+ Reply to Thread
Results 1 to 2 of 2

Thread: No Edges - August 15, 2011

  1. #1
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
    Posts
    1,999

    No Edges - August 15, 2011

    Forum Clusters 110815.xlsx

    This will be a very short commentary straight to the point:
    - On a probabilistic robot approach there is really no edge whatsoever to be found either for a position in IWM nor for entering a new GDX trade today. Existing long positions in GDX can be held. Cash remains king.
    - On a discretionary approach, a multitude of day-trading scenarios are possible, but none is probable. It’s better to be on your own with your preferred setups, risk management, position sizes and trading plans. What’s most important is to remain in cash overnight.
    Billy

    Name:  iwm110815.gif
Views: 234
Size:  47.8 KB
    Name:  spy110815.gif
Views: 228
Size:  47.7 KB
    Name:  qqq110815.gif
Views: 227
Size:  48.4 KB
    Name:  gdx110815.gif
Views: 205
Size:  43.5 KB

  2. #2
    Join Date
    Dec 1969
    Location
    Seattle, Washington USA
    Posts
    151

    Appreciated

    Your worked-up charts enhance my tape watching experience very much... Thanks...

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts