imagination and anxiety

[qdz]

Thanks for the suggestions. I was trading only major indices. Right now, I have no capability to interpret and switch fast enough. Anyway, this is a technical problem not a psychological one. Lucky enough, I didn't loss today but get hammed psychologically.

Quote from TheCaracal:

qdz...I fail to see why you believe this...MCD TGT BBY and WMT, have all guided lower...why not just pick a retail stock to pound?

RLX is the most under-performing sector on the day, down 2.5% vs SPX down .5% and KSS which I trade, has dropped like a stone from the opening print of 60.85 to 59.10!

I thought I pointed this out to you in an earlier post... that is an easy trade.

This ain't rocket science. Just pay attention to what the market is telling you to do.

 

[qdz]

And I am not intending to do that in near future.

Quote from qdz:

Right now, I have no capability to interpret and switch fast enough.
.
...

 

[Mir]

Quote from qdz:

I always think that I am the opponent of the market.

qdz,

This is a workable approach to life. After all, you cannot be certain that there's anything out there: all you see, hear, experience is something inside your mind, or hitting your optical nerve or your ear, etc.

The universe may just be inside us. And we may all be the same, single, person, appearing in infinite disguises

 

[wally_]

Quote from Mir:


The universe may just be inside us. And we may all be the same, single, person, appearing in infinite disguises

No, I am not you...

 

[bobcathy1]

Please consult your wild mushroom guide before eating any that you pick in the woods.........

 

[nkhoi]

Quote from TheCaracal:

Hey I will come clean...-17,000 YTD.

I don't se anybody else willing to post losses!


Such an EGO game!

Quote from TheCaracal:

qdz...I fail to see why you believe this...MCD TGT BBY and WMT, have all guided lower...why not just pick a retail stock to pound?

RLX is the most under-performing sector on the day, down 2.5% vs SPX down .5% and KSS which I trade, has dropped like a stone from the opening print of 60.85 to 59.10!

I thought I pointed this out to you in an earlier post... that is an easy trade.

This ain't rocket science. Just pay attention to what the market is telling you to do.

are you having a MAJOR revelation that turn your trading around?

 

[TheCaracal]

Quote from nkhoi:






are you having a MAJOR revelation that turn your trading around?

Quite honestly I am not new at this, and have had much success doing this prior to this past Spring.

I had too many distractions earlier in the year, you name it was happening. And I lost my focus. As a result, took some time off, and now the distractions are behind me, so to answer your question...YES -- CLARITY!

Thanks for inquiring.

 

[nitro]

Quote from TheCaracal:




I agree lately (last 2 weeks things have gotten trickier), but FWIW..you can determine this fairly easily by looking at the sectors.

When: BKX SOX XBD MSH are outperf. the SPX as they did most days from 10/09/02 to 11/26/02...the days trend is likely up; when any of these groups are underperf. as on Fri. 12/13, the market is unlikely to be strong...(As evidenced by low tick close); usually defensive groups like HCX CMR and DGR are up..signs of
mkt in retreat...heads up.

Further, when the market pshyce shifts from offense to defense..it pays to watch how the sectors perform..for example..leading groups like SOX will be weak (FYI in the 8 week rally this complex went from 220 or so to 398; only to retreat to the 310 level; loss of "key" leadership (see also BKX XBD) will signal some real down trend days.

It's during thse shifts in sentiment that most trader's get cut up, myself included.

Key off these, and you can gain some real insight as to what the market is doing..if you can get this right half the time you'll be OK.

Hope this helps you!

PS. I would go into further detail, but had that 3RD bourbon! and now I'm tired...so I am going to bed. PM me if you want to talk more. Good night!

I have all of these up as well as key stocks within the sectors. The way you state it is basic to trading strategically. Adding the key stocks within the sector is the way to add tactics to the mix...In the absense of an "index" I will often find a stock that will represent the current information about what I try to capture, e.g., SEN for weather related "clues" (as weather moves west to east...)

Other obvious ones on my screen:

XAU
CRY0 (CRB Index)
NAJ
XI
VIX
XOI


This "technique" is so basic to trading that I would find it hard to trade without.

BTW, I think you meant DRG, not DGR.

nitro