Bro - I am with you.   The key and most difficult part of trading is timing (which time horizon are you trading on - short, swing or long - in fact I think if the boys used these terms more explicitively it would help vs. "trade on your time horizon" ; furthermore I think they should be define short=1-2 weeks, swing=1-2 months, long => 3month...I made that up but would love for the boys to entertain) and of course greed.  When you get a winner take it - sold my NIO at small $400 profit at 22.20, then got stopped out on the rest for $130 loss.  One of the things I try not to do is get back in, when the trade is over, it's over, no 2nd winds (painful lesson)- only exception to this is when there is a wedge with a back test. As I posted yesterday NVDA was awesome but I got out at 540 - no 2nd winds ; we could watch for a back test though.  I'm still holding my 2nd entry on the QE BTS cause Matt said follow the momo (momentum) and actually bought a little more today (I also hedged it with a daily puts for Friday)- both are flat on the trade but time will run out on the hedge so i'll cash it when green if resistance holds no matter what.  Matt and Steve are the best in the business.  Period.  They aren't fortune tellers but I kind of am and if September was bad for you like it was for me well don't fret, I feel a change coming to your tide ;) and mine lol.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!