Thread: bmneveu's Account Talk

Well I watched the minutes tick by to the deadline this morning and never got out. I've been having trouble pulling the trigger lately. I'm also kicking myself for selling oil at $92~ (bought at $82~) and watching it tick up day by day to a high of $98 so far. I'm considering a short sell on it now but am inexperienced and wondering if anyone knows if seasonality is a factor?

I'm also quasi-forced to down a whole bottle of Korbel because my fiance didnt care for it after one sip. that's hardly a complaint though

Does anyone here trade TNA/TZA and/or day trade regularly? I've been thinking about getting in to that. Looks to be a pretty profitable route with such high volatility.

Originally Posted by bmneveu

Does anyone here trade TNA/TZA and/or day trade regularly? I've been thinking about getting in to that. Looks to be a pretty profitable route with such high volatility.

It can be profitable, but you better be on the right side of the trade with those 3x leveraged ETFs... I have been on the wrong side quite a few times...

Be
Very
Careful

I trade TNA / TZA pretty regularly. Because of the way they are set up, they are NOT good for any kind of buy and hold strategy, but can be useful for short-term trades.

Thanks guys. Gonna stay out and watch for a bit, maybe get my feet wet in a few days.

Originally Posted by bmneveu

Thanks guys. Gonna stay out and watch for a bit, maybe get my feet wet in a few days.

J-Trader has a site you can check out.

http://tsptradertalk.blogspot.com/

very nice! thank you

I'll be getting out if we stay near 12,200 at midday, 100% S to 100% G. Looks like a resistance point right around there. I can see a little pull back / profit taking for the market coming up and then I'll be looking to jump back in a week or so.

moved to 100% G. Like I said before, I'll be jumping in again soon after the dip

I'll be going looooong on any weakness this week. I'm feeling a decent pullback early to mid week which i'll buy and ride for a bit. I'd like to stay in through january but i may just run with some profits.

i said yesterday that i'd buy weakness this week and i still plan to, but i dont see today being the low of the week. if tomorrow we're lower than or around 11900 (about -120 from today's close) i'll jump in. i'll probably keep that target for wednesday as well. i dont remember the price that i got out at -- i should start keeping track of that..

anyone follow the NBA? im a diehard orlando magic fan, which makes me a diehard dwight howard fan. this organization will fall apart if he leaves us like shaq did. between that, PCSing to Georgia tomorrow and planning a January 14th wedding, my stress level has never been higher. I could use a few successful trades to calm me