oleg850's Account Talk

I'm personally taking a trading vacation until July, but if I was looking to add to my position I would wait until the $32 range. I'm still holding a small DCA'd position for a $45 or so target, but in no particular hurry for it to get there. Better to wait for a trend to become evident than try to guess what direction a sideways market is going to break.
 
Sorry, just saw this. I'm busy traveling around Europe, so not trading. I'll take another look at the miners sometime after I get back, but to be honest, the easy money in this sector was made in the first quarter of this year. The volatility and trade-ability have diminished. I'll be exploring other opportunities come July, particularly in the tech sector.. good luck!
 
Unloaded a lot of NUGT at $32 from $29.73 entry for 7.6% profit. I didn't post my entry as I was in a rush. I did a few $27-$29 range trades with NUGT last week for similar profit targets. Looks like the next up leg in the miners is commencing. All aboard!!
 
More NUGT profits! Unloaded another lot at $34 from $32 entry for 6.25% profit. Still holding a healthy position for higher prices.
 
Glad you're back !!! :D

Keep posting your moves, and your commentary re: discipline, and position sizes, in one's trading...always a good "read" !!!


Stoplight...
 
Dumped another lot of NUGT from $34.70 entry for 6% gain. Also sold a lot of SFXE at $8.32 from $7.50 entry a couple months back for 11%.
 
Sold another lot of NUGT today at 37 for +8.7%. Still have one more lot. Will probably sell if we hit 39.25 tommorrow. Evaluating DUST. Will probably buy if it hits $20. RSI is almost 30 and Slo STO is almost nothing. Its extremely oversold.
 
Sold another lot of NUGT at $40 from $36 entry for 11%. Still holding 2 lots for $45/$50 price targets. This thing has legs, might as well let it run and enjoy the profits.
 
Stoplight.....Glad you're back !!! :D

Keep posting your moves, and your commentary re: discipline, and position sizes, in one's trading...always a good "read" !!!


Stoplight...


I second that motion! Good to have you back Oleg.

How much more upside to this NUGT trade ?? Looking at 6 month chart, seems $50 may be in sight.
Better to wait for a DUST buy ?? Anyone else agree with Firedog that DUST may be a buy at $20 ??
 
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Just sold another NUGT lot at $44.40 from $32 entry for 39% profit. I had been holding on to this lot for a couple months. Got one more lot to go till I'm all out. Insane profits trading NUGT this year. Up over 150% since January using 10-15% of my overall portfolio. The profit curve has been super smooth, without any losing trades!
 
What do you look for when you buy and sell NUGT? Everytime I want to buy, you sell and when I think about selling, you buy more. Can you point me in the right direction? I could easily just follow your moves but I like to understand what I'm doing and why I'm doing it.
 
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