I’ve been doing some analysis of my trading and I’ve determined that I’ve been overtrading my account. I’ve been going in and out of positions too much trying to catch some wiggles instead of being patient with the bigger moves. The net result is that over the past few weeks I’ve been churning my account [...]
The chart of the day today was the Yen/Dollar pair. This can be traded via FXY. I think this can run back to its highs at $114. I would want to get in close to $106-106.50 and use today’s low as my stop out ($105.42).
I did reorganize my portfolio a bit today. With earnings season [...]
This week I have less general market commentary and more focus on specific stocks. I’m seeing more long opportunities than short opportunities, but I am generally seeing a good balance of both. Many of my ideas from last week are also still valid.
The action in the QQQQs was actually quite helpful last week. I had [...]