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I won't bet 1257 simply because of this statistics.SigmaEcho wrote:Hi Cobra,
In the last 80 year the 3rd presidential years have been up 18 out of 20 times, so I have read. So odds favor SPX closes the year above 1257. How do you value these stats?
Thanks
Is the target 1290-1310 still valid?Cobra wrote:I won't bet 1257 simply because of this statistics.SigmaEcho wrote:Hi Cobra,
In the last 80 year the 3rd presidential years have been up 18 out of 20 times, so I have read. So odds favor SPX closes the year above 1257. How do you value these stats?
Thanks
that target is just reference, don't trade based on that.noob wrote:Is the target 1290-1310 still valid?Cobra wrote:I won't bet 1257 simply because of this statistics.SigmaEcho wrote:Hi Cobra,
In the last 80 year the 3rd presidential years have been up 18 out of 20 times, so I have read. So odds favor SPX closes the year above 1257. How do you value these stats?
Thanks
gold more down. you can find how I'd likely trade on gold form my daily portfolio update. The system I'm using HAD 80%+ winning rate.vats wrote:does anyone still see more downside for gold and silver? temporary bottom?
thanks!
LOL, all-in is the only way to boost the portfolio, but also, give you a heart-attack if it goes against you, like in Aug-Oct with the big one day moves, was down $250k in one day, but by the end of the day was neutral, but was sweating it the whole time...TraderGirl wrote:Haha our trading styles are pretty much the same then.
Even for short duration trades....it usually consists of 100% of my portfolio.
I don't mind losing 2-3% to make 12-17% and on a day trading time-frame, the market quickly tells you if you are wrong or right which is great....And usually for me, these day-trades eventually evolve to the swing positions if the market keeps adding more reasons for you to hold...
It's bottomed when you give up anticipating the bottom and all the smart(ass) reporters and anal-ysts say 500 is coming.vats wrote:does anyone still see more downside for gold and silver? temporary bottom?
thanks!
Hi Cobra,Cobra wrote:noob wrote:Cobra wrote:SigmaEcho wrote:
that target is just reference, don't trade based on that.
right now the odds are, assume we close right here, then the selling isn't over yet, and yesterday's high is likely revisited. All based on the past patterns.
LOL, all-in is the only way to boost the portfolio, but also, give you a heart-attack if it goes against you, like in Aug-Oct with the big one day moves, was down $250k in one day, but by the end of the day was neutral, but was sweating it the whole time...TraderGirl wrote:Haha our trading styles are pretty much the same then.
Even for short duration trades....it usually consists of 100% of my portfolio.
I don't mind losing 2-3% to make 12-17% and on a day trading time-frame, the market quickly tells you if you are wrong or right which is great....And usually for me, these day-trades eventually evolve to the swing positions if the market keeps adding more reasons for you to hold...
damn 250k holy sh*t... u have more balls than me[/quote]heavenskrow wrote:LOL, all-in is the only way to boost the portfolio, but also, give you a heart-attack if it goes against you, like in Aug-Oct with the big one day moves, was down $250k in one day, but by the end of the day was neutral, but was sweating it the whole time...TraderGirl wrote:Haha our trading styles are pretty much the same then.
Even for short duration trades....it usually consists of 100% of my portfolio.
I don't mind losing 2-3% to make 12-17% and on a day trading time-frame, the market quickly tells you if you are wrong or right which is great....And usually for me, these day-trades eventually evolve to the swing positions if the market keeps adding more reasons for you to hold...
Now, the markets a little more tame... but Im more calculated on my big moves...
still wearing shorts myself - aloha stylecougar wrote:Just got a continuation/confirmation of Volpinacci’s SELL signal, published yesterday,at about the same time.
Staying with some shorts overnight…