ripper's account talk

Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +10.4%
Current position: Cash

Conservative Model:
YTD: +9.1%
Current position: 50% SPY @ 204.00

Got caught on the wrong side of the Yellen speak. Fortunately, I was able to monitor the market for a while that day. Once I saw that it was certain my daily signal would change, I sold my short positions and made a long entry. If I hadn't been able to monitor the market, I would've taken a larger loss by trading at the close.
 
Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +10.4%
Current position: 50% TZA @ 43.42

Conservative Model:
YTD: +9.7%
Current position: 100% SH @ 20.36

I'm not real comfy about being short the market at this time. I hope that's a good thing. :worried:
 
Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +14.5%
Current position: 50% TZA @ 40.54

Conservative Model:
YTD: +10.8%
Current position: 100% SH @ 20.19
 
Sold TNA @ 61.52
Sold SPY @ 209.09

Bought 50% TZA @ 39.85
Bought 100% SH @ 20.05

Sent from my VS986 using Tapatalk
 
Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +13.2%
Current position: 100% TZA @ 39.33

Conservative Model:
YTD: +10.0%
Current position: 100% SH @ 20.05

While my hourly and daily signals are bearish, the two longer-term signals I follow remain bullish, which concerns me. I would be more comfortable with my shorter-term position aligned with at least one of my longer-term signals. The longer-term signals have been doing well. One has been long since 2/1 (SPX 1939), the other since 2/29 (SPX 1947). Maybe I should just be trading my longer-term signals. ;)

Hope everyone has a profitable trading week. :)
 
Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +13.2%
Current position: 100% TZA @ 39.33

Conservative Model:
YTD: +10.0%
Current position: 100% SH @ 20.05

As I said last week, I prefer to trade when my short-term signals align with my longer-term signals. My longer-term signals remain bullish, although both could easily flip to bearish soon with more selling pressure.
I checked to see how my short-term signals would have performed when trading only when there were aligned with at least one of my longer-term signals this year. Trading in that manner would have shown a profit of 32% trading UPRO/SPXU and 42.8% trading TNA/TZA. I should add that the bulk of those gains (16.1% and 26.4%) came in the first couple of weeks of the year when the market sold off.

Best wishes to everyone for a profitable week. :)
 
"As I said last week, I prefer to trade when my short-term signals align with my longer-term signals. My longer-term signals remain bullish, although both could easily flip to bearish soon with more selling pressure."

One of my longer-term signals turned bearish on Monday. The other remains bullish, although a close below SPX 2040 (for now) would turn it bearish. My shorter-term signals usually perform better when they are aligned with at least one of the longer-term signals.
 
Weekly update:

Ugh. I thought I posted my trade on Friday via my phone but apparently I did not. Anyway, shouldn't make much difference since it was a trade at the market close. I sold 50% of SH for 20.38.

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +17.0%
Current position: 50% TZA @ 39.33

Conservative Model:
YTD: +10.9%
Current position: 50% SH @ 20.05

My short-term signals remain bearish but are weakening. They could flip to bullish on Monday. My two long-term signals remain split.
 
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