MACD/Trendline Swing Trader

Quote from retire45:

Stopped out of AEM..
Bottom fishing not good week.. The learning (hopefully) goes on.
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I followed you on that AEM one.... OUCH.

But, i got GM the same day pre market at 4.75

Somehow my limit of 6.75 sold at 8 thismorning.

Someone must have known it was my birthday.
 
Quote from iloveketchup:

I followed you on that AEM one.... OUCH.

But, i got GM the same day pre market at 4.75

Somehow my limit of 6.75 sold at 8 thismorning.

Someone must have known it was my birthday.
More...

Well Happy birthday.. must be nice being under 20...

Bought SKF 140 and change this am but chickened out of it... Just bought UYG 10 even.. hopefully the objective was to fill gaps..
 
Quote from iloveketchup:

I followed you on that AEM one.... OUCH.

But, i got GM the same day pre market at 4.75

Somehow my limit of 6.75 sold at 8 thismorning.

Someone must have known it was my birthday.
More...

Sorry about the AEM by the way... Dollar strength insane... for now.. This rally to run into trouble around SPY 97.5 or 102. UYG over gapped over the SPY 98 equivalent.. hence the flat-lining now...
 

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Quote from retire45:

in UYG 10.35
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i was wondering why you got out of UYG? If you feel the market is going up the next day or two at least, seems like UYG would be one of the more leveraged trades.
 
Looks like it this morning.. will probably unload most of it at open. Overall markets... just wait for a flat day that rolls over after lunch time... I think today's bar will be a cross.. usually indicates a short-term top. Also earnings will decide the health of this bounce..

Sentiment is everything and that is what has changed... "Men go mad in crowds and come to their senses one by one." I am not against a recovery but this is not how one is made but if I have learned anything last 6 weeks it is as a trader FOLLOW THE TREND LIKE AN IDIOT... at least you'll be a rich idiot.
 
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