tag:blogger.com,1999:blog-6839599187534986560.post8367186523553736696..comments2023-10-31T11:45:19.266-04:00Comments on J-Trader's Market Analysis: 100% long TNAJ-Traderhttp://www.blogger.com/profile/15961748425161624017noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-6839599187534986560.post-70663783861086343522012-03-05T15:43:18.081-05:002012-03-05T15:43:18.081-05:00Hello?
Anyone there?Hello?<br /><br />Anyone there?RealMoneyIssueshttps://www.blogger.com/profile/07272525923302498960noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-16207271307481311452012-03-03T22:13:56.208-05:002012-03-03T22:13:56.208-05:00Nice site! Hard to believe SPY correlates better t...Nice site! Hard to believe SPY correlates better to IWM than QQQ, but numbers don't lie. Thanks for showing me the light.J-Traderhttps://www.blogger.com/profile/15961748425161624017noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-83421334937299259862012-03-03T22:03:13.587-05:002012-03-03T22:03:13.587-05:00Yes it definitely tracks OB/OS conditions, and it ...Yes it definitely tracks OB/OS conditions, and it goes a step further and combines OB/OS levels with the number of consecutive days spent above/below certain moving averages. I think we're at ~50 straight days above the 20 MA at this point, which is getting a bit extreme.<br /><br />I don't see a big tumble while the market is still "healthy". So I am not worried about this long position at all. If we fall below 1342, my opinion will probably change. If we're going to make a serious fall, we should start to see the big daily swings indicative of a topping process. My system is designed to nail those swings. <br /><br />As for decreasing volume...no, I only care above increased volume indicative of capitulation. Decreasing volume is all too typical during a rally and I've found it to be non-quantifiable and statistically useless.J-Traderhttps://www.blogger.com/profile/15961748425161624017noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-55117652946308792912012-03-03T08:44:02.025-05:002012-03-03T08:44:02.025-05:00At any given moment, someone is saying that the ma...At any given moment, someone is saying that the market will melt up or melt down. Following such advice is a great way to become insolvent. Much better to come up with a plan that appears to work (you can never know for sure) an stick to it. <br /><br />J, you asked how people trade your system. Right now, I'm trading TNA along with a number of portfolios I've set up with ETFreplay.com (for an introduction to this great resource, go to Scott's financial blog).<br /><br />When (and if) my account grows big enough, I plan on trading J's system using ES. It came as a bit of a surprise to me that using various correlation tools (I discussed them in an earlier thread) the SPY vehicles (SSO, UPRO) have a higher correlation to the TNA (and IWM) than the QQQ vehicles. However, ES controls a lot of money, so right now, it's too rich for my blood.Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-35735345702921330732012-03-03T08:39:19.888-05:002012-03-03T08:39:19.888-05:00Started with 5,000 since the beginning of the year...Started with 5,000 since the beginning of the year. Commissions eat a bigger portion of the profits but I am comfortable with that. As my comfort level increases ( and I believe it will) I will increase it.johnhttps://www.blogger.com/profile/17352102118244258021noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-891523911150319762012-03-03T08:32:27.244-05:002012-03-03T08:32:27.244-05:00J, just wondering if your system has any inputs fo...J, just wondering if your system has any inputs for market overbought/oversold conditions, decreasing volume, etc.<br /><br />Most chartists and Elliott Wave gurus are saying the big tumble will happen any day now. Of course, they've been saying that since November!Curthttps://www.blogger.com/profile/16185276176617708290noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-74627818598261682912012-03-03T08:27:07.269-05:002012-03-03T08:27:07.269-05:00xtrends, great idea to paper trade for a while.
...xtrends, great idea to paper trade for a while. <br /><br />The amount to trade question is very personal. Even though J has a great system here, there will be lots of ups and downs. <br /><br />I think for any trading system, you should only trade the amount you could tolerate to lose.<br /><br />Remember, we are responsible for our own trades, and it's our choice to follow this system J has generously provided. Good luck!Curthttps://www.blogger.com/profile/16185276176617708290noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-16853311524298252252012-03-02T22:41:53.363-05:002012-03-02T22:41:53.363-05:00Thank you for the invite. Your history is impressi...Thank you for the invite. Your history is impressive. i think I will paper trade a few more weeks. (plenty of time to make a fortune)After I gain some confidence I will probable start where you are. <br />Congratulations on your system.xtrendshttps://www.blogger.com/profile/11113231651167698000noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-26507643314739705182012-03-02T22:06:17.382-05:002012-03-02T22:06:17.382-05:00xtrends,
First off, welcome to my site! You may ...xtrends, <br /><br />First off, welcome to my site! You may have stumbled onto one of the most profitable (and completely free) stock trading sites on the internet. I may be a bit biased with that claim, though! :)<br /><br />I trade my entire margin account (now halfway to 6 figures) but it's my system and I have complete faith in it. I doubt anyone else here is laying their entire account on the line. Shoot, if it wasn't my system I wouldn't be...despite it's awesomeness. :)<br /><br />I always suggest taking whatever portion you're comfy with and following the system to a T.<br /><br />Once you start witnessing it winning 3 out of every 4 trades, you may be tempted to up your capital/risk (like me).<br /><br />Curious to see what others do with my signals...J-Traderhttps://www.blogger.com/profile/15961748425161624017noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-71271771417563850042012-03-02T19:54:14.360-05:002012-03-02T19:54:14.360-05:00new watching this system, please give opinion of s...new watching this system, please give opinion of system. What amount of money is everyone trading with this system?xtrendshttps://www.blogger.com/profile/11113231651167698000noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-69545733819297986562012-03-02T17:48:01.938-05:002012-03-02T17:48:01.938-05:00Underperformance of smallcaps is usually a sign of...Underperformance of smallcaps is usually a sign of coming market weakness. The chart in the link shows the ratio of IWM vs SPY. Note that periods that the ratio is above the 50 day mean correspond with strong market action. http://stockcharts.com/h-sc/ui?s=IWM:SPY&p=D&yr=2&mn=0&dy=0&id=p36770028390Marcohttps://www.blogger.com/profile/08726038479979811049noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-17913746285748972672012-03-02T16:08:32.315-05:002012-03-02T16:08:32.315-05:00Nope but you'll see much better results using ...Nope but you'll see much better results using small caps. Over time anyway.Jameshttps://www.blogger.com/profile/04954636315935734354noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-79246889194703595092012-03-02T16:02:17.825-05:002012-03-02T16:02:17.825-05:00Better than SSO might be QLD. Wonder if it is ag...Better than SSO might be QLD. Wonder if it is against the system to use a different vehicle?traderwannabehttps://www.blogger.com/profile/01578818982937049198noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-15967642924451066802012-03-02T15:54:26.207-05:002012-03-02T15:54:26.207-05:00Looks like it will be a close one.Looks like it will be a close one.Marcohttps://www.blogger.com/profile/08726038479979811049noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-42341558519411081382012-03-02T15:54:01.922-05:002012-03-02T15:54:01.922-05:00Small caps are really under performing ...it almos...Small caps are really under performing ...it almost like RUT is dissconnected from the the other major averages ...I switched to SSO. This is going to be a real close call today!traderwannabehttps://www.blogger.com/profile/01578818982937049198noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-11213110777051347992012-03-02T15:46:34.275-05:002012-03-02T15:46:34.275-05:00yw... can't believe how badly TNA is performin...yw... can't believe how badly TNA is performing vs rest of market. It's due for a bounce next week I'd say.Jameshttps://www.blogger.com/profile/04954636315935734354noreply@blogger.com