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I'll take any positive news right now. I'm still kicking myself for not pressing the button on March 1st.Originally Posted by Whipsaw
Futures are UP!
I was ready to get out of "S" and thought Oh! I'll wait one more day. Overthought it again. ;swear
Re: Whipsaw's Account Talk
Futures are UP!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Re: Whipsaw's Account Talk
I'll take any positive news right now. I'm still kicking myself for not pressing the button on March 1st.Futures are UP!
I was ready to get out of "S" and thought Oh! I'll wait one more day. Overthought it again. ;swear
May the force be with us.
Re: Whipsaw's Account Talk
You're in good company nasa. I did the exact same thing and have been kicking myself as well. We've got a lot of ground to make up. Hopefully this is the beginning of something big and we take out the high we had on March 1st...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Re: Whipsaw's Account Talk
Hear, hear! Concur... downdraft from the oil decline not anticipated. If we're lucky there won't be a throw down over the debt ceiling, the O-care repeal goes through, followed quickly by tax cuts... No sweat... right?
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Re: Whipsaw's Account Talk
It seems there are more alligators in the swamp than we thought and I am wondering where all these RINO's came from, but like Bill Dance I think the President will have them hooked and in the boat before they even know they're caught. Gonna be some rough waters, but in the end I think we will be pleased...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Re: Whipsaw's Account Talk
Batten down the hatches! Heavy seas ahead!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Re: Whipsaw's Account Talk
S-Fund is up this morning. Checking out the Grock Trading video has us in a rising wedge (bearish), though still on the bullish side. News driven market at this point depending upon what gets pushed through congress; may see some consolidation going forward? Is a rate hike priced in at this point? No apparent drama brewing over the debt ceiling, yet... Holding for a day or two longer, then maybe try to side step the rate announcement/debt ceiling...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Re: Whipsaw's Account Talk
Well with the 1.68% loss last week in the S Fund, I would say a rate hike is priced in. If you follow Lunatic Trader, we are about to enter a green period as the full moon came in last night. I bought in on 24 Feb when DWCPF closed at 1208.70. If I exit before we reach that figure again, this trade becomes a loss. I still have two IFT's for March, so I could exit and get back in later in the month if we pullback much further. Still got the sticky pants deployed, so for now I'll just wait and see what happens next...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Re: Whipsaw's Account Talk
Not much time to sidestep at this point. Fed meets Tuesday with announcement on day 2, Wednesday. Plus Wednesday is debt ceiling date?? also think Netherlands have a vote\elections. Hmmm... makes for interesting week. I am on fence about exit. I would like to see a small bounce before exit especially since Slow Stochastic already hit below 20and is on way up.... But, if this is a double bottom, which I think it is, then as soon as that little bounce happens we slide further to hit a lower bottom before the jump back up to newer highs! I am likely staying in though I truly wish to exit!
Best Wishes to you and everyone!!!!!!!
P.S. Yes...Could be a very very interesting week. Ugghhh...
Don't take my comments as trading advice/IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Re: Whipsaw's Account Talk
Still beating myself up for not getting out March 1st. Sticky pants on and going to ride this out, hoping for the best. I still have my 2 IFT's and the only way I would bail now is if I knew we would hit a lower low that would be favorable to get back in. Crystal ball is broken so I have no clue what will happen. Just hanging on for the ride.
May the force be with us.
Re: Whipsaw's Account Talk
Nice run up today on the S-train! Climbing out of the hole. Good call for all the folks sporting sticky pants over the last week...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Re: Whipsaw's Account Talk
.25% rate hike, NICE! S-Fund is up and I'm BACK IN BLACK!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
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