| gmg733 788 posts
 msg #142528
 - Ignore gmg733
 | 3/1/2018 10:17:35 AM 
 We'll see where /PA closes today but if you can get a bounce and get in around 1011 or 1012 I think this one is going to have a nice leg down.
 
 I don't kick myself much for messing up trades.  But I'm kicking myself a bit for missing this one today.  I've been distracted lately and not focusing on trading.
 
 
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| johnpaulca 12,036 posts
 msg #142529
 - Ignore johnpaulca
 | 3/1/2018 10:33:33 AM 
 Hang in there Greg...let the market come to you, wait for a good setup and kill it
 
 
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| gmg733 788 posts
 msg #142530
 - Ignore gmg733
 | 3/1/2018 10:58:45 AM 
 JP I'm noticing more how important the BB40 and its center line is for swing trading.
 
 Learning more everyday.
 
 
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| pthomas215 1,251 posts
 msg #142531
 - Ignore pthomas215
 | 3/1/2018 11:32:46 AM 
 hang in there Greg. we've all been there.  I do think Kevin said something that has stuck with me.  Just take the profit when you have it, as you can always get in again.  I vehemently disagreed with kevin's system but did get that tidbit from him.
 
 VRX is looking like a great short...@ 15.50 or so...
 
 
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| gmg733 788 posts
 msg #142532
 - Ignore gmg733
 | 3/1/2018 12:23:54 PM 
 oh I'm fine.  Just being greedy.  :)
 
 Wife had ACL replacement so I've been pre-occupied with family.  As soon as /PA gives me a green bar, I'll short it.  It has been in a bull trend for 2 years and I made a lot of $$$ of that trend.  The tide is changing and there is plenty time to short it.
 
 
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| pthomas215 1,251 posts
 msg #142533
 - Ignore pthomas215
 | 3/1/2018 1:35:47 PM 
 Greg, oh geez i know. i read your posts. you are a great trader.
 
 this day is starting to look like it could resemble my credit report from 2008.
 
 
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| johnpaulca 12,036 posts
 msg #142535
 - Ignore johnpaulca
 | 3/1/2018 1:44:54 PM 
 I knew the VIX would bounce but after Friday's rally was having seconds thoughts. In a previous post I mentioned shorting SPY on a break below 2685, well we're here now...2650 you'll find support from BB125
 
 
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| miketranz 978 posts
 msg #142536
 - Ignore miketranz
 | 3/1/2018 1:57:51 PM 
 Jp what do you know about this selloff? Are they blowing up another fund or is it just Buffett selling?
 
 
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| pthomas215 1,251 posts
 msg #142537
 - Ignore pthomas215
 | 3/1/2018 2:47:47 PM 
 Trump...tariffs on steel..that is what you will read in the news. technically we have been heading that way for a bit imo.
 
 
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| gmg733 788 posts
 msg #142538
 - Ignore gmg733
 | 3/1/2018 3:08:44 PM 
 Buffett isn't buying that was in his report this week.
 
 Tastytrade had an interested piece on Buffett ad hoc.  Twice in his life he has had a 50% drawn down.  2000 and 2008  Normal traders could never weather that storm.
 
 Since 2008 he has under performed the benchmarks.  There was a great article on ZH recently on Warren too.  I have nothing against him.  Just some interesting facts.
 
 
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