This worked out beautifully, I'll sell the remainder of my
shares today as it is near 80 now and overbought. An oversold to
overbought move is the holy grail in swing trading. Can't ask for
more than that and I wasn't expecting that kind of run.
I only trade indexes and sectors. No individual names for me as
they are too much of a popularity contest and abused by algos and
market makers. To each is own. It took me years to find my
specialty and I stick to it. If I want more conviction, I go with
leverage
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
This worked out beautifully, I'll
XLP (Consumer Staples) I bought this against the most recent ...
Posted by fundamentalvalues on 20th of Apr 2022 at 08:29 am
This worked out beautifully, I'll sell the remainder of my shares today as it is near 80 now and overbought. An oversold to overbought move is the holy grail in swing trading. Can't ask for more than that and I wasn't expecting that kind of run.
Nicely done - when did
Posted by watcdy on 20th of Apr 2022 at 08:37 am
Nicely done - when did you enter near the March lows ?
Right around the 200 day,
Posted by fundamentalvalues on 20th of Apr 2022 at 08:38 am
Right around the 200 day, yes
Thx- like the idea of
Posted by watcdy on 20th of Apr 2022 at 08:40 am
Thx- like the idea of the Etf or indices vs individual names
I only trade indexes and
Posted by fundamentalvalues on 20th of Apr 2022 at 08:43 am
I only trade indexes and sectors. No individual names for me as they are too much of a popularity contest and abused by algos and market makers. To each is own. It took me years to find my specialty and I stick to it. If I want more conviction, I go with leverage