Page 1 of 65 1231151 ... LastLast
Results 1 to 12 of 772

Thread: sniper's Account Talk

  1. #1

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,811

    Default sniper's Account Talk

    New Account here, just to keep track of my moves.

    A little about my strategy, I consider myself somewhat of a swing/momentum trader, sometimes a value buyer lol. I don't usually buy into news, because by the time the general public gets the 'news', everyone else already knows. I study graphs and ask myself what story it's telling me, and make my moves accordingly.

    Starting off in the F fund, my TSP account was in the S until 7/13 (ITF date), when I started to feel a momentum shift toward the down was coming, or close.

    Staying in F until I see a strong buy signal, wish I had something more exciting to say today, but sorry. F fund isn't sexy, but it'll be my pick for now, just waiting for a shot


  2.  
  3. #2

    Join Date
    Feb 2011
    Location
    Washington
    Posts
    9,567

    Default Re: sniper's Account Talk

    Quote Originally Posted by sniper View Post
    New Account here, just to keep track of my moves.

    A little about my strategy, I consider myself somewhat of a swing/momentum trader, sometimes a value buyer lol. I don't usually buy into news, because by the time the general public gets the 'news', everyone else already knows. I study graphs and ask myself what story it's telling me, and make my moves accordingly.

    Starting off in the F fund, my TSP account was in the S until 7/13 (ITF date), when I started to feel a momentum shift toward the down was coming, or close.

    Staying in F until I see a strong buy signal, wish I had something more exciting to say today, but sorry. F fund isn't sexy, but it'll be my pick for now, just waiting for a shot
    Sounds like you had a good plan. Keep us in the know.

    Thanks!!
    Rules:
    - Trade what you see, not what you believe
    - Don't put stuff in your signature that a Mod doesn't like

    "Government exists to protect all people’s rights, not some people’s feelings." - A. Barton Hinkle

    Great Tools:
    http://www.CreditKarma.com
    http://www.Mint.com
    http://www.SaveUp.com/r/nmJ

  4.  
  5. #3

    Default Re: sniper's Account Talk

    Thanks for sharing Sniper, many don't (I'm talking to you Wizard of Oz).
    100% G Fund COB 13 March 2020

  6.  
  7. #4

    Join Date
    Sep 2007
    Location
    Illinois :(
    Posts
    467

    Default Re: sniper's Account Talk

    Year after year, the top five (or ten) almost never share insight. They have the time to update the tracker moves though, I don't get it...

  8.  
  9. #5

    Join Date
    May 2011
    Location
    Florida
    Posts
    1,655
    Blog Entries
    6

    Default Re: sniper's Account Talk

    Quote Originally Posted by JamesE View Post
    Year after year, the top five (or ten) almost never share insight. They have the time to update the tracker moves though, I don't get it...

    Hey now, I shared my moves back on January 3rd when I was #1 YTD

  10.  
  11. #6

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,811

    Default Re: sniper's Account Talk

    Quote Originally Posted by JamesE View Post
    Year after year, the top five (or ten) almost never share insight. They have the time to update the tracker moves though, I don't get it...
    haha, well I hope I can get that far, I'll be happy with just a 7%/year on average return. well that's the initial goal, if it works better than that, then awesome

    the system will probably take a few years to fully mature, i'm not quite sure how effective it is until we hit a downturn. anyone can win when the market is good, what I hope it can do is keep losses to a minimum when the market goes to crap

  12.  
  13. #7

    Join Date
    Feb 2011
    Location
    Washington
    Posts
    9,567

    Default Re: sniper's Account Talk

    Quote Originally Posted by bmneveu View Post
    Hey now, I shared my moves back on January 3rd when I was #1 YTD
























    Rules:
    - Trade what you see, not what you believe
    - Don't put stuff in your signature that a Mod doesn't like

    "Government exists to protect all people’s rights, not some people’s feelings." - A. Barton Hinkle

    Great Tools:
    http://www.CreditKarma.com
    http://www.Mint.com
    http://www.SaveUp.com/r/nmJ

  14.  
  15. #8

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,811

    Default Re: sniper's Account Talk

    Making a move to C/S fund, but cautiously. DOW Running into an ascending triangle pattern, could be a strong move up, if it can break 13,250 and hold. My trading system triggered a buy signal on July 26, but I wasn't able to make the move since I was out of IFT's for the month (sad face).

    The only thing that worries me, is this pattern showed in July 2011, and earlier May this year, and both were huge bull traps.

    I'm willing to take that risk for now, will exit to G fund if it fails to break out past the 13,200 resistance line

  16.  
  17. #9

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,811

    Default Re: sniper's Account Talk

    lack of volume for about a week now. a violent move in the market is probably coming soon. of course the million dollar question is up or down? It will probably happen soon after the dow flirts with the LT resistance level at 13,250


  18.  
  19. #10

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: sniper's Account Talk

    I like this cookie.

  20.  
  21. #11

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,811

    Default Re: sniper's Account Talk

    Much of the same, no direction and low vol. Volume has been below average since the 1st of the month, lot of indecision in the market atm.

    using my system, I made a couple of stock moves / observations earlier this week, a couple worked, and some coulda woulda shoulda lol.

    Original notes for these were observations from Sunday, Aug 5:


    • Newcastle (NCT) - LT up channel holding, will continue its steady climb -> Pretty much steady, decent day after ER was inline (Missed EPS by a penny)
    • Marvell (MRVL) - Trend Reversal & Channel up, confirmed mid July and August 2. Booyah time? -> Bought @ 11.35, channel stayed intact like I predicted. Closed today at 11.94
    • Alcatel-Lucent (ALU) - Forming a 5-day ascending triangle. Watch for breakout at 1.18 and gap fill to 1.40 -> A bit iffy to call a shot based on a 5-day pattern, so I took no position on this. Went up to 1.22 and back down.
    • nVIDIA (NVDA) - Upward channel w/ breakout potential. buy @ 13, sell PT @ 14.20 -> Buy limit at 13.20 wasn't triggered, should have bought anyway as this one will explode after good E/R today.
    • Craft Brewer's Alliance (BREW) - Strong up channel, buy @ 8.20, breakout @ 9 -> Buy limit set at 8.20, came close to being triggered yesterday, went back up. Still waiting
    • Starbucks (SBUX) - Breakdown out of descending triangle, stay away until trend is established -> This one will recover in due time, a lot more profitable plays atm, no position
    • E-Trade (ETFC) - Possible trend reversal late July / up channel. Waiting for confirmation. -> Looks to have moved nicely. Was considering this one, but MRVL seemed more like a sure shot, and I only shoot at what I consider high % plays
    • Dollar General (DG) - Showing continuation pattern (Bullish), good time to buy now. -> Hasn't moved much. A safe stock, but generally not a ripper, no position. Was just observing a pick a friend of mine made in April (which was a good buy!)
    • OCZ (OCZ) - Recent rally based off a false rumor. Short this one -> Shorted at 5.85, covered at 5.40 price target. I never get overly greedy with short positions, especially with stocks as volatile as OCZ

    Out of this list, I am long NCT (entry 6.63), MRVL (entry 11.35), BREW (buy limit 8.20, not triggered yet). Closed my buy order on NVDA since that one isn't happening (sad face lol)

    Quote Originally Posted by Birchtree View Post
    I like this cookie.
    Haha thanks :P

    On a sidenot, if my decisions look like one made by a total dumbass beginner, then you're probably right. I've been doing this for less than a year, and have already taken my share of lumps. However, I have been relentless in my quest for getting educated in the market game and I'm always willing to accept advice or pointers

  22.  
  23. #12

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: sniper's Account Talk

    You are using the right approach getting in touch with your inner stomach by walking the walk. This investing game at times can be a real anxiety builder - but if you know your emotions you have won half the battle. Good to have you join the board.

  24.  
Page 1 of 65 1231151 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
sniper's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
sniper's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
sniper's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
sniper's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes