DreamboatAnnie's Account Talk

[DreamboatAnnie]

I am exiting S and I funds. Still debating on C fund...:notrust: The lab created virus continues to strike the entire World and there is too much fear in the markets.

 

[felixthecat]

Good move. We have a ways to go before bottoming. We might get some short play moves to play the bounces but for sure we are cycling down.

 

[DreamboatAnnie]

I exited, all but C.

 

[DreamboatAnnie]

Eh.. Reconsidered. Now fully exiting.

 

[DreamboatAnnie]

Some of you may have seen this, but gotta link it because this little guy expresses my sentiment so precisely! Lol...

 

[DreamboatAnnie]

COB Charts! Started using MACD 5.9.2 again instead of 3.39.3 -- They are almost identical. Best wishes! :smile:

 

[retread]

I love you charts and analysis DBA. I learn a lot from you! But the charts are hard to read. Any way to make them bigger? Thanks

 

[Bquat]

I use desktop site and turn my phone sideways and spread it out. On my computer I found the magnifying ��app. Just how I do it.

 

[DreamboatAnnie]

Hi, I try to keep them small because I believe there is a limit on size for this site. In past, I found larger charts looked blurry. I made this one a bit bigger to test and see if it still looks clear. Second one is a even bigger but starting to get blurry. Here it goes! :smile:

4 months (675w x 625h)...previous charts were smaller. This size a bit bigger and still clear.


Here is 4 months (800w x 700h)..blurry

 

[DreamboatAnnie]

More charts..

(725w x 675h)... A bit blurry.
View attachment 50090

View attachment 50091

 

[Bullitt]

Your four month charts all look good. All trending within their channels, no need for alarm.

 

[DreamboatAnnie]

Thank you for input Bullitt! Your insight is very much appreciated!
What do you rely most on for trading.... any particular analyses, methods, tools or indicators?

Any information you can offer would be helpful because as you can see, I am dying here.

Sometimes I feel like going back to buy and hold as I did for 20+ years. But, I'm So close to retirement, I just don't want to have my head in the sand if another 2008 occurs. So, I must watch but if I must watch market, I would like to try to do good and not touch my capital...maybe try to live on just the earnings when I do retire. Two IFTs per month with a 4-hour processing lag with no ability to cancel is insane! Trading is hard! I had been using trendlines but now thinking to change methods again.

Your four month charts all look good. All trending within their channels, no need for alarm.

 

[Bullitt]

I follow most of the stuff Robo does and look for sentiment extremes. Right now the trend is up and there aren't any sentiment extremes. Most of my mistakes can be traced back to trying to front run breakouts/breakdowns, or over analyzing the tea leaves when there was nothing there.

Nothing works all the time, but if I traded short term (daily/weekly time frame), I'd trade gaps on a one hour chart which works pretty good. Trendlines and basic support resistance lines work good, but unless you're looking at the proper time frame, they can lead to over trading.

MACD and RSI are so widely followed (they're the default indicators on stockharts) and algo bots know how to front run them. I've read most of Gerald Appels books and subscribed to him in years past. Despite inventing the MACD, he rarely got it right, and made errors in 2008.

https://cmtassociation.org/presenter/gerald-appel/

Buy and hold is very hard to beat. The majority of headlines and market moves are just noise. Look for the major trends and sit tight.

Hoping you'll have more time to post here when you do retire.

 

[retread]

Thanks DBA for giving it a try to make them bigger but I see they get blurry. I'll look for the magnifying glass app. Did not mean to cause extra work for you. Thanks again.

 

[DreamboatAnnie]

No trouble at all Retread. Your welcome. Going to use 675w x 625h going forward. A bit bigger and still clear! Best wishes to you.

 

[DreamboatAnnie]

Charts

 

[DreamboatAnnie]

Charts as of few mins ago. Best wishes to you all and wishing you a great weekend!

 

[kb9nvh]

Are you staying out... I was thinking I might stick 10% or so back in for the beginning of the month. Argh... I feel like I'm in Vegas.

 

[DreamboatAnnie]

Hi KB, ...or a continuous roller coaster (since February). I am thinking tge odds at tge blackjack table are better! I was out of IFTs so could not enter on Friday.

 

[mmk119]

I pulled out of S on Thursday. thinking of getting out of C (maybe today) with any short spike. things looking toppy and way overextended. that and we've been do for a correction or pullback and the reputation of August/September... I will of course keep my eye on any opportunities; but, I'm thinking of getting out till a low point in Sept. unless we get a major correction sooner.