SPY, TNA, CVI

I am out of 75% of the VST SPY long position initiated at 118.9$. I scaled out the 1st half at 1% gain, I scaled out of the half of the other half (25% of the original position) today morning. I am left with 25% position, will close on 2% upside or downside - whichever comes first. Open position . If the market continues to rally from here, that is fine. We will wait for the next sell signal whenever that is.


Stopped out of the 10% TNA short position. Reminder that we took profits on 90% of the position already.

Stopped out of the 50% SPY short swing/ ST position. Remember we initiated the short at 122.1$  and took half off at 116.2$. That puts us at 2% profit on the whole position even in this pyscho driven market. Not bad, eh? ST positions are in cash now. No buy signal yet.

I am still short CVI. It has been absolutely weak and not reached my stop yet.

When I opened the positions, I briefly summarized what my strategy would be. The above closing trades should not come as a surprise to you.

SPY

Bought SPY , VST signal at 119.9$ as indicated here. Will take half off on 1% profit with a trailing 2% stop for the rest.

10% TNA remaining, as indicated here on Friday. Open position

Reduced swing/ ST trading short SPY by half at 116.2$ as indicated here. Open position

TNA

Covered 70% of the position at 40.3$ in premarket. Will ride the rest, stop at buy price.
Open position

CVI

Sold short CVI at 18$. Stop at 19.25$.

TNA

Sold TNA at 43.4$. Swing trade with a 10% stop.

SPY

I have a buy VST signal on SPY, I am opening a new buy position at 125.2$. Stop is at /ES 1236.

Previous short SPY closed as underlined today morning, open position .

SPY

Taking a VST SPY short position at 125.2$ with a 2% stop based on VST sell signal. I explained my methodology of taking profits in detail during the weekend. Please read the post by clicking "day trading or swing trading".

SPY

I have a system alert buy signal for the short term. I am buying SPY in premarket at 125.51$ with a 2% stop. I will post a detailed post on my trades, which you can use as a reference guide.

SPY

Out of SPY long position at 124.45$, open position . System not on buy yet, next trade will be when system comes to buy. I see the system closer to a short term buy than sell but too fast too much trading results in complacency. I am closing the trades for the day locking in the profits and be in cash. ATPG closed too at 7.64$. 3% profit not bad in 3 hours.

ATPG

Bought ATPG at 7.44$. Stop at 7$.

SPY

Bought SPY here at 123.3$. 1st position, Will add more above 1235 SPX. If it is a lower buy or stopped out of this opened position, I will post. Check comments too.

SPY, VXX

Closed VXX at 47.51$, open position


Closed SPY short 123.3$, open position


Conditions favor to go long here for a short term swing up. Will post any trades that I do, not yet.

VXX

Bought VXX at 46.1$. Go easy and small on VXX. Don't stretch your portfolios.

SPY

Closed 1/3 of the SPY short, open position . No kidding with the market, take profits when you can. System still on sell. I don't see a bottom yet, we will see!

SPY

Stopped out of overnight long position, open position  . Opened a new short position in SPY, based on my market sell signal, at 125.35$. I don't know if this is me, or everyone is feeling the same - this whipsaw is draining my patience and account.

SPY

Bought more SPY at 1257 and today above the 200 DMA as noted here. I will start unloading these positions above SPX 1285. Stops are being tightened as we the market goes in favor of my positions. At this time, I incur no loss on my current positions unless the market gaps down more than 2%. Should there be a sell signal (short sell SPY), I will post it.

SPY

Closed SPY 2/3 position, open position . Still long but reduced size. I will explain on Silver Ven tomorrow.

SPY

Bought SPY at 125.3$ with my system signal. Stop 2% lower.