Verisimi

Thank you Fed, it was nice to be long this morning. I went long a bit early again after taking the profits, but I wanted to lock in another 1% lead over the market.

Market update: SPX is up almost 2% YTD, and I have a 10+ % lead over the market.... (8.4+4%)

Back at the end of March I wrote:

Quote from Pekelo:

Supposed I keep up similar performance, I should finish the year 4x1.8 +4= 11% above the market.
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Quote from Pekelo:

Long 1446... (no SL)
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Hey Pek, I thought SAID you wasn't gonna do that no mo! :mad:

It's towards the end, and I'm the green, so I figured I'd just stop by and say HI!.

Now, about those Stop Loss orders ...

JJ
 
Quote from JimmyJam:

Hey Pek, I thought SAID you wasn't gonna do that no mo! :mad:
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Unless otherwise noted!

I noted otherwise. :) The thinking was this:

1. The market lately has been so volatile, that it could hit my SL then take off without me. I don't want that to happen no more...

2. At this point I am outperforming the market so badly, that even if the market takes another dive (let's say 40-50 pts) I can efford to go with it, I can just start to use the 2nd unit and average down if needed.

It is almost like a can't lose position.... :)
 
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