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personally I think the ST market low is in really like the...

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bossivic

19,029 Posts.

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04/04/18

14:05

Post #: 32214244
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Originally posted by Anton Chigurh ↑

Smart move i think.

When we remind ourselves that most of our spec holdings are likely going to zero or consol at some point, it becomes easy to detach and see things for what they are.

A smart strategy can be to use an MA stop, to take the psychology out of the trade. Eg you're sitting on positions that are giving you some mental headaches. Why not flick positions that breach the 20dma. Locks in profits or if you're underwater, limits losses. 20dma just an example and everyone can decide how aggressive they want to be, depending on trading style.

If something's not showing relative strength atm or a low EV shell, I'm sitting on the sidelines and watching.

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personally I think the ST market low is in

really like the rejection of that rising support TL on the XJO from the Feb 2016 low

of course specs are more sentiment driven, I just can't see a major correction any time soon

XAO Value at posting: 5,855.9
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