3309 Drysdale Ct
Edwardsville, IL 62025
Agree that for those of us that can't be day trading and
watching things all the time due to regular jobs / other
commitments, as simple as possible having just one system that is
either in or out is preferable to me and negates confusion.
GNAL news today of David Lenigas joining board, hopefully this
adds some more upside momentum.
Steve Reply: What really matters is how he impacts the company
over time. Speculative play and prefer to see progress prior
to playing again. Only a small spec for me
GNAL acting very strange the last couple days. Jumping between
0.49 and 0.59, and right now its at 0.53 with a bid of 0.59 and ask
of 0.63! Anyone have any insight or explanation?
With the S&P dropping back to opening levels, does it
present a decent opportunity to get in on the 1/2 SPY trade, or has
that ship sailed already?
Down in the 5-7% range on SPY/SSO trades so far, would it be
prudent to buy something on opposite side of play for some
insurance if it looks probable the market could collapse further,
or are we still looking for 3rd entry still on the long side?
Or maybe just jetison at this point? Thanks for any advice
or thought on best way to go from here.
No mention of the current SPY trade in the newsletter tonight.
Since it took a long trade a couple days at this inflection
point it would be good to know what your thought is, and if we will
be looking at a 3rd entry possibly, etc. Appreciate all your
work on this stuff, I enjoy the newsletters, trade ideas, etc.
So if we got slaughtered on this trade is it better to sell them
now or hold them right through?
I am sure tempted to buy more XIV at this level but probably
shouldn't since I am trying to stay disciplined with the system and
instead purchased 10% UPRO.... Wild market for sure!
You don't lose money until you sell, so hopefully the SPY system
trade will rebound and come out good at some point! Good luck
I'm definitely far from an expert on all the systems but I think
it is very, very simple if you want to keep it that way (which I
do). Just follow their main recommendations on the SPY
system. They tell you exactly when to get in (and 2nd entry
if applicable), and when to get out. That's it. If you
wantto get complicated and try doing trades on multiple
systems then that requires more attention and due diligence, but no
reason to complicate it unless you really want.
Any advice on the proper trigger price to short HYG in this
wedge? I shorted a little a couple days ago but want to add
to it at the right spot. Any advice is appreciated!
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