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Been gone for a few days and see that today we will adjust our stop on TWGP.. Placing alert on VASC for a possible long.

Dude why even waist your time posting sumfin as stupid as that?

Thanks for bumping this thread up...

Well this week was not that great. I think I messed up by scaling out of FCX. Well I followed my plan and looking back I still think I made the right decision as I thought we might be getting ready for a nice drop. My OSG trade really hit me in the butt pretty good. Amazing how just one loss can...

Today we took TWGP long @ 32.62 with 1R at 348.72. Position size is 197 shares and stop @ 30.86. We are looking for 34.38 as initial target. Stops will be adjusted off close only if position moves in our favor.

Well we took a full 1R loss on OSG. Moving stop in FCX to 80.45. Oh well we can't win them all.

Well did not see today's action and notice FCX did more in our favor and so we will now adjust stop @ 78.64. Our short in OSG is not going well and so stop still in place from entry. I've not looked into any opportunities for tomorrow as I'll miss the action again. This weekend I plan on going...

Well leaving OSG stop as is and moving FCX stop @ 75.43. I could have got more out of this but followed my plan and sold near target. Still got a small position or 1/2 left. I won't be near my screen tomorrow and do not have any opportunities tonight to speak of. Where we go from here is...

Took 95 shares of OSG short at 73.70 risking 346.65. Stop at 77.37 and will adjust should price move in favor off end of day. Looking for 1R at 70.03.

1R reached in FCX sold 1/2 position.. WNR long over 49.93 in wait mode here.. Possible short setting in OSG DLLR

Well missed the entire trading day and will adjust stop on FCX. I’m putting stop in now at 72.63. This now reduces risk on position to 47.24.

I’m not really a good market predictor, as it shall do what it does. I do however notice a negative divergence in stocks making new 40-day highs. This chart shows the green line showing the divergence. Yellow is S&P500 and Red is just the RS of the 40. It does flag a caution signal to me and...

No you’ll be fine because it is your sys.. You trade it you know how it behaves in good times and bad. Heck the website is full of guru’s selling the ultimate system for 5k. Those who buy it think it is the grail.. Not true another problem is most will not stick with any one system long...

In all reality you could give your system to 10 traders and I bet all ten would have different results. In fact I bet a few would do poorly. Unless your system is fully automated.. Too much emotion involved.. I bet if 10 people on this site got in a stock at the exact time and with the same...

Test to see if I can post attachment file.. edit: Ok I think it works.

Rateequad, thanks for your encouragement. I'm not trying to get rich quick and have blow an account before by gun-slinging and reaching for the fence. I'm much more conservative now.

I'm trying to see if I can download a file to ET.. I'll try this to see if it works.. Well that did not work. I tried to attach a png file from my PC.. Not sure how this works..

Today we had picked up a long in FCX. Picked it up at 73.21. On a 35K account we have position size of 78 shares for 5,712.38. Our initial risk was 345.98 and will adjust risk based off closing price to 71.54. This reduces risk on trade to 132.26. We are looking at initial tgt at 77.62. Should...

Dropping all except FCX and adding MRO USM ELON GHDX. Well the S&P dropped about slap out of it's range. This is tempting on the short side, but I'll continue to wait on set ups. The S&P basically gave back all of May's gains. Now having conducted my evening study I just don't see much to get...

Hey flipflopper, I'm new here at ET and really enjoyed your journal. I wish you would stick around and continue this. I've been very impressed with your trades and look forward to your comments.. Don't let other posters rain on your parade.. Well I wish you the best.. CM