Hi Chessnwine, Just wanted to say I appreciate your analysis. I just came to this site a few weeks ago In the past two years I have read 15 books on trading,but “am not there yet”..I went back and read all your posts from the last 6 weeks and was mostly impressed by your unbiased view points. I wanted to see how you re-acted to the “end of Aug,early Sept bottom” by your posts,and just want to say I think your very good. Someday I hope to be successful at this,and really have come to appreciate the effort and discipline needed to be a good trader. Thks for the help you give to others! Happy Thanksgiving,( I’m Canadian) . Regarding my blog name, I,m a carrot farmer.
Only use it as a very short-term trading vehicle. RIght now, I think FAZ is one of the worst plays to make, given the broad market strength and financials showing signs of life.
Chess, thanks for taking the time to blog in such detail. You’ve been a great teacher and have helped me immensely with my trading discipline. I was looking at CTRP on Friday and wondering whether you think the back-test to the 20EMA looks like a good set-up? TIA
Chess, once again very helpful. Like the way you think and you present well! Learning so much from you.
Agree to take what the market gives me and using ta as a major component in my decision making.
As a hedge I have been buying K and GIS with some of my cash. No ta here, just playing defense. It seems market may continue to melt up but I am making a defensive play with the low beta food companies. Much depends on QE 2 and regulators positive attitude toward business prior to the election. As we all know things can change very quickly.
Also followed you with tie, wynn (added when you recommended), and mstr. Have starter in akam @ 45. Made a quick gain with nano. My gain in nano will pay full membership for 2 years in the PPT. Thanks again for nano. Tried dzz but not for me, small loss. Watching atpg, will try to hop on if it breaks out.
Another very helpful video teacher. Always appreciated.
My pleasure, dear.
Hi Chessnwine, Just wanted to say I appreciate your analysis. I just came to this site a few weeks ago In the past two years I have read 15 books on trading,but “am not there yet”..I went back and read all your posts from the last 6 weeks and was mostly impressed by your unbiased view points. I wanted to see how you re-acted to the “end of Aug,early Sept bottom” by your posts,and just want to say I think your very good. Someday I hope to be successful at this,and really have come to appreciate the effort and discipline needed to be a good trader. Thks for the help you give to others! Happy Thanksgiving,( I’m Canadian) . Regarding my blog name, I,m a carrot farmer.
Very much appreciate your feedback. Feel free to continue to comment and ask any questions you may have.
what percentage of your portfolio constitutes a full position for you?
almost always 8%
Chess – can you share your thoughts on FAZ ?
My thoughts on FAZ:
Only use it as a very short-term trading vehicle. RIght now, I think FAZ is one of the worst plays to make, given the broad market strength and financials showing signs of life.
Chess, thanks for taking the time to blog in such detail. You’ve been a great teacher and have helped me immensely with my trading discipline. I was looking at CTRP on Friday and wondering whether you think the back-test to the 20EMA looks like a good set-up? TIA
Chess, once again very helpful. Like the way you think and you present well! Learning so much from you.
Agree to take what the market gives me and using ta as a major component in my decision making.
As a hedge I have been buying K and GIS with some of my cash. No ta here, just playing defense. It seems market may continue to melt up but I am making a defensive play with the low beta food companies. Much depends on QE 2 and regulators positive attitude toward business prior to the election. As we all know things can change very quickly.
Also followed you with tie, wynn (added when you recommended), and mstr. Have starter in akam @ 45. Made a quick gain with nano. My gain in nano will pay full membership for 2 years in the PPT. Thanks again for nano. Tried dzz but not for me, small loss. Watching atpg, will try to hop on if it breaks out.
Enjoy the ride for as long as it lasts.
Great stuff, Bill.
EXCELLENT video chess