KevinD's Account Talk

Sort by newest Sort by date
I'll wait till tomorrow to make my ift to G if necessary. If CSI drop and dont recover in the last hr, I think we will get some money back tomorrow.
 
KevinD said:
Wow. I lost .96% and moved UP 3 places in the tracker. :blink: :laugh:
Click to expand...

That's not faire. I lost .22% and moved down 15 places
icon4.gif
icon7.gif
 
Most everybody I'm reading out in cyber-trading-land seam to think that the intermediate term trend is up.

I sure hope they know what they're talking about. :suspicious: :embarrest:
 
General question to the message board:

How do YOU determine YOUR stop loss. When is enough enough?
 
Stop Loss??? Can't Be Done Automatically

KevinD said:
General question to the message board:

How do YOU determine YOUR stop loss. When is enough enough?
Click to expand...

KevinD,

I really don't know how you can set a stop loss. Even before the IFT Board of Clowns limited transactions I never thought of using a 'stop loss' strategy - except in the most broad meaning of the term.

Personally, (and I'm NOT a trader and NOT an advisor and NOT experienced) I use the TSP Spreadsheet provided by this site. (Actually, that is how I found this site so many moons ago). Patterns seem to form in the numbers. Then I consult the 'Great Guesser' oracle via my Quija board and read the posts of folks I respect and look at their recent IFT transactions (trust but verify:laugh:) and make a move. Basically, the reviews happen in the evening and the IFT check happens in the morning. If all the dirt and leaves strongly point in one direction than I make the move.

And, try not to panic and blow an IFT on a reversal trade too soon. That leaves you high and dry if the market booms – take a look at my returns for March/April! Those returns are at least 50% less than I would have attained if I kept to my 3 Allocations strategy.:(

Here is another strategy that is probably timely. Buy something like Ric Edelman's 'Lies About Money', determine a good long term asset allocation, set up your TSP to match it as closely as possible, and let her ride. Unless you think you will be trading live chickens raised in your kitchen for a homespun burlap hair shirt. In that case, move to the ‘G Fund’ and rent out the UniBomber’s cabin.

Maybe, get three viable allocations – dead center, a little more conservative, and a little more aggressive – and reallocate via the Quija Board soothsayer. Most of the time the oracle will not tell you that a ‘King must die for Greece to live’. Sometimes it will tell you to take cover behind ‘walls of wood’ though… This is actually my strategy – and, I should be heading there quickly. It held my losses to a mere 20% last year – uuuggghhh. Moving away from this strategy – a result of fear, eh – has cost me much moola in March/April.

So, to be brief – which is not my strong point since I am thinking about the topic as I blather here – you really can’t stop loss since nothing happens automatically. If you were in the market for one week in early October you would have lost 18+%. A couple of days 12+%. One day 7+%. How much would a manually executed ‘stop loss’ have saved you while your emotions were on the edge. And, given that wonderful experience, would you have had anything in the market during this extremely fast moving 25% boom (or boomlet)?
 
The two most powerful warriors are patience and time. The key is to already have great positions sitting in the portfolio when the next bull move comes. In all cases the market rebounded in as nearly a dramatic fashion as it fell. I may even move to the positive in the tracker by the end of the week. The Feredinand seismograph is picking up some serious vibrations in the distance where a dust cloud is forming - this can only mean one thing - the bulls are ready to stampede again.
 
Thanks Boghie! Just the type of info I was looking for. :)

I have heard that an investor/trader needs to develop a strategy and stick with it no matter what. It's the strategy part I'm having trouble with. I'm sure that if I could come up with one I could stick to it. Birch has his strategy and by God, he's sticking to it.

Birchtree - I really would like to share a beer with you one day. Thanks for stopping by. :)
 
I've stated previously that pamics drive stock prices to irrational and unsustainable lows and when the panic ends we are likely to have a monster rally - let the good times roll. While 80% of the MB patiently waits for the second coming some will make excellent money.
 
Birchtree said:
I've stated previously that pamics drive stock prices to irrational and unsustainable lows and when the panic ends we are likely to have a monster rally - let the good times roll. While 80% of the MB patiently waits for the second coming some will make excellent money.
Click to expand...


I'm so glad im in the 20% of Birchtree followers!
 
This rally appears to have run it's course.

Earlier this month I decided that I was willing to put 30% of my balance at risk. With that in mind I will leave 70% in the Garage.

Uptrend said:
F is forming a wedge on AGG and $TNX
Click to expand...

I'm following Uptrend with 29% in F. My contributions hit tomorrow so I will have a fraction in C and S, IFT 1% to I and I'm set up for <1% moves for the rest of the month.

Good luck everybody! :)
 
I couldn't help but notice that your Autotracker statement said,
Contributions come in tomorrow. Pay Period #6 came in last week
for me. And it falls on on Monday. I understand the Mon--->Thur
difference between Direct Deposits and such,,, but are you sure
your not a week ahead of the game when it comes to PP#7
 
Sorry about my confussion. I get Direct Deposit and it will show at the
Bank as early as Saturday April 18th. I'll have access to it on Monday,
April 20th and my Future Contributions towards the TSP won't be entered
into my TSP Account until the COB on April 21st. My Bad ! :embarrest:
 
You must log in or register to reply here.

Similar threads

tsptalk
  • Article Article
Jobs report Friday and other issues
Replies
2
Views
271
nasa1974
nasa1974
tsptalk
  • Article Article
A better than expected jobs report lifts stocks, but...
Replies
0
Views
128
tsptalk
tsptalk
quabit
Retiring/TSP process questions
Replies
7
Views
476
JD1964
J
V
Valleymd blog (the international question)
Replies
2
Views
338
tsptalk
tsptalk
tsptalk
  • Article Article
Leaping over the wall of worry
Replies
0
Views
174
tsptalk
tsptalk
Back
Top