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MACD/Trendline Swing Trader
- Thread starter retire45
- Start date
Still far from being in control in the mornings... sell too early then get involved in the ugly chop... These ETF's are a relative easy morning trade (specifically on qap downs) for those with the sense to get in once direction set and hold for 90 mins or so. Not me.
Market-wise looks like the Bears got neutered week before last with that pump from 818 and have agreed to take a break..... But the Bulls seem to have nothing in the tank to take the markets anywhere... resorting to these annoying late day manipulations... They better find something before next month.
Market-wise looks like the Bears got neutered week before last with that pump from 818 and have agreed to take a break..... But the Bulls seem to have nothing in the tank to take the markets anywhere... resorting to these annoying late day manipulations... They better find something before next month.
I have decided to get all my ugly trades in this year it seems.. doing the opposite of every nice analysis I do.. I think I'll re-title the thread if possible to "The most taxing and silly way to arrive at a 25% year gain in the markets".
SP500 wedge building again... 6 to 8 weeks has been the typical duration... Someone please let me know when it happens as I will miss it....
Will work on an attitude adjustment (brain transplant?) over Christmas break.
SP500 wedge building again... 6 to 8 weeks has been the typical duration... Someone please let me know when it happens as I will miss it....
Will work on an attitude adjustment (brain transplant?) over Christmas break.
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Never try to pick bottoms.. not even on an equity chart! Started the year around 25k, 400% in less than 6 months, then this... The big question for me will be which part of the chart is truly me. I will find out next year.
Can't wait for the new brain Santa hopefully brings me.
Can't wait for the new brain Santa hopefully brings me.
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Someone just asked Neke in his thread what he attributed to his success, I'd be interested to know what your thoughts are for the change since July? Like I said once before, your analysis always seemed sound to me when I started following along -probably around August, so I'm wondering how you view it all. At least you MADE money, more than most can say.
Builder,
Interesting his chart is a near mirror image of mine except he didn't do as badly early in the year as I have later in the year, which makes him a net better trader as he limited his losses well when he was not trading as well.
One thing I noticed with Neke last year is he always was mentally favoring a bear market as is therefore VERY comfortable when markets decline. I remember quite a few of his losses last year were from being short. I think I am more neutral and "should" potentially do better long term but there is that psychological execution thing.
I think since July I simply never changed course mentally from long to short. The nasty nature of bear market rallies played a big role here. I STRONGLY believe it is all in the head as markets are still painfully simple.... just numbers changing from this to that. As long as I can still imagine getting back to those levels it is easily possible.
Interesting his chart is a near mirror image of mine except he didn't do as badly early in the year as I have later in the year, which makes him a net better trader as he limited his losses well when he was not trading as well.
One thing I noticed with Neke last year is he always was mentally favoring a bear market as is therefore VERY comfortable when markets decline. I remember quite a few of his losses last year were from being short. I think I am more neutral and "should" potentially do better long term but there is that psychological execution thing.
I think since July I simply never changed course mentally from long to short. The nasty nature of bear market rallies played a big role here. I STRONGLY believe it is all in the head as markets are still painfully simple.... just numbers changing from this to that. As long as I can still imagine getting back to those levels it is easily possible.