Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (76134)	1/27/2023 8:34:47 AM
From: Sam	3 Recommendations Recommended By Lee Lichterman III Lou Weed The Ox Read Replies (2) \| Respond to of 97462

Instead of selling everything on January 2 and taking a 10 month vacation from the market, I continued to be on margin. All year. And had the worst year since 2008. So it goes.... DON'T FIGHT THE FED!!!!!

To: Jacob Snyder who wrote (76134)	1/27/2023 9:17:59 AM
From: Lee Lichterman III	3 Recommendations Recommended By ajtj99 The Ox towerdog Read Replies (1) \| Respond to of 97462

My mistake is I held a few losers too long. I had 3 trades that killed my year. Other than those, I had an above average win/loss percentage which is what contributed to my errors. I didn't want to blow my streak so held for a recovery. Right now I'm on a 10 in a row win streak. I'm 58/20 for the year so far and almost all the losers are from when I tried TNA. I just never got a feel for it so I am back with SPY, UDOW and SPXL/SPXS where I bat more around 90%+ Looks like the Hoodies are making a come back. Explains a lot of the recent action... * BREAKING NEWS: Fintwit Survival Rate jumps from 54% to 72% in a month, as monkeys who blew up in 2022 suddenly added money back to their accounts & raised more other people’s money 🙏🙏🙏 pic.twitter.com/8c3flG1pf9 — ShrubGPT 🌳🔥👹🇺🇦 (@agnostoxxx) January 27, 2023

To: Jacob Snyder who wrote (76134)	1/27/2023 9:34:59 AM
From: Lou Weed	6 Recommendations Recommended By ajtj99 Lee Lichterman III rimshot skier31 The Ox and 1 more member Read Replies (2) \| Respond to of 97462

THE biggest lesson I learned from my smoke-filled room....... Trade what's in front of you, follow price action and not where you THINK the market should be going. The market doesn't give a shit what Lou thinks...... Patience, don't predict, react.....

To: Jacob Snyder who wrote (76134)	1/27/2023 10:10:07 AM
From: towerdog	5 Recommendations Recommended By ajtj99 Lee Lichterman III Lou Weed skier31 The Ox Read Replies (1) \| Respond to of 97462

I had a great year and have no regrets......worked myself out of some big hole's portfolio is hitting an all-time high today. I don't over think it and put a lot of work into it on a daily basis.

To: Jacob Snyder who wrote (76134)	1/27/2023 10:40:31 AM
From: Qone0	3 Recommendations Recommended By ajtj99 Lee Lichterman III skier31 Read Replies (3) \| Respond to of 97462

I can't seem to trade a longer term pattern very well. Seems I always set the profit lock stop to tight and it gets hit. I working on it though. <G>

To: Jacob Snyder who wrote (76134)	1/27/2023 11:27:57 AM
From: skier31	5 Recommendations Recommended By ajtj99 Lee Lichterman III Lou Weed The Ox towerdog Read Replies (1) \| Respond to of 97462

Too many mistakes - Holding on to small winners thinking they woud become a larger winners and letting them turn into a loss. Mainly trading the long side. Being too early. Being impatient. Allowing losses to become big losses. Not planning trades. Too afraid to play the dark side.... Only thing I did right was took losses or closed most trades that I thought could get ugly on Jan. 10th and remained mostly cash since...

To: Jacob Snyder who wrote (76134)	1/27/2023 6:28:26 PM
From: ajtj99	6 Recommendations Recommended By Lou Weed Mevis rimshot skier31 The Ox and 1 more member Read Replies (1) \| Respond to of 97462

There were some times when I went too large in KOLD or BOIL, and I couldn't handle the swings in volatility, getting stopped out for losses. I found that if I kept my positions smaller, I could ride out the swings far better and make highly profitable trades in KOLD and BOIL.