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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 685.40+1.2%Jan 21 4:00 PM EST

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To: Mevis who wrote (95703)8/19/2017 12:39:15 PM
From: codfish231 Recommendation

Recommended By
Mevis

   of 222194
 
You're welcome. I also usually do the reverse on the way down. For instance, yesterday having sold 16 at 2438, I covered 2 at 2434, 4 at 2431, 8 at 2427.5, and the final 16 at 2425.

I was briefly negative for the day when the market traded at 2437.5 and above, but it didn't make me sweat much.

I have been trading pretty much this way all year, and have been doing much better than past years. I have had a couple of bad trades where I had to admit defeat, but the winners FAR outweigh the losers.
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