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re: What are your trading strategies?

Posted on 5/16/16 at 12:42 pm to
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 5/16/16 at 12:42 pm to
I'm bored, so I'll bite. I trade off the technicals. As I see the media come up with lame excuses for movements after-the-fact and see how it fits, by chance, with the technicals, it solidifies my belief that the shite is orchestrated by the big boys such as Goldmans. Anyway back to the technicals, I pay a lot of attention to Fibonacci numbers and their SMA's. Fox example the 5 day SMA is fixing to cross the 13 day SMA for ERX which tells me its a buy. The convergence of the 50day SMA and the 200day moving average for ERX in light of Crude's already having made the "golden cross" tells me its time to load up on ERX. FWIW
Posted by Dan Bilzerian
..on my yacht or jet.
Member since Dec 2014
1864 posts
Posted on 5/16/16 at 12:48 pm to
Thanks. I'm trying to trade off human emotion.

I'll see how it goes.

1/1 so far on BCEI. Waiting on my sell point in IPI to go 2/2.

LC and GSAT were my examples this AM, but I didn't get in. All of my funds are tied up in stocks and clearing. However, both are looking like <1 week +5% plays based on my earlier posts.
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