| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 ... 20 21 22 23 24 ... 48 >>Post Follow-up |
| pthomas215 1,251 posts msg #140923 - Ignore pthomas215 |
1/12/2018 7:52:03 PM sandjco, you are welcome! with DGLD, if i can help, using the charting wealth system the guys who run it are clear for gold the 4 hour chart is the only one you look at. So just use free stock charts and run a 4 hour chart to see how your gold position is shaping up. it will help you exit faster if you have to. Using the 4 hour chart i knew gold was probably gonna continue to run up. |
| sandjco 648 posts msg #140931 - Ignore sandjco modified |
1/12/2018 11:13:08 PM Thanks PT...my challenge is that...I have limited access during the trading hours and sites like bestfreecharts with my iPhone. The best thing i have right now is using yahoo app with 15min delayed feed. With DGLD I just got impatient with the non activity and i wanted some more dry powder to play. Because (my own reasoning...not sure if it is the "right play") I cannot watch the market during the trading hours...I'm more tight on my exits when the stock does not seem to move my way. I will use your suggestion when i can find or run across an app that will give me the 4hr time frame for free with an iPhone ;=D As always...im always open to learning anything that will make me a better trader |
| sandjco 648 posts msg #141032 - Ignore sandjco |
1/16/2018 2:54:22 PM Have exited long positions before they turned red; will use EOD prices to track. Come on....let's have some correction so we can re-mount! |
| miketranz 961 posts msg #141046 - Ignore miketranz |
1/16/2018 5:08:13 PM sandjco,glad I came across this thread.Good work.Let me know what your picks are for tomorrow,now that we had the mother of all reversals.Best.Miketranz... |
| shillllihs 6,045 posts msg #141048 - Ignore shillllihs |
1/16/2018 5:25:43 PM Looks like DRN about to go long. |
| sandjco 648 posts msg #141070 - Ignore sandjco |
1/17/2018 8:40:10 AM Thanks for dropping by Mike and Shils! Mike... not sure if "this" the mother of all reversals. IMHO, the market has had a joyful ride since Trump was elected with no major local or global malaise to trigger a mother of all sell offs. Even the drama with North Korea was a non event. Thank you for your kind feedback; I'm glad someone was able to benefit from my posting. Using EOD... AMZN out at $1304.86 for 8% LIT out at $39.83 for a slight 3% loss XIV out at $137.76 for a 1% loss TECL out at $126.27 for 5.9% TNA out at $75.17 for 3.7% Hindsight: I bailed too early late Dec on probably less than optimal trading volumes (holidays) and re-mounted XIV on less than optimal entry as well. LIT was what I thought could have been a play on TSLA but it never moved. Going back to johnpauls' excellent question to me..."what is your sell trigger"? In this case, I don't have one yet. My gut ruled the day - XIV didn't start well despite the other stocks I was watching doing well during the morning and then the losing steam as the day progressed. I would imagine if I had access to see a 2 hour chart, this would have been evident (?). I currently have no positions for the purposes of this blog. However, as I am interested in Options...I opened a small contract on VXX puts just prior to market close. |
| sandjco 648 posts msg #141136 - Ignore sandjco |
1/18/2018 2:41:19 PM Scaling into DGAZ $22.20. Short VXX $26.50. Long RIOT $20.25 (broke my self imposed rule of not trading individual stocks) and long AMZN $1298.30 |
| sandjco 648 posts msg #141222 - Ignore sandjco |
1/21/2018 12:23:48 PM What shutdown? Major indexes sure ain't panicking (yet?)   |
| pthomas215 1,251 posts msg #141226 - Ignore pthomas215 |
1/21/2018 1:52:08 PM As Liz Ann Sonders, Chief Investment Strategist,of Charles Schwab & Co noted this week: Since 1993, if you bought SPY on open each day, return would be -5.2%...but if you did opposite & bought on close next day, return would be 568%. VIX suppressing moves in NYSE hours and releasing it out of hours. for some reason. |
| sandjco 648 posts msg #141237 - Ignore sandjco |
1/21/2018 10:35:00 PM @pt...i must admit, I don't really listen or tune in to the talking heads anymore. Growing up, I remembered watching Lou Roukeyser (I think that was his name). I read somewhere once....when the market is able to climb a wall of worry...it is a bull. I would really really really like some big mother correction tho...;=P |
| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 ... 20 21 22 23 24 ... 48 >>Post Follow-up |