Trading With Relentless Quest LAB
$SPX and $QQQ Trades |- $AMD, $SOXL, $TSLA, $MSFT, $CSCO, $XLK, $INTC #fintwit, #Bitcoin #Trading
SPX/QQQ May is almost over and with this one of the strongest months for the $QQQ sector; June is certainly a month when technology companies under perform and not all holdings recover well during July, some companies like $MSFT or $CSCO tend to outperform or track...
Market Updates for May 14, 2018 – $NVDA, $BABA and $AAPL long Trades- $SPX, $SOXL, $INTC, $MU #fintwit, #Bitcoin #Trading
We are looking to start the Week by reviewing the $SPX chart and pick up from where we left on our last video and market update, on April 30, we sent out a report talking about next levels and targets that the $SPX can actually reach.. you can view this report here....
RQ Trades
For positioning purposes:
We start trades with 1% of portfolio or less; max size is 5% of portfolio per trade, excepting on Indexes, we can add up to 20% of our portfolio on the long side of the market under exceptionally clear setups.
Trades done here might take from three months to 1 year to materialize. Some might take one month or less, but expectations should be set for not expecting immediate results. That is not the style of this room. Only short term trades are done on TNA/UPRO and it’s inverse ETFs.
We are not looking for immediate results, we are looking for consistent cash flows over long periods of time, we have not conviction on any trade, we are 99% of the time neutral on our analysis. Our analysis might differ significantly from our trades, based on risk management approximations.
Finally the size of our portfolio is 4 Million plus a 65% margin. Trades are based on our capital, so for all purposes 4 Million is the base from which we calculate our exposure. 1% trade is simply a 1% trade, trades posted this way: .05 or .04% are trades under 1% exposure and must be understood as such.
Some of the Strategies
Elliott Wave and Fibonacci Time & Price Strategies
Latest Positions
What do we have in our basket ?
Core is unchanged and have added some new trades that matches our current model
OUR PERFORMANCE
We Keep Close track on our Core positions which always invested and hedged. Current Trading Positions are 8% YTD