Thanks, James. Time to go have dinner, and get away from
the computer. I have set a limit order for the other half of
the trade at 3955 (the trigger for the more profitable Bear Long
System). Hopefully, March brings a rally so that we can close
out all of the System trades and we can start again with more
definitive signals.
Posted by fredsaid on 28th of Feb 2023 at 11:56 pm
All aboard the 3955 express ! Um where should the
stop loss be ? Helpful post James. I'm a little
concerned about the weather in NY for the next couple days... rainy
days are rarely good for the market and the next full moon isn't
till next Tuesday... oof...if that plays out, get ready for 3rd
entries, and if so, I expect will BEAR fruit.
"I will take a half
Systems Trend/Pullback may trigger today
Posted by James_Roe on 28th of Feb 2023 at 07:11 pm
"I will take a half position (of a second entry)"
That's probably what I would do to, but want to leave the actual decision up to Matt, who is I think home and should be weighing in shortly.
Thanks, James. Time to go
Posted by Ray on 28th of Feb 2023 at 07:22 pm
Thanks, James. Time to go have dinner, and get away from the computer. I have set a limit order for the other half of the trade at 3955 (the trigger for the more profitable Bear Long System). Hopefully, March brings a rally so that we can close out all of the System trades and we can start again with more definitive signals.
All aboard the 3955 express
Posted by fredsaid on 28th of Feb 2023 at 11:56 pm
All aboard the 3955 express ! Um where should the stop loss be ? Helpful post James. I'm a little concerned about the weather in NY for the next couple days... rainy days are rarely good for the market and the next full moon isn't till next Tuesday... oof...if that plays out, get ready for 3rd entries, and if so, I expect will BEAR fruit.
Full moon isn't till next
Posted by fredsaid on 1st of Mar 2023 at 09:32 pm
Full moon isn't till next Tuesday... more clouds, rain and cold in nyc tomorrow... JS