pthomas215 1,251 posts msg #134148 - Ignore pthomas215 |
2/9/2017 10:02:41 AM
shillihs, in my study on gold, it appears GLD will resist at 120. im gonna wait to double down on jdst. however you have more patience than I !!
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kibo 14 posts msg #134158 - Ignore kibo |
2/9/2017 10:37:23 AM
@Kevin just wanted to thank you, as you are doing exceptionally well on your short thread you have. I have been following your pattern. I happen to use a filter with very similar output as yours but was afraid to trade and when I see your postings, I get confidence. This last one shorting NUGT was tough I got signal few days ago and waited to short higher.
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Kevin_in_GA 4,599 posts msg #134160 - Ignore Kevin_in_GA |
2/9/2017 11:05:52 AM
Well, the recent NUGT trade was not driven by my filters, but was discretionary on my part. I did get a short NUGT signal last night (which today worked out beautifully). I am still working on better discipline in my trading, as I should really stick to my tested systems more religiously.
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shillllihs 6,049 posts msg #134161 - Ignore shillllihs |
2/9/2017 11:33:14 AM
I have more patience than you? What a joke. When it comes to life and other investments I'm very cautious, but I have little patience in the market.
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pthomas215 1,251 posts msg #134162 - Ignore pthomas215 |
2/9/2017 11:46:51 AM
ha well, I have seen you keep DUST for a 4 day swing. I get out way too fast. most of the time I get out the same day but had original intent to keep it a week.
Separate note--have you found a VIX system you like that takes in consideration contango and backwardation? I'm testing one right now.
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shillllihs 6,049 posts msg #134168 - Ignore shillllihs |
2/9/2017 1:31:55 PM
I don't think the contango system that Kevin had is complete on its own. You give a lot back on entry and the back end.
But I can see using it in conjunction wit other indicators. But it's not bad. I don't have my own system.
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pthomas215 1,251 posts msg #134169 - Ignore pthomas215 |
2/9/2017 1:47:41 PM
agree...that is why I asked. Kevin's system wasnt really a system because it did not take into consideration those two elements. If I find a good system I will let you know. I am still intrigued around trading the VIX daily and weekly.
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shillllihs 6,049 posts msg #134171 - Ignore shillllihs |
2/9/2017 2:26:24 PM
Pt, look at every time Xiv was at top bollinger with top Acc. BAND, it bounced back down to the mid line.
There is a touch in late Dec. that hasn't reverted yet. Not saying it will but that's enough to keep me off of Xiv. it could go to 46... But nothing is certain. If you have the ballz, you can either SHORT Xiv or go long Tvix Vxx.
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Mactheriverrat 3,158 posts msg #134175 - Ignore Mactheriverrat |
2/9/2017 2:59:20 PM
That XIV is a very giving chart indeed!!!
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pthomas215 1,251 posts msg #134177 - Ignore pthomas215 |
2/9/2017 3:24:19 PM
shillihs, very nice. thank you. i am going to short XIV towards the last week of February. Shorting gold when GLD gets to 120
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