SPY

VST buy - SPY at 135.7$ here in premarket.

SPY

SPY bought at 137.34$

SPY

Closed SPY from http://stockfund.blogspot.com/2012/11/spy.html at 138.65$. My set up is over. May look for another trade, another time. Good luck to all!

SPY

Bought SPY @ 138.05$

AAPL

Nibbled long yesterday but chart too ugly, will stay out for now. Bailed out at 541.5$. Open position .

Bought SPY @ 141.25$

VST buy

Short sold XIV @ 10.75$

The VST top is in. /ES showing divergence on the hourly charts.

SPY

Taking a 2% profit off 60% of the position at 124.55$. Rest will be a 2% trailing stop. Open position

IBM

Pulled the trade here for a VST, bought IBM @ 180$. Stop at 3% trailing. Will post close if that is a profit.

SPY

Taking the VST buy signal here, buying SPY at 125.84$ with a trailing 2% stop. Will scale out of profits. 50% off the table (of the holding position at that time) on 1% higher.

TNA, SPY

VST market signal is sell short. I sold TNA @ 46 short. However, I am not happy as only 1/3 of my order was filled. TDAmeritrade has this stupid policy of reviewing the sell short order before execution. Sometimes the review completes in less than 10 seconds, sometimes it takes more than a minute. In this case, the latter is what happened. I am not happy on one hand but atleast 1/3 got filled. The other 2/3 of the order is still "working"but I doubt it will be filled. Either way, this sell signal is good. So if I get higher prices, I may opt to sell SPY short. I will make a detailed post this weekend on short selling stocks. Later!

Stop for TNA will be at 46.99$.

TNA

Taking VST sell signal on RUT by shorting TNA at 45$ with a 3% stop. I got VST sell signal on /ES as well, so you can take short sell SPY. Remember the rules, follow discipline, have a concrete plan to stop out before taking the trade, scale out of profits. I will update on closure of the trade. GLTA!

SPY

Closed my VST SPY short during after hours for slightly higher than 1% profit. I only use RSI 14 sparingly, it is not the basis of my signal and that is not where my major profits come from. Today's trade was indeed a clean shot though the market oscillated for an hour at the open. If my system signals a VST sell on /ES on sunday night or before Monday, I will post it.

VST in cash, ST in cash. Have a good weekend!

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

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".

FCX, SPY

Closed FCX short at 41.35$ , open position
Opened SPY long at 118.05$. I got prelim bullish signal on the VST (VST = very short term = holding few days). Stop at 116.75$ or if open is lower than that.