running money - 35% a year

[coolweb]

test small short
ge 16.31

 

[coolweb]

add test short ge 16.37

 

[coolweb]

i be out , test shorts wil never work.

 

[coolweb]

I try to listen more then I talk.
Watch more then I trade.
Trade once everyday, to memorize price patterns.
what did I learn today? That particular shorting price pattern doesn't work., Cost me $50 for that lesson.

 

[coolweb]

Quote from coolweb: 5/17/2010

1) I reviewed like a few hundred stock charts just a few hours ago for all industries, pharm, fina, all shits
Man UGLY charts, Theres no fking way we are going up in this market with those charts.


2) I'm watching EURO right now, looking for an entry but probably not.


3) definately downtrend in the markets. I'm pondering how to most effectively capitalize on this.

1) I've been watching the markets, not doing anything much, Luckily I convinced everybody important I know to move out of the markets IRA, retirement funds, investments, everything, since May.

2) I've only put on a few large sized "SHORT" trades in my career that are profitable. I don't have much experience in shorting LARGE, maybe too volatile? maybe too fast to enter, I don't know.

3) I intend to put at least one LARGE short trade this year , profitable as well.

4) Going long is actually much easier then going short, most people don't realize this. Short setups fail much more often and happen way too fast, and the duration is short , so less ADDing.

I only need a few profitable trades per year to make this year quite profitable Either way, it should be a good year.

 

[coolweb]

big trade coming up,
I'm seeing Barrick long, ES short
Waiting for entry, I will short 15 ES contracts when the time is right


possible entry time = This afternoon , or tomorrow.
Price action to look for = barrick down around -2% from current price, ES up a bit or stabilize.

 

[coolweb]

If Barrick does "Top" (stop making top prices)
ALL buy entries = will be profitable eventually at least for these couple of days.

Very exciting, Its been awhile since I seen something like this.
We will make money.

 

[coolweb]

Barric 43.32 now
It will drop 2% NOW .
to 42.50

this price will top out intraday right now.

 

[coolweb]

1 month 1 trade.
Its coming , finally! waiting for your ass for 40 days and counting.
Execution will be flawless, Entry price will be Optimus PRIME!


BARR1C 43.20

give me entry!

-------------

/me turns up the AC celisus 23 degrees.

 

[coolweb]

BARRIC 43.05

Unsafe price to entry long.
Wait..