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Strategies & Market Trends : Befriend the Trend Trading
SPY 675.37-1.2%Nov 4 4:00 PM EST

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To: Dr. Stoxx who wrote (39560)11/26/2008 9:07:58 AM
From: Bananawind  Read Replies (1) of 39683
 
I just started reading your book this week. I saw mention of SI and looked up this board. It's great to see that you may be starting up the board again. I'll contribute what I can.

I started trend trading in earnest back in late June of this year and worked my way back to even on the year by the end of August. I have been cautious for most of the year holding at least 50% cash and finally 100% cash after getting stopped out of everything by late September or early October. I don't wish to daytrade so I've spent my time reading and preparing for better market conditions.

I did make my first buy in over a month on Monday. It's just a small position on a stock I have been watching all year. If I can figure out how to attach a chart on SI I'll post it.
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