Author Archives: Trade Advantage

the persistent Fed “news” had people selling and hesitant this am…which was the intent…..the rather rapid rally up is typical after that……all trades ..if early around 75…which i said would be too early or if in the preferred 73 74 area have all worked out well so far….so taking all profit is not a bad idea…and its Friday and we had a pretty good week…so up to you…there is still a chance of 83 for lon…but there is still a long way to go in this day

any penetration of 83 84 i still think will be later if its going to happen today….a rally there for 1130 is poss then perhaps a decline……

the next “Great Wall” is the 2184…will they go through that today?….

what is it with this 2180…..jeez…enough already

still a good chance of that 83 84 mentioned earlier….after this pb….hopefully it wont “empire” all the way back

2180 again…lol……the 1025 is a bit of profit taken by them…so pb likely

even if in the 74 area 2-5 achieved….decent

there is 5 achieved on the 2172,75……and all bs ..if a little early can take profit….a decline still poss and likely….on the 72.75 so far its 2-4-be

will take 4 on the 2nd here…just in case decline into lon

still in this…but will be

today is an example why what we do is the way the mkt works and will never change….but it also illustrates how difficult day trading can be..even when we know the methods as we do…..trading 100 shs at the correct times in a portfolio. of various important exchange stocks and getting long term lower risk gains is absolutely the safest and best way to invest….however ..if one is willing to assume a greater degree of risk….and not over trade and be patient….with a part of their capital…then we can do this profitably over the longer term…obv a combination of the two is the best way to go…IMO

its often the case…when trading the way we do….that we get 2-3 pts on first red even if mkt is going in the opposite direction…..thats why must be patient…..which I wasn’t completely this am….and stay with the plan…they will sell out to profit and then resume the decline or vice versa… if they generate too much selling and they are b..then they will rally to profit and resell before resuming the decline….they are also profiting on the earlier sells they had on….when they have accumulated enough either way…then they will rocket the prices to keep people out until their profit objectives are attained

sorry if any confusion this am…but some of the posts were acting strange….so far the two actual trades were a b 2174…2 on first the be out…..and 2172.75 2 on first and still in ….so lower looking poss still and rallies postponed

obv the b in the 73 74 area was better and was little early on first…….first 2 on the 2172.75….but isn.t gonna work if gonna be a trend down am or day….we’ll see

b 2172.75

ok well thts good…..getting better

ok bit tough here…..have to wary of trend down….but this is more like I said earlier…73 74 range

OK first 2 on the 74 but we will see….poss div coming could mean bit lower

b 2174
look for 2 on this and then will see…if they start to trnd down this am then could be tricky…..

risky here cause the neg may push this lower here….and under 75 would make more sense …just early””like 73 74 area