JTH's Account Talk

[Bquat]

On Day 1 the markets closed down >-2%
On Day 2 they closed up >1%
On day 3 they closed down <-1%

Over the last 20 years there have been 16 such events falling within this criteria.
Day 4's average return is .29%
Listed below are the returns on those 16, Day 4 occasions.

[TABLE="width: 54"]
[TR]
[TD]4.63%
[/TD]
[/TR]
[TR]
[TD]-1.58%
[/TD]
[/TR]
[TR]
[TD]0.54%
[/TD]
[/TR]
[TR]
[TD]2.58%
[/TD]
[/TR]
[TR]
[TD]4.33%
[/TD]
[/TR]
[TR]
[TD]-0.40%
[/TD]
[/TR]
[TR]
[TD]-2.62%
[/TD]
[/TR]
[TR]
[TD]1.68%
[/TD]
[/TR]
[TR]
[TD]0.59%
[/TD]
[/TR]
[TR]
[TD]-3.18%
[/TD]
[/TR]
[TR]
[TD]-2.20%
[/TD]
[/TR]
[TR]
[TD]-2.58%
[/TD]
[/TR]
[TR]
[TD]0.70%
[/TD]
[/TR]
[TR]
[TD]3.04%
[/TD]
[/TR]
[TR]
[TD]0.04%
[/TD]
[/TR]
[TR]
[TD]-0.87%
[/TD]
[/TR]
[/TABLE]

I'll take the 2.58. Yeah that's good enough for me.

 

[JTH]

Are you still wondering it Friday's are positive?

Here's the Up/Down closes, and average returns over the last 20/50/100/250 Friday's. I need some feed back, does everyone understand the chart, is there anything confusing?

View attachment 23420

 

[Intrepid_Timer]

Are you still wondering it Friday's are positive?

Here's the Up/Down closes, and average returns over the last 20/50/100/250 Friday's. I need some feed back, does everyone understand the chart, is there anything confusing?

View attachment 23420

So they are mostly up, but when they're down, they're really down?

 

[JTH]

So they are mostly up, but when they're down, they're really down?

Yep, ain't that a kicker?

 

[JamesE]

So..... looks like we're lining up for a kick in the nads tomorrow eh? Nice

 

[Birchtree]

The Dow is a little misleading today - the small caps are showing relative strength as though they have bottomed - Friday could be a very positive rebound.

 

[nnuut]

So..... looks like we're lining up for a kick in the nads tomorrow eh? Nice

I think you're right.

 

[FAB1]

Lets not forget EARNINGS Friday. Maybe a gut punch as well. ZAP!! OOOF! KAAAPOW.

 

[Handballer]

So..... looks like we're lining up for a kick in the nads tomorrow eh? Nice

I been kicked in the nads all month. headed into the G fund cob Friday.

 

[JTH]

I been kicked in the nads all month. headed into the G fund cob Friday.

Sort of reminds me what it's like when it rains everyday, you get sick and tired of it...

 

[JTH]

Trading the Stats: Friday, April 19, 2013

 

[JTH]

Trading the Stats: Monday, April 22, 2013

 

[JTH]

Trading the Stats: Tuesday, April 23rd, 2013

 

[JTH]

Trading the Stats: Wednesday, April 24th, 2013

 

[JTH]

Transports showing nice hourly symmetrical triangle, it should start to breakout/down around area 2

View attachment 23495

 

[JTH]

Not much to ascertain from the 12:00 Noon IFT Cutoff time vs. the EoD prices, stat wise it's pretty flat, for more info on Wednesday's price action please see my blog linked below.

View attachment 23498

 

[JTH]

15 April 2014, Bought FMD @ 1.11

24 April, 2014, Sold FMD @ 1.23

 

[JTH]

16 April 2013, Bought TNA @ 39.41

24 April, 2013, Sold TNA @ 41.86

 

[weatherweenie]

24 April, 2013, Sold TNA @ 41.86

Do you use stops on leveraged ETFs? After getting burned by not using a stop, I put one on this TNA trade. I set it at 40.27, when TNA was around 41. Wouldn't you know that flash crash yesterday tripped my stop, and I was stopped out. I ended up making just over 5% in a day, but missed out on additional gains.

 

[JTH]

Do you use stops on leveraged ETFs? After getting burned by not using a stop, I put one on this TNA trade. I set it at 40.27, when TNA was around 41. Wouldn't you know that flash crash yesterday tripped my stop, and I was stopped out. I ended up making just over 5% in a day, but missed out on additional gains.

While I do think stops should be used, they have not been kind to me in the past, so I try to refrain from using them if I can watch the market's action. I'm not using stops on my current positions, mostly because I've been at home, with a hand on the trigger. I am using limits, so if price spikes I can catch some gains. My trading account sucks, if I had a choice I'd be using trailing stops, but that feature doesn't exist with USAA.