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Post by theMist on Feb 17, 2017 12:04:19 GMT -5
I would love to turn our biz over to my wife and do this full time. But I'm not sure she has enough grit to run it on her own haha That ain't workin' that's the way you do it Money for nothin' and chicks for free Now that ain't workin' that's the way you do it Lemme tell ya them guys ain't dumb Maybe get a blister on your little finger Maybe get a blister on your thumb .... I want my! I want my! I want my short TVIX! lmao
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Post by walnut on Feb 17, 2017 12:05:17 GMT -5
I have a goal of 10% a month, have been hitting it pretty easily every month and then some, still a little short for this month
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Post by theMist on Feb 17, 2017 12:05:23 GMT -5
VXX 17.69 and testing lod Nice! Nice! My babies!
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Post by walnut on Feb 17, 2017 12:05:47 GMT -5
damn VXX leaving me behind
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Post by theMist on Feb 17, 2017 12:06:07 GMT -5
I have a goal of 10% a month, have been hitting it pretty easily every month and then some, still a little short for this month That's awesome!!! I'm sure there are a lot of paid professional (and I mean a lot) that would love those type of returns!
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Post by theMist on Feb 17, 2017 12:07:47 GMT -5
damn VXX leaving me behind At least you weren't foolish to put in a stop limit order and got stopped out for a loss. I learned that one real fast and promised to never do that again. Somehow, someway, the bots will run my stop (to the penny) and then drop back down hard again and leave me in the dust! lol
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Post by walnut on Feb 17, 2017 12:08:43 GMT -5
My concern about making sort of a business out of this is- avoiding significant losses. And we have been doing pretty well on that, I think that TA is very helpful in that way.
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Post by theMist on Feb 17, 2017 12:11:38 GMT -5
My concern about making sort of a business out of this is- avoiding significant losses. And we have been doing pretty well on that, I think that TA is very helpful in that way. Besides knowing VIX Futures, TA is everything -- especially S&P and then VXX - in that order. And I could not have managed my returns without having used leverage on a daily basis. There's no way I could have matched my performance by simply leaving on a small VIX SCAM position on all the time and just let it ride. Obviously, you know my trading style now and how I manage risk and how I minimize losses and MAXIMIZE GAINs. With complete trust in my ability to read the charts!
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Post by walnut on Feb 17, 2017 12:14:45 GMT -5
Oh god I missed out on thousands. What a day
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Post by theMist on Feb 17, 2017 12:16:35 GMT -5
Oh god I missed out on thousands. What a day yeah -- its okay -- we'll have other days I'm up about 4Gs right now -- still holding 20k short VXX at 17.82 cost avg VXX back under that 200ema at 17.64 and backtesting it from below it now VXX 17.63
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Post by walnut on Feb 17, 2017 12:17:58 GMT -5
Fridays I just can't do this, and I have to leave in a few
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Post by theMist on Feb 17, 2017 12:20:11 GMT -5
Fridays I just can't do this, and I have to leave in a few I hear ya -- working does tend to get in the way. lol check in later from phone
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Post by theMist on Feb 17, 2017 12:23:11 GMT -5
Solid VXX move w/confirmation below that new white line and you can stick a fork in the SCAMs. IMO adult image upload
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Post by theMist on Feb 17, 2017 12:26:11 GMT -5
Here's a more clearer picture of that VXX triangle WITH slanted H&S in it. If breaks below it and gets confirmation -- then VXX measures at around VXX 16.30 range So far the line is holding up as I type. VXX tagged it at VXX 17.54 (lod) But the longer it takes and gets closer to the Apex -- it will weaken the move down (assuming we get confirming break below white line) and possibly can false break to the downside. VXX 17.61 upload a picture
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Post by theMist on Feb 17, 2017 12:37:31 GMT -5
Trump coming on CNBC -- I have a feeling thats why VXX jumped 10 cents after hitting 17.54 lod. lol
And putting VXX in neutral for now after hitting VXX 17.54 lod.
VXX 17.60
Unless Trump says something to trouble markets -- VXX should hit new lod and take out that white line. IMO
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Post by Herceg on Feb 17, 2017 12:43:18 GMT -5
I've had to fight through some trades today..............all positive but one trade needing to work my way out...............hopefully I can do it by eod, which unfortunately means no rest before work..........mkt closed Monday, so would prefer close today..........I'm sure I can get out on Tuesday but hate long weekends unless I'm all closed...............JMO and BOL............
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Post by theMist on Feb 17, 2017 12:50:45 GMT -5
Forgot markets were closed Monday
Thx for reminding me Herc
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Post by theMist on Feb 17, 2017 12:59:11 GMT -5
Nice! My babies! VXX 17.53
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Post by theMist on Feb 17, 2017 13:11:16 GMT -5
VXX broke below white line and backtested successfully so far and VXX should head lower But I would have liked VXX to break sooner and instead is now very close to its Apex and so far its a weak move lower So I wouldn't put much into that VXX 16.30 range target AND this simply could be a widening and creation of a larger pattern (possibly larger triangle) contango now 10-11% image
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Post by theMist on Feb 17, 2017 13:15:02 GMT -5
Some of the money I make today trading will go to the church I go to (Calvary Chapel Island of Grace). Calvary chapel is the real deal and have a lot of heart and help others domestically as well as abroad. They're raising money to help orphaned children here and in Uganda. Spiritual needs first then the physical needs like food, housing, and medical care.
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