FAS / FAZ / Daily Discussions / Archives / 08-23-2011 / Wednesday, February 23, 2010

Topie: Wednesday, February 23, 2010 Page: 1 2
February 23rd, 2011 07:44 AM
membar Morning Everyone.

Do any of the admins know what happened to our initial posts in Daily Discussions? I thought we started this new forum in the Spring of last year, but I can only find posts dating to September.

Here's another question: in that "20 Habits" video posted by Allen, they said that all great traders are impatient with their losers and patient with their winners. I feel I might have let BAL slip away @ 87.10, though the jury's still out on that. Van Tharp, another guy who I admire and respect, says basically the same thing.

However, this sentiment doesn't seem to reflect the environment we're in, we're swing trading strategies would appear to my untrained eye to be more profitable for things like FAS. There have been non-trivial market drops that it would have been a shame not to take into account.

Am I reasoning about this wrong? Thinking about the wrong ETFs? Timeframe?
February 23rd, 2011 07:59 AM
wanlorn
Quote:
membar wrote:
Morning Everyone.

Do any of the admins know what happened to our initial posts in Daily Discussions? I thought we started this new forum in the Spring of last year, but I can only find posts dating to September.



It looks like they fell off due to number of posts. Excobards have a maximum number of 5/6 pages of topics per category. Normally old posts go to archive after the limit is hit. I checked the settings and archive was not setup for this section. I changed the setting and now it will move old posts to the forum archive rather than just deleting them.
February 23rd, 2011 09:05 AM
membar
Quote:
wanlorn wrote:
It looks like they fell off due to number of posts. Excobards have a maximum number of 5/6 pages of topics per category. Normally old posts go to archive after the limit is hit. I checked the settings and archive was not setup for this section. I changed the setting and now it will move old posts to the forum archive rather than just deleting them.

Cool. Thanks. It's a shame that we lost these. I should have researched this better.
February 23rd, 2011 09:05 AM
membar P.S: I'm playing Emma today. Big Candle be damned!
February 23rd, 2011 09:19 AM
wanlorn Have you noticed the influx of new members? 3 new people yesterday. Wish they'd post something.
February 23rd, 2011 09:43 AM
888nyc888nyc sold the stuff i bought from yesterday... made ~1% on each... I'd rather not risk my profits since the market might be due for a correction
February 23rd, 2011 09:48 AM
ISA_Coder in FAS at 31.85, out at 31.95
in FAZ at 7.89, out at 7.93

.3% on FAS
.5% on FAZ

I just gotta do that everyday and I'm good to go
February 23rd, 2011 10:15 AM
wanlorn I jumped in FAZ at 7.97 when XLF had negative macd cross (basically used Emmas entry ignoring the Pivot bands. So far its paying off well. Looks like market is going to continue to sell off today.
February 23rd, 2011 10:28 AM
888nyc888nyc
Quote:
wanlorn wrote:
I jumped in FAZ at 7.97 when XLF had negative macd cross (basically used Emmas entry ignoring the Pivot bands. So far its paying off well. Looks like market is going to continue to sell off today.


I guess Emma felt the same way :)
That was a couple of minutes after I sold the positions i opened yesterday
February 23rd, 2011 10:32 AM
wanlorn I sold off at 8.10. Emma just called entry in FAS @ 31.29 at 10:31

edit:
I should note I don't expect that this entry will pay off hence I didn't trade it.

I did reenter FAZ at 8.05 however.
February 23rd, 2011 10:32 AM
888nyc888nyc
Quote:
wanlorn wrote:
I sold off at 8.10. Emma just called entry in FAS @ 31.29 at 10:31


emma's on point today
February 23rd, 2011 10:58 AM
wanlorn Sold again at 8.10. I'm up 1.5k today after fees so I think thats it for me today.
February 23rd, 2011 11:28 AM
BullDog Easy does it - Buy on the way down. Sell on the way up. Sell higher than bought. Buy lower than sold. Repeat ....
February 23rd, 2011 12:21 PM
wanlorn Sure is a shame I sold my FAZ..
February 23rd, 2011 12:30 PM
BullDog >wanlorn - Sure is a shame I sold my FAZ..

Impossible to time these suckers. I have given up being exact. beat randomness with randomness. Buy and sell at multiple points.
February 23rd, 2011 12:50 PM
BullDog Yesterday and today are just buying days for me. Loading up on FAS, C, BAC, T and MO. I use T and MO for defensive counter balance.
Sell days will happen in in a week or so.
Missed one trading oppty this morning when FAS ran up.
February 23rd, 2011 12:56 PM
membar I wish I could rake in the money like you guys. I'm getting nickles and dimes compared to you guys.
February 23rd, 2011 12:57 PM
membar P.S. I predict a late-day rally, but I'm hoping for a lower FKOS buyback price.
February 23rd, 2011 12:57 PM
888nyc888nyc
Quote:
membar wrote:
I wish I could rake in the money like you guys. I'm getting nickles and dimes compared to you guys.


nickles and dimes add up
February 23rd, 2011 01:00 PM
shazee Group,
Since most of you are very computer pro; could someone please tell why my freestockcharts.com keep going in freeze mode?

Thanks.
February 23rd, 2011 01:20 PM
next in faz $8.00 this morning, out $8.12
in fas $31.30 out $31.27
in faz again, $8.30 - ?
February 23rd, 2011 01:21 PM
888nyc888nyc my target LVS buy price is close... now the question is.... should i buy lol
February 23rd, 2011 01:24 PM
HeidiTwit I am no computer pro, shazee, but I would guess it's your provider.

Hey - some market today,huh? Did I miss some news?
February 23rd, 2011 01:33 PM
888nyc888nyc
Quote:
HeidiTwit wrote:
I am no computer pro, shazee, but I would guess it's your provider.

Hey - some market today,huh? Did I miss some news?



libya conflict
February 23rd, 2011 01:34 PM
shazee Heidi,

Thanks. Everything else works fine.
February 23rd, 2011 01:41 PM
allen314159 ************** LURKER DAY FRIDAY ***************

Hey everyone, this Friday we'll be having lurker day. Lurker day Friday where we encourage lurkers - those that watch all the action on this board but rarely or never post - to come out of the woodworks and say hello.

Also, a couple of us have agreed to help answer questions that any newbies might have... But most importantly it would be great to get your feedback/participation as well. Who knows, maybe George Soros lurks on this board and we can get him to post.

Anyway hope to meet some anonymous readers this Friday!

:D
February 23rd, 2011 01:46 PM
BullDog Shazee - Your buddy PUG was wrong.
February 23rd, 2011 01:47 PM
888nyc888nyc lvs profits locked in.. ready to sell at a pin's drop
February 23rd, 2011 02:02 PM
888nyc888nyc :D 1.5% gain from LVS (didn't sell yet...might hold depending on how it does the rest of the day)
February 23rd, 2011 02:21 PM
shazee BullDog,

What was he wrong about?
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