Thursday, December 27, 2018

Dashboard Dailies Extra

I lost the file on above mentioned subject.

Will try to recover it from memory today.

I did close my SPX shorts yesterday at a profit (close above high previous day).

Wednesday, October 10, 2018

Trade Mode Entry and Exit

Trend trade modes and its entry and exit dates are determined by the Trend Trade and Investment Strategies. For an explanation of the Trend Trade & Investment Strategies, its abbreviations and its usage see the bottom of this blog.

The way I go about these modes and dates is as follows.

If a trade mode entry occurs at a certain date I might consider a trade on that date unless support and resistance levels or support and resistance congestion areas make that un unwise decision. If the latter is the case I wait a little and if at a later date the existing trade mode is still valid and these levels are broken or areas are vacated in the envisioned way I might still consider the trade.

If I choose to make a trade I will then start to review the progress of the trade.

In the progress of the trade the following might happen.

1) The market goes against me. Then I terminate the trade at a loss at the trade mode exit date.
2) The market goes my way. Then I could early terminate the trade at a profit when a close is made below/above the low/high of the previous day or at an important resistance/support level (for longs/for shorts respectively).
3) The market goes my way. If I haven't early terminated the trade before I will do so at a profit at the trade mode exit date.

The time that passes between the trade mode entry and exit date is the trade mode window. If I choose to enter a trade I do so on the trade mode entry date or a little later (due to support and resistance level or area issues). I consider exiting during the whole trade mode window but I never stay in the trade beyond the trade mode exit date.

Please read the disclaimer at the bottom of the blog.

Tuesday, August 28, 2018

How and with what I trade and invest?

I trade and invest of course according to the Trade & Investment Strategies.

The instruments I use are capped futures (limited downside risk), options and direct investments.

Futures and options, i.e. leveraged financial products, are mainly used for all trading purposes and for investing in bonds, commodities, currencies and indexes. At any one time I never invest more than 5% of my available free capital in these leveraged instruments. For investing in particular stocks I buy or sell the underlying securities directly.

Trading futures and options involves the risk of considerable loss. Please consider carefully wether these instruments are appropriate to your financial situation.  Only risk capital that you can afford to lose when using these trading and investment vehicles.

For an explanation of the abbreviations and the Trend Trade & Investment Strategies see the bottom of this blog. Please also read the disclaimer there.