Thread: HotRod's Account Talk

HGL, I was planning on staying until at least the Dec 24th, may let it play until the 31st if things continue as they are. At least we didn't give Tuesdays gains back today.

Well, I'm retreating back to G tomorrow morning, will probably go 50 G, 25 S, and 25 C. Will probably jump to 100 G at the first sign of a break down. Looks like the seasonality play worked out alright, up about 8% before taking half off of the table this morning. We'll see what happens next week or two.

Well, did alright last week of Dec but seemed to give most back first three weeks of Jan. I guess when I'm gonna be in I should be all in and when I'm out, al out. Think I lost most of the Dec rally because I didn't get all out when I had the chance.

stop by and help me pull motor out of ole blue -n- help put in new bearings , i know wishful thinking, hope your making money

Not makin much, but at least I'm not loosing much either.

I went back to 100 - G last week, weel see what Feb brings.

Well I decided to try the Sentiment Trading system starting the second week in Feb, sentiment has indicated a Buy signal. Well, following that system has been loosing me money hand over foot.

HotRod -

When you decide to use a system, it is very important to stick to it. I have seen time and again, people using one of the premium services, for example, quiting after a bad stretch, then joining back up after a string of good weeks. That is a recipe for disaster. All of the services handily beat the market in 2008 but anyone who did the "I'm in, I'm out" version, probably did worse than the market.

So, I'd suggest either completely abandoning it, or stick with it 100%.

I personally only use it as one of the tools in my decision making arsenal.

Good luck!

Yeah, I understand that...and am in for the long haul, at least haven't bailed yet after the last two weeks.

Yeah...whoosh.