Yup. I’m aware. I’ll be out of it before the close, at the latest, no matter what
Bought SPY@412.04 this morning. With less than 15% of S&P 500 stocks above the 50 day moving average we are so overdue for a relief rally I don’t...
with 7% inflation, if you keep it in cash you will lose 7% in a year in terms of purchasing power, IOW, your money will buy 7% less. But if you...
Look for a bounce really soon. Put/call ratio high, % of stocks trading above their 50 day MA very low as of yesterday, will get worse this morning.
Not just energy. Food. Soybeans, corn , wheat. All up 5% today (and been trending up for a while) Disclosure: I own CORN and SOYB ETFs. ((Will...
it’s actually an excellent example of why you have to be careful what you take seriously on an Internet forum for traders.
I know. It was one of my few “buy and hold forever” stocks. I sold it yesterday afternoon.
only 25% of SPX stocks closed above there 50 day MA today. Tells me we are close to a tradable bounce. But as you said, it likely won’t last long....
This is Amazon. Not good for the overall market [ATTACH]
Seems like the market is so due for a bounce. Almost 70% of NYSE stocks below the 50 day EMA. So I’m thinking we could rally any day. But, beyond...
Care to be more specific?
Seems to me, the fact that you are about even since the beginning of the year in this environment shows solid, disciplined risk management.
It’s not Russia thing itself, it’s what the Russia thing will do to global energy prices COMBINED WITH a Fed that’s getting serious about tamping...
Thanks. That’s what I thought. In my original post I meant to say my guess is the former, not latter
What do you use to backtest?
Expiated, thanks, this is good stuff. It’s similar to what I’m thinking…moving averages combined with standard deviation, possibly relative strength.
Can anyone recommend a site where I can do paper trading? Other than TD where I already have my account. If I had more than one lace, I could be...
Some good responses, thanks guys. Still trying to find my edge. (Since I’m still in learning mode) that’s why I’m not seriously trading yet
What’s your sell strategy?It looks like a lot of trades being sold for minuscule losses. Is that. Because it’s end of day and you want to go home...
And what’s yours, if it’s not proprietary and you are willing. I have a sense of what edge is, but not sure I can define it properly. Maybe “some...
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