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2009
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March
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- SPX Falling Wedge Still Holding
- George Soros: The Recession Could Last FOR EVER!
- Possible Falling Wedge Here
- FAZ Setting Up A Reversal
- THE MOST CLASSY THING I HAVE EVER SEEN
- The Art Of Trading Stocks/Index Alerts Service
- Stock Setups
- Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’
- HERE IT IS! FINALLY! 10 DAY FREE TRIAL
- Updates/Breakouts/Breakdowns/Setups
- Trader Thoughts
- Nervous Bulls + Eager Bears
- LONG 4000 FEED at 2.10
- SHORT 400 OIH at 83.27
- LONG 500 DXD at 65.23
- Getting Ready For My Second Trader Interview With ...
- Futures Screaming Higher As Of Now
- Important Week
- Two Setups To Watch
- Medium Term Sell Signal On Indexes
- NR7/Inside Day
- SOLD FAZ 32. 83
- LONG 250 FAZ at 33.4
- 60 MIn Bull Flag on SPX
- The Art Of Trading Stocks/Index Email Alerts Service
- Seeing It Again
- Market Update
- The Art Of Trading Mentorship Program Update
- The Art Of Trading Stocks/Index Alerts Service
- Citi CandleStick
- The Art Of Trading Mentorship Program Update
- SOLD FAZ at 28.63
- LONG FAZ : Hollow candle
- MAjor Short Squeeze
- The Art Of Trading Mentorship Program
- Strong BUYS
- We Could Be Approaching A Major Top Very Soon
- Trading On FED Day..
- Market RALLY Facts
- BINGO! I SEE GREEN!
- Keep FAZ On The Watchlist
- A Market That Refuses To Drop Will ONLY Do One Oth...
- Rock The Vote!
- Don't be Too Eager To Short Here
- My FIRST Trade
- Scanning Thru Several Charts: One Major Problem Fo...
- Anxiety
- Got Lots To Do
- No Edge Here: We Could Be Setting Up A Flag
- OUT FAZ 43.17
- Looking Thru Many Other Blogs
- Nice Reversal At The Close On FAZ
- LONG FAZ: Swing Trade: 300 shrs at 36.48
- Out BAC 6.44
- Long BAC
- On Days Like Today
- BGZ Swing Trade
- Out FAZ: Small LOSS at 37.17
- FAZ: Hollow Candle Number Two
- Pre Market Futures Gapping Higher
- Your Tax Money At Work!!
- Scanning Thru Several Dozen Charts Tonight
- The More I Watch My Previous Post's Charts..
- DOJIs
- Stopped Out Of FAZ For a $2.98 Gain.
- Volume In FAZ Is Very Strong
- FAZ re-entering at 40.11
- Taking A Small $1 Loss on FAZ and Sitting Out For Now
- FAZ: Hollow Candle
- YOU MUST WATCH THIS VIDEO: Very Sobering Moment Fo...
- For Those Interested In PRIVATE COACHING
- FAZ Crashing To Strong Support Levels
- It's Crunch Time
- Pre Market Update
- The STOCK PICKING SERVICE I Want To Offer You PART...
- I Am NOT Impressed By Today's Candles
- How Can I Help?
- DOJI like Patterns On FAZ and SKF
- FAZ and SKF At Supports
- People Are Giddy Yet Stocks Are At Resistance Now
- GREAT ARTICLE ABOUT INTERVIEWING TIPS
- For The REAL Pizza Lovers: Pizza Napoletana
- An Example Of Why Inverse ETFs are Trading Vehicle...
- For What Its Worth
- One Hour To Go Before The Close
- ABX Bear Flag Update
- Citi Is Porfitable?? Who Knew??
- Learn From Your Mistakes By Alan Farley
- You Packin HEAT?
- Zero Reasons To Be Long
- CandleSticks Pointing To More Bleeding...
- SUCKER RALLY!!!
- Where's the FEAR?? Part 2: Charts and Analysis By ...
- Where's the FEAR?? Part 1: Charts and Analysis By ...
- ABX Setting Up A Bear Flag
- What Happened To The PPT??
- WOWZERS!!
- FAZ Breakout
- Jon Stuart's Daily Show Tears CNBC a New One!
- Preparing For Meltdown
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March
(109)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
14 comments:
dude you are impatient :)
not that that's a bad thing.
still holding on to mines bought at $27, tho i'm using it as a hedge against a small long in FITB.
I hope ur not teaching ur students trading faz the way u do. because it is super risky.
fizzy fazz and anon:
i am impatient with day trades that don't work right away, yes. i always seek protecttion of capital first while hunting down trades that work. taking tiny losses(down $140 on this trade)until i find the winners. that's for day trades(check out previous FAZ day trades I made over the past week). swing trades i tend to be much more patient with looser stops which is what i will be focusing on with my service. Also, FAZ is not a stock you wanna get on the wrong side of which why i only use 250 shrs with close stops. nothing risky about that. options exp today and it is historically a very tricky day to trade so this is not a day i prefer to be gung ho. today looks to be like a choppy day which another reason why i tend cut all trades out and sit tight. no need to trade everyday friends. taking tiny losses until you find the strong winners is the basic fundamentals behind good trading.
good luck fellas.
today is only choppy and narrow because everyone is waiting for the speeches at noon..... then its gona open up.
Stewie.. I appreciate the day trades will they be part of the email service or just swing trading?
thanks,
Pat
Hi pat:
i will do both. i am working on a huge post that i will publish this weekend and it will outline everything you need to expect for the alerts service. I will give day trading and swing trading ideas with charts and reasons behind the trades: it is your discrection to follow it or not. I will also include premrkt watchlists and stocks that i deem very likely to be in play. I will also give constant anaylsis what i think the mrkt is seting up to do. If you have been following my blog for the past 10 days or so, then this is what this service will be doing. it should be compatible for most traders imo. look for my post this weekend and it will give you a good idea of what i am trying to accomplish.
stewie, not meant to be a criticism, just an observation.
and i agree...FAZ w/o stoplosses or as a hedge is where it gets risky.
sold @ 33.72 by mistake (put limit instead of stop @ 30), but not complaining.
the bull's got a couple breaths left.
fizzy: i welcome all observations. thanks brother. nice trade with fazzy. I just don't think the bulls are quite done yet.
Hi,all
I was the biggest sucker to buy FAZ at 59 just a couple days ago and I still have it.What a looser I am that's why I will need a service from you Stewie.Every day I did not want to believe that it goes lower and lower some days I did not even check it.It destroyed almost my account.I did not put stop loss because I knew that is very volatile.
LOYAL 9: MAN, you are killing me with this story. a lot of people lock themselves into believing that because we are in a bear mrkt that it's ok to BUY skf, FAZ and stay short and lose your discipline because eventually stocks will plummet. this is not good trading, if it worked in the past, it's because you got lucky. who would have ever thought that C, AIG and FRE FNM and these worthless shit paper would triple in a week? no one saw it coming, that's why you must always prepare for the worse possible scenario and always seek good entries and stay close of the exit door. this is why i am especially impatient with trades that don't work right away.
let me ask you Loyal9: when you bot FAZ what did the stock do within 1 hour after you bot it?
Hello
I remember that more than an hour it went up just a little (less than $1)and since then it is down.Scottrade wanted more money I did not have and I was forced to sell at $40 to meet the margin requirements.I know that you will say.Believe or not I was listening many time at your interview where you just sad that if the stock is not working in your favor right away GET OUT. With FAZ and SKF I was many time stopped out and I was just hopping it will go back.
I am destroyed mentally also because I sold FAS (bought it at $3.30 )just to buy FAZ.I will sign on soon you will give us more info about your alert services and I will paper trade until I recuperate psychically
Thanks again
Loyal9.
Not only do these ETFs decay (because they are based on daily returns, not cumulative) they also have distributions. There's a rumor going around that Proshares is going to do an early distribution. Stewie can tell you what happened to him last year long EEV overnight and got caught holding the day of the distribution (which they keep secret until it happens). $23 point gap down I think it was.
that was ugly. i remember that day. I was up over 40K on the month and feeling great and i recall holding 800 EEv overnight and then BAMM!! next thing i see is i was down i think about 25K if i recall it right. very unlucky.
At least the sacrifice was only some profits of which you had plenty. I think that was the end of your over night holds for a while.
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