Saturday, June 9, 2018

The reason I don't post anything about trading anymore.

is very simple.

I've realized one key thing in trading success after being through earlier this year is to keep it to yourself. I usually liked to talk about the market here and some other trading forums. I easily got carried away and the market punished me with no exception.

After I totally shut up, yes, totally, things get better. Work is good, trading is good and life is good.

Keep it simple.


Sunday, January 28, 2018

I have no idea where the market is heading next week.

 I have been bullish for several weeks and I started with the neutral position and I cut loss on the short position during the week last week.

I still think the bull will take a break but I honestly don't know. As a result, I have the neutral position again for the coming days.  Let's see.

 2860+-/5 -----2900+/-5 !!!!!!!!

Saturday, January 27, 2018

New high every week..

So is my account balance.
 
IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA26071.7226616.71544.992.17.7
Nasdaq7336.387505.77169.392.38.7
S&P 5002810.302872.8762.572.27.5
Russell 20001597.631608.0610.430.74.7



Sunday, January 21, 2018

What to expect next several days.

Last week Range ES: 2769-2815.  NQ:  6729-6857. Vix: 11.27.
I do feel that there is not much up momentum in the market for the next several days. They probably would stay in this range for a while before making a move.
I believe that ES will close above 2800 by the weekend. Maybe we will see some weakness on Tuesday and Wednesday and probably on Thursday as well.
The trading range for ES: 2790+/-5 - 2820+/-5. NQ:  6780- 6870? Let's see, It's still earning session. The incident of the government shuts down might shake the market a bit. That's it.


Last time Shut down Chart


Saturday, January 20, 2018

Week in Review



IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA25803.1926071.72268.531.05.5
Nasdaq7261.067336.3875.321.06.3
S&P 5002786.242810.3024.060.95.1
Russell 20001591.971597.635.660.44.0

The reason I don't post anything about trading anymore.

is very simple. I've realized one key thing in trading success after being through earlier this year is to keep it to yourself. I usua...