccis" journal

    3/19: No trades.
  20. 1

    "The only way to trade with Fibonaccis" journal

    I got PMed this same question from a different account so I assume it was the same person. Back in 2008 I was using a slightly different strategy but it was still an average down strategy. I was buying the weighted ETFs, specifically SSO and QLD, rather than SPY itself. I also happened...
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