Adding shorts...change is good for a quick spike top come Monday!
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Staying short for the week!
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Posted 04 November 2013 - 10:48 AM
Adding shorts...change is good for a quick spike top come Monday!
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Staying short for the week!
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"Never never never give up!"
Posted 04 November 2013 - 10:45 AM
Wonder what the system would have done LOL!Closed my long after a couple of attempts.....IGM app shows me very little at the moment....no meaningful charts. Will wait until things return to normal....
Posted 04 November 2013 - 10:43 AM
Did u close and bank it?
Me had a profit of R920 000!!!!!
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 04 November 2013 - 10:19 AM
dont worry it was an error on Safex down I was told by IG - and no triggers went off
Yeah, IG has turned from excellent to scary ever since they switched to their international website.. We could not logon on Friday and they did not have the decency to inform all their clients via SMS when it was back up . What other options do we have ??
Posted 04 November 2013 - 10:04 AM
Me had a profit of R920 000!!!!!
Did u close and bank it?
Posted 04 November 2013 - 10:03 AM
Hi guys
Do I have a weekend hangover or did the IG market platform just make a 270786 high.
Thanking you in advance.
O
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 04 November 2013 - 10:01 AM
Hi guys
Do I have a weekend hangover or did the IG market platform just make a 270786 high.
Thanking you in advance.
O
Posted 04 November 2013 - 09:59 AM
Yip
No, apparently SAFEX is down.
Posted 04 November 2013 - 09:58 AM
Is IG down again?
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 04 November 2013 - 09:58 AM
Is IG down again?
Posted 04 November 2013 - 04:51 AM
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 04 November 2013 - 04:00 AM
BUY THE DIP
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 02 November 2013 - 10:25 PM
Posted 02 November 2013 - 05:01 PM
wow! last few days there were trumpets and warning pacards of a definite pull back on S&P500, and with good reason too if one look at the historical overstretched values of this index , and also our equity indexes.
yet, when I look at my short T40 ready for a that imminent drawback I am in two minds now reason mainly being that the S&P500 with all the warnings on every wall could not slice through their 10 day MA - some rather poor bear power if you ask me.
so a possible short covering might soon come if the S&P cannot break down 1750 - and after such a short covering spike , some slight down to consolidate and a slow grind up - most of upward explosion over last few weeks I think is behind us
so I am going to look for a short covering spike sign on Monday - problem is if you look for signs of a short covering spike one will probably miss it for entry.
any comments??
Posted 01 November 2013 - 10:55 PM
All the patience helped. At least you saw what i was talking about when i said PUMP AND DUMP
1st they push it up during US open, then they dump it.
Hope you learned.
Yip, thanks for that. Should've had more faith. Why is that though? Why and who is pumping and dumping and to what avail?
Posted 01 November 2013 - 07:29 PM
Sometimes patience is virtue. You can't expect to market to give you money in 15 minutes.
Sometimes a plan works in the last hours of the day. Maybe even end of US sesion.
Remember the US need to pump their market up a little, so they can dump it later in the day.
That's what they did also last night. They pushed it to the highs, then dumped it in the last hours
Enjoy your weekend.
Cheers to PUMP AND DUMP!!!!!!!!!!
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 01 November 2013 - 06:58 PM
Okay not too shabby. Bought another 2 shorts higher up on the spike. Glad I waited it out. Went from sitting on an almost 3k loss to 2.5k profit. All positions closed.
Not a bad week at all. About 12k profit.
So now the question is, do we go long for the weekend?
All the patience helped. At least you saw what i was talking about when i said PUMP AND DUMP
1st they push it up during US open, then they dump it.
Hope you learned.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 01 November 2013 - 05:50 PM
Hope you can get out asap. Not looking good...
Got stopped out, but it is good, now I can enjoy my weekend.
My last trade for the day was the only one that did not return a profit.
I wont complain about that.
Alsi future
I only post my views, not advice