After taking a beating yesterday, I decided to stop the bleeding and flat out move to cash. The run I have been on this last month has been absolutely insane, so I figure it’s time to clear my position sheet as well as my head, and get ready for the next move
The number of setups in my watchlist has been reduced tremendously, and most of the patterns from the top 10 video are non existent.
900 looks like it will become a brick wall, with 875 being a temporary floor. Until we break this range I will likely let the market chop around while I hold onto cash. The best thing you can do as a trader is let the setup come to you, and right now we need a few days for some pattens to develop.
Can the NASDAQ regain the 20 day? Keep an eye on it.
oh, so wise. Why don’t you do the covestor thing? I know some of you guys do it.
Sage advise, I am 90% cash 10%prec metals and shit I’m buried in. Totally blew two days prep work by getting side tracked into ETF shit..Stick to your plan IDIOT is now on a 3m sticky note ,top of screen..cost me $ ..sometimes I don t know WTF comes over me..burned out a bit I guess..And you don t have to prove anything re. covestor. You guys don t strike me as anything but real..
Good move RC.
so does FLOW suck now? looks like an inverted scallop that retraced 50%… shouldn’t we hold on for $2.40 or so?