Thread: LTJPFED's Account Talk

100% G COB- maybe making the wrong move but at least I live to fight another day, I'll be happy with the gains and look to re-enter on another down day sometime early July perhaps.

Originally Posted by LTJPFED

100% G COB- maybe making the wrong move but at least I live to fight another day, I'll be happy with the gains and look to re-enter on another down day sometime early July perhaps.

What was your exact allocation prior to your IFT?

What was the effective date of it?

I was 100G on 6/9 move to 100S COB 6/10
Today I moved from 100S back to 100G

I could have moved only a portion but just not feeling it. I feel like we are toying with another big move. Maybe gun shy idk. Even if we get a run up to the 3200 levels really I don't see us going much higher than that before we pull back again. Maybe we will be range bound for a few months idk. Just want to feel better about my position on re-entry so I'll try to be patient lol.

Originally Posted by LTJPFED

I was 100G on 6/9 move to 100S COB 6/10
Today I moved from 100S back to 100G

I could have moved only a portion but just not feeling it. I feel like we are toying with another big move. Maybe gun shy idk. Even if we get a run up to the 3200 levels really I don't see us going much higher than that before we pull back again. Maybe we will be range bound for a few months idk. Just want to feel better about my position on re-entry so I'll try to be patient lol.

Well, unless DWCPF comes away today with at least 2.70%, you'll be selling at a loss. Albeit a small one. Here's hoping you at least break even.

Yeah I know. I really was wanting to hang in for another day or two but with volatility you just don't know. We could end up back lower from here or another leg up to 3200 or higher so just hard to make decision. Just went with my gut. Hard not to try and get that back so at least I would have been sitting in G with the full comeback but if we stay around these levels I would love to have another 2% day. Beats a down day.

Originally Posted by LTJPFED

Just went with my gut.

Your gut will be right more times than not.

It's only when you are 100% confident (in your head) of your trade that you should begin to worry.

I forgot to add my move on 7/2 went 60S 40C, still there. However I'm wondering if maybe I should get back to the pad? I'm leaning to a full move today. Haven't done anything yet. That 3231 on S&P is a key point I think. Couple others have said that as well. Hard to judge 4 hours from COB. I will wait for another 40 mins or so and see where we are. My gut says move but we shall see.

I did cash in on V and SGEN earlier this morning. Small profit but I'll take it. Looking at a couple more stocks but only on my wish list. Those beaten down stocks are surging today, due to vaccine I suppose. Not a bad bet probably but still early in the process imo.

Well markets have moved down from morning highs. I'm not so sure we move back up a little more before the close to give us a green day but I'm not moving out of C/S. I do think we get a couple more up days here to come and I don't want to miss those. Not sure about my instinct/guess but I do think that will be the case before the end of the month. We should get some better news than expected on earnings too so maybe that helps keep us up a little longer. I just get the feeling we move the opposite of what everyone thinks so that's why I'm sticking to C/S for now. I know real fine analysis but I'm not one of those. Just trying to save more than I lose.

Originally Posted by LTJPFED

I forgot to add my move on 7/2 went 60S 40C, still there.

No AutoTracker account?

Been sitting in G for a while, had a move back in September, nothing in October. I was hesitant simply because of all the uncertainties out there. No point in going into all the current uncertainties because we all know them. But looking at the markets I am hesitant on moving anything until we hear the Fed speak today. I am pretty sure they do. Perhaps we see a pull back after that or maybe a slight push higher. However in my opinion I think we retrace in the /ES and /NQ back to the mid point levels around 3380-3400 on ES and around 11550 on the NQ. After that perhaps we pull back down to the lower part of that range about 3200 and 10700 respectively. After that it could get interesting. Do we retrace back down to a lower range of 2800-3k and 9800-10k or do we just trade in the upper range for a while before breaking higher? That's where I'm looking to maybe make a move to not only get back into C & S, perhaps the lower support of the upper ranges. I will be looking to add into stocks as well at those levels. Trading up here is not wise unless you want to short the markets. Not bad if you trade futures. Eventually we will move higher into new ranges but for now we trade the range we have been in. Perhaps we break out into that new range in Q1 or Q2. But for me I will be sitting on hands until I see that retrace to the lower part of the ranges.

Just wanted to add I think the markets are sucking buyers in before the floor drops out. We are looking at a potential double top in ES and NQ which can be bearish. So that is another reason I'm holding out for a better entry into the markets and stocks.

Maybe I'm just tired of not making any money or perhaps I just have a gut feeling I am making this move today. I probably should have moved on Friday but oh well that is just typical for me. My timing is usually off so I'm really hoping this move pans out. I know you guys need it but I really need it. I'm so far behind because I didn't make too many moves last year because I was afraid we were going to crash again so it kept me in G and needless to say I didn't make anything last year. So I'm hopeful this year I can make some positive changes for my TSP. I need it bad. I don't want to be working until I'm 80.

Anyway I made my 1st move of the year as 20G 50S 30I

Hopefully this works out. I have to do a better job this year! I wish you guys all the best!! For those staying patient I for one understand. But for those who made moves already this year and are kicking butt congrats on those gains!!