Well that sale was a mistake Headed right up to my target price like 7 trading days after I sold... On the bright side, still made a little money on it + the dividend.
I just did what I should have done this morning and dumped everything I have. I don't see any way that the impeachment hearings of Trump don't start at this point. I'm not saying they'll succeed through the Senate, but I don't see any way that the hearings don't happen at this point and I doubt that'll play well in the market. Low risk/no reward this way. Instead of high risk/low reward staying in.
Barring any trades today, here's the returns on the week, month, and quarter And sneak peak on the yearly return so far
You worry to much...I have it from very good authority that the markets are getting use to all of the flip/flop rhetoric. What kind of world do we live in? It's BIZARO WORLD. The patients are running the asylum. Ask yourself, can anyone ever get use to, or comfortable with flip/flop rhetoric? Can anyone ever get use to or comfortable with outright lies, or half truths, or lies of omission? How about completely unpredictable behavior, can anyone get comfortable with that? The answer to all of the above is NO. Wars have been fought over such things. I gotta tell you Torm, I think you're on the right track for present, I think liquidation is called for during times like these.
Back in AMD @ $28.074. Same amount of shares as previously. Hoping to be out fairly soon, still bearish on the market. Trading plan below.
Just closed my position in TNDM for ~5.5% gain (~$450). Protecting profit in a volatile market that I'm bearish on right now.
I'm still very heavy in cash, about 58% of the account to be more precise. Very hard for me to sit here and do nothing, even though I'm bearish on the market. I need to start being more active probably and just targeting smaller moves than I'm used to. Normally my trades take a few months if I don't close them early for whatever reason.
Stopped out at $9.51 for ~-8% (~-$675). Much larger loss than I usually take, as my stops typically end up being closer to 4-5% of a position, but oh well. Up more on AMD right now than I'm down on this one, so that's where I'll keep my mental stability.
Just closed my position heading into the weekend in AMD to lock up profits. Didn't quite hit target, but +16.5% for ~+$4100.
