tag:blogger.com,1999:blog-7130708113832839690.post4551477189118010106..comments2023-10-29T02:04:09.499-07:00Comments on Smart Money Tracker: Portfolio changeGaryhttp://www.blogger.com/profile/14556370683669428668noreply@blogger.comBlogger69125tag:blogger.com,1999:blog-7130708113832839690.post-10154986761162173032011-06-14T09:55:09.071-07:002011-06-14T09:55:09.071-07:00DG,
I agree, I have been working on sizing of orde...DG,<br />I agree, I have been working on sizing of orders (entry, add ons)to help towards risk management. But just got that feeling yesterday. So now I can recognize it and take that into trading decisions. :)...at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-83104882518473414982011-06-14T09:53:25.198-07:002011-06-14T09:53:25.198-07:00I regret not taking profits on DUG and DUST yester...I regret not taking profits on DUG and DUST yesterday, just going to have to sit tight for now.William Wallacehttps://www.blogger.com/profile/00404327612332368010noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-55546564482052772522011-06-14T09:46:07.963-07:002011-06-14T09:46:07.963-07:00At Ease: Actually I think tactics, risk management...At Ease: Actually I think tactics, risk management, etc. are more important than indicators and harder to do well. It's an area where I need to improve, as I sometimes find myself "right" on a move and still make little or even lose.DGhttps://www.blogger.com/profile/15668568316531084679noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-89556157047279672832011-06-14T09:23:48.405-07:002011-06-14T09:23:48.405-07:00DG,
Just wanted to let you know that i appreciate...DG, <br />Just wanted to let you know that i appreciate your trading tips, as there are more than technical indicators to learn. :)...at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-5689822569064858582011-06-14T09:19:49.629-07:002011-06-14T09:19:49.629-07:00DG,
Exactly, I was having that feeling again, yes...DG, <br />Exactly, I was having that feeling again, yesterday with those nice profits coming in. I thought of taking some profits, but didn't. <br />So at least I can recognize that feeling now and not second guess myself. :)...at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-30410705658269358072011-06-14T09:11:20.250-07:002011-06-14T09:11:20.250-07:00At Ease: I wouldn't necessarily sell everythin...At Ease: I wouldn't necessarily sell everything, but if you are feeling smug and proud of yourself, sell some. The risk is missing getting back in if you are right and we are only half way down.DGhttps://www.blogger.com/profile/15668568316531084679noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-62593207695604123332011-06-14T09:10:14.981-07:002011-06-14T09:10:14.981-07:00Ryan: I tend to sell add-ons at break even if they...Ryan: I tend to sell add-ons at break even if they pull back, so I sold a little EUO yesterday at 17.14 and again later that day at 17.00. Am content to hold what I have left for now (all bought below 16.88).DGhttps://www.blogger.com/profile/15668568316531084679noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-54348801201163072032011-06-14T08:30:22.171-07:002011-06-14T08:30:22.171-07:00DG,
I was counting and smiling at those profits ...DG, <br /> I was counting and smiling at those profits coming in yesterday, I should have sold at the point and took those profits!<br /> So your tip prior when that happens, time to sell. I have experienced that twice now, so will remember that one going forward....at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-54689908768263024722011-06-14T08:18:21.580-07:002011-06-14T08:18:21.580-07:00Ryan,
Just to clarify...
I am out of the model po...Ryan, <br />Just to clarify...<br />I am out of the model portfolio with a teeny profit, and small loss from EUO and DUG. <br />I leave for London tomorrow and don't have time to mess with trading in and out, so just clearing the decks. Still going to ride the GLD/SLV puts as I have time with those....at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-34602261092867421922011-06-14T08:13:08.846-07:002011-06-14T08:13:08.846-07:00This comment has been removed by the author.William Wallacehttps://www.blogger.com/profile/00404327612332368010noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-26429503308336115332011-06-14T08:11:17.822-07:002011-06-14T08:11:17.822-07:00Ryan,
I bailed on all (including EUO) but held m...Ryan, <br />I bailed on all (including EUO) but held my GLD and SLV puts. I would rather hang on and play the PMs on the upside with funds intact. Lesson learned: don't hesitate to jump in, but get out when profits are there on the short side....at easehttps://www.blogger.com/profile/10646534194479581902noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-19950171349281906432011-06-14T07:43:52.483-07:002011-06-14T07:43:52.483-07:00Ryan, pick your stop and stick with it... don'...Ryan, pick your stop and stick with it... don't sweat the wiggles...good stop is recent swing low...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-11695235354175989462011-06-14T07:42:23.135-07:002011-06-14T07:42:23.135-07:00Ryan, I added EUO at 16.86 just as a day trade. I...Ryan, I added EUO at 16.86 just as a day trade. I'll get out of it either way today.CMThttps://www.blogger.com/profile/07345951670204944161noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-25438383436520792912011-06-14T07:40:46.306-07:002011-06-14T07:40:46.306-07:00Russell,
First notice is exactly that, the first ...Russell,<br /><br />First notice is exactly that, the first notice one receives for physical delivery of the asset on a certain date. The contracts dont expire until later in the month. For example, the gold futures contracts for august have a first notice on july 29th but the last trading day is aug 29th. Since you will not be interested in receiving physical delivery of Gold you would sell your contract before first notice or you can roll it over into the next months contract (sell you aug contract and buy jul) As for the way expiration, or the last trading day effects price action thats another story. Sometimes there is no effect at all.William Wallacehttps://www.blogger.com/profile/00404327612332368010noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-16964257238813082262011-06-14T07:40:13.589-07:002011-06-14T07:40:13.589-07:00New post.New post.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-68051162166914530532011-06-14T07:39:16.999-07:002011-06-14T07:39:16.999-07:00Speculation Chart 10min SPY:
http://screencast.co...Speculation Chart 10min SPY:<br /><br />http://screencast.com/t/FqHGtehrpa2oGann360https://www.blogger.com/profile/00449684663494321232noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-26489079092168397332011-06-14T07:37:14.128-07:002011-06-14T07:37:14.128-07:00I'm still long my miners and now down .25% of ...I'm still long my miners and now down .25% of total capital. The trade might work out after all, although I'm not adding to positions after the rout they took. I've found a good beating will take the starch out of a move, and even if it works the profit potential is diminished.<br /><br />No need for me to watch today, so signing off til later. Good luck!Shalom Bernankehttps://www.blogger.com/profile/16590351870092138098noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-28790365239206030262011-06-14T07:34:30.712-07:002011-06-14T07:34:30.712-07:00Gary was absolutely right, you can drive yourself ...Gary was absolutely right, you can drive yourself nuts with all of these sharp rallies and wiggles. I have about 25% in gold/oil put options now and I'm literally going to have to not check my account for a few weeks if I want to maintain any sanity.Harryhttps://www.blogger.com/profile/13920411547210530366noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-52236361340338043742011-06-14T07:33:35.194-07:002011-06-14T07:33:35.194-07:00DG or anyone,
Anybody adding EUO here or bailing?DG or anyone,<br />Anybody adding EUO here or bailing?Ryanhttps://www.blogger.com/profile/09040791341895771104noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-1392808026465890282011-06-14T07:30:49.058-07:002011-06-14T07:30:49.058-07:00Amex gold miners index popped today.Amex gold miners index popped today.William Wallacehttps://www.blogger.com/profile/00404327612332368010noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-61510237590073248962011-06-14T07:29:59.213-07:002011-06-14T07:29:59.213-07:0010 min SPY CHART
http://screencast.com/t/riCL886...10 min SPY CHART <br /><br />http://screencast.com/t/riCL886Eob1rGann360https://www.blogger.com/profile/00449684663494321232noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-71506701657381802402011-06-14T07:24:33.637-07:002011-06-14T07:24:33.637-07:00I think in the coming days, gold is going to attem...I think in the coming days, gold is going to attempt to confirm a new cycle that was printed yesterday, not far from it's 50dma. <br /><br />Then a LT cycle with a rising dollar will set up the move to the IT lows nicely. Path of least resistance, IMO.Polyhttps://www.blogger.com/profile/01101104361466256156noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-10692534591942636682011-06-14T07:22:42.778-07:002011-06-14T07:22:42.778-07:00Anyone,
I read Turd Ferguson's blog after D...Anyone,<br /> I read Turd Ferguson's blog after Dan mentioned it yesterday. It certainly reflected capitulation. He mentioned a 1rst notice being sent out re his futures contracts. Can some future traders please educate me re the notices and expiration timing for these futures. This could affect the price action, right?Russellhttps://www.blogger.com/profile/08300146368900125257noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-6360121709534568702011-06-14T07:11:10.050-07:002011-06-14T07:11:10.050-07:00Dollar dropped slightly, gold took silver for ride...Dollar dropped slightly, gold took silver for ride.William Wallacehttps://www.blogger.com/profile/00404327612332368010noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-31456088155764907882011-06-14T07:07:22.704-07:002011-06-14T07:07:22.704-07:00Yeah, it's all about the Dollar.
Dollar Up = ...Yeah, it's all about the Dollar.<br /><br />Dollar Up = Metals/Markets Down ,Gann360https://www.blogger.com/profile/00449684663494321232noreply@blogger.com