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I agree and will be looking for re-entry soon.
So pissed this dropped so low this morning but market chopfest continues strong!
FAK!!
Holy crap are these markets ever choppy or what? This is getting a little ridiculous!!
markets are spinning my head around...
It looks like so far buying the gap down on UGAZ and selling the gap up on UWTI was the right play!
But how quickly things do change around here so lets see where they are at by the EOD...
UWTI- Damn I was stopped out for the other half of my shares @ 3.25:(
Sold half at the open @ 3.55 and stopped out on half remaining @ 3.25
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109943300
Avg sell @ 3.40
I really didn't think it would get down this low today. I'm pissed I was stopped out but I have to stand by my strategies and goals and protect my gains
I will be looking for a re-entry once things settle down a little..
Good luck!
MNGA- Risky buying at the moment. I did mention yesterday on Orions board that folks should be locking in profits when it was in the .90's
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109910619
Just keep a close eye on support at the 50dma holding, so far so good. You don't want to see it fall and close below it or it's likely to fall down to the mid 60's next.
JMHO
Good luck!
it's still early in the trading day. I wouldn't be surprised to see it create new daily highs this afternoon. Nobody really expected it to hit 3.50 yesterday when it was trading below $3.00 all morning...
We shall see
Yeah when day trading It's always wise to sell on any gaps and buy on the fills... You still made decent gains in the short term;)
Actually I do "invest" money in all of my day trades so I am still technically considered an investor;)
I've explained my trading strategies with ETF trading. It's in the sticky post on the board. I do believe gold and silver will move higher in 2015, however when trading/investing in the paper markets (ETF's) I recommend playing the short term swings and not hold them long term...IMO
JDST- I may have been a little early on this mornings entry and It might test recent lows and create a double bottom before turning back up. if it does test and hold I will be adding to my position. if it doesn't hold and continues lower I may be forced to sell. Lets hope not;)
I do like the chart set up for a double bottom bounce here.
We shall see
BOL
NADL +7%
This was a great buy yesterday @ lows...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109904119&txt2find=nadl
Who said I was "bearish" in gold? Just trying to play the swings for now. Have you not been following the markets in recent months???
Up one day and down the next...Buy the dips and sell the rips while markets remain volatile...IMO;)
UWTI- Sold Half my shares on morning gap and looking to re-enter JDST soon on this dip
EDIT: Back in JDST @ 8.30
Order Details
Good morning SwingKing! Thanks for your thoughts and good luck with your trades today;)
UWTI- My thoughts/opinions
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109940348
Happy trading and good luck!
UWTI - Yes trailing stops are always a good plan when day trading/flipping. it's always wise to protect your gains. Always make sure you follow the Intra-day trading closely to manage your entries and exits accordingly.
If oil prices continue rising today and break past $50 then I expect UWTI could make a push up to test the 20dma.
That is my current short term target, 4.50 range
JMHO
TVIX- U.S. Stock Futures pointing down in Pre-market...
S&P -11.75 / -0.59%
Nasdaq -23.75 / -0.57%
Dow -79.00 / -0.45%
UWTI- Oil futures pointing up
BlackBerry soars 30% on reports of Samsung bid
http://money.cnn.com/2015/01/14/investing/samsung-blackberry-offer/index.html
Only RUMORS for now...Big drop in AH trading
I'm seeing your spam posts all over the place on the hub. You should think about changing your name to MR.SPAMICULOUS;)
Only warning!! NO PINKSHEET or OTCBB stocks on GoodFellas "Big Board" Plays!
Happy trading & BOL
UGAZ- Yep very nice day! It's got some gaps to fill on its way up.lol;)
I'm scanning through my oil stocks watchlist and It really looks like most are finding or have found a bottom. I think now is a good time to consider taking positions on some of your favourites.
The last 4 charts showing double bottoms in the making.
All JMHO
Link back to see...
For those who prefer trading stocks vs ETF's, below are two lists of my favourite Oil/Gas & Gold/mining stocks in 2015.
Gold/mining watchlist(my favourites)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109643615
Oil/Gas watchlist(my favourites)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108917048
For those who prefer trading stocks vs ETF's, below are two lists of my favourite Oil/Gas & Gold/mining stocks in 2015.
Gold/mining watchlist(my favourites)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109643615
Oil/Gas watchlist(my favourites)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108917048
NLST- An old friend of GoodFellas once again turning out to be a top Jan Effect play 2015.
Do you remember this one last year? I think it was one of the best J/E plays, what a run!
I really have to start making a list of all the top Jan effect plays each year and then revisit them the following year.
History often repeats itself with many of them.
D'oh!
Too late now, missed opportunity:(
Vlispxpert's Underground list of top ETF/ETN to follow and trade!!
These type of plays are more for technical traders. I do not recommend holding any of them longterm, but that's just my opinion. They can often become very volatile and can carry heavy downside risk but they can also be very rewarding If timed and managed correctly. They can really make for some very nice flips/day trades/swing trades.IMO
This trading strategy is not for everyone, please play accordingly!!
Happy trading and good luck to all;)
UWTI-RUSL-JNUG-TVIX-JDST-NUGT-XIV-DUST
Thank you guys for all your kind words, It's much appreciated, cheers!!:)
I know some of you took a hard hit with TVIX last month. It can be difficult to regain focus when you take hard hits. You start making poor decisions out of frustration or desperation and it can lead to a destructive spiral of bad trades afterwards. I've been there many times myself and I will probably be there again... but if it does we must always get back up and continue moving forward, NEVER LOOK BACk!! jmho
2015 the year of the Shemitah will be a better year
BOL to all
Rocky Balboa said it best;)
GoodFellas list of favourite ETF/ETN to trade!!
These type of plays are more for technical traders. I do not recommend holding any of them longterm, but that's just my opinion. They can often become very volatile and can carry heavy downside risk but they can also be very rewarding If timed correctly and can make for some nice flips/day trades/swing trades.
This trading strategy is not for everyone, please play accordingly!!
Happy trading and good luck to all;)
Nothing wrong with taking profits, especially when you're up 10%,15%,20% with one trade in one day;)
Lets see what tomorrow brings
Damn I was eye balling JNUG @ 31.70 and almost pulled the trigger but hesitated and then didn't feel like chasing it. D'oh!
UWTI- Back to full position EOD and is the only ETF I'm currently holding...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109924499
I hope JDST continues moving up for you tomorrow but I'm just not sure at the moment. If it gaps down or dips hard early tomorrow I will likely jump back in.
BOL