The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.

This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.



Follow to Get Alerts on New Posts

Thursday, July 31, 2014

Took some profits today

Despite the positive long-term view, the market broke its ATR3 trailing stop today. Thus, my trading rules lead me to reduce my equity position on my cash account to 50%. For the IRA, I trimmed my equity position from 73% to 55%. More later on the re-entry strategy.
Subscribe to: Posts (Atom)