Next week Up & Down.... btc vs inverses

KCalhoun

KCalhoun

Futs down a bit. I went mostly cash into weekend, holding light uvxy plus btc stocks, so I'm hedged. Also long kold sco.

Any thoughts re what your focusing on next week?
 
KCalhoun said:
Futs down a bit. I went mostly cash into weekend, holding light uvxy plus btc stocks, so I'm hedged. Also long kold sco.

Any thoughts re what your focusing on next week?
More...

Down until QE. Go on and keep buying your inverses. Why not? You've had a good 6-month run. No reason to think it will not continue.
 
Last week was pretty good and my goal is to
improve my methods of tracking and record
keeping.

I plan to trade the same stocks because they
continue to perform nicely, one was a dud but
it happens.

My focus is on being consistent and positive.

And I will keep my eyes open for whatever
arises and stay flexible.

I ordered two trading books which should
arrive on Wednesday, so I'll be peeking in
those.

This will be a productive week.

Good luck everybody!
 
GoldDigger said:
I ordered two trading books which should
arrive on Wednesday

This will be a productive week.
More...

Trading books, ugggh....I always cringe when I hear that,

I imagine...all those books basically say....is to be aware of the Support/Resistance lines....and bet up when it gets low, and bet down when it gets high. :confused: Yea, right. If only, trading were that easy, instant and automatic.
Someone doing that will finish the year at break-even, at best,
 
MacBookProHo said:
Trading books, ugggh....I always cringe when I hear that,

I imagine...all those books basically say....is to be aware of the Support/Resistance lines....and bet up when it gets low, and bet down when it gets high. :confused: Yea, right. If only, trading were that easy, instant and automatic.
Someone doing that will finish the year at break-even, at best,
More...



It's not that serious.

One is on technical analysis, which I know
nothing about.

The other one is by Wm. O'Neil. I already
have his How to Make Money in Stocks book,
and I just ordered The Successful Investor.

I am a total bookworm. I own at least three
thousand books, there's bookshelves in three
parts of the house, a cabinet in my bedroom
filled with books, books laying around all over
the place. And I have 943 Kindle books.

Anyway, all that stuff about support and
resistance, seems like fluff to me. I like
to keep things simple, stick to the basics -
buy low, sell high, rinse, repeat.

It's working for me, but I still want to
know if there's anything I'm missing.

Take Care!
 
You must log in or register to reply here.
Back
Top