Trading With Relentless Quest LAB
Netflix Earning | $NFLX
One of the market leaders reports today after hours. Looking at long term charts: ideal support zone should be 198.42-200.23 area, would be necessary a break under 177.27 to consider the path to 282.16 delayed, but not invalidated. In other words, any pullback that...
Indexes update for January 10th, 2018 | $SPX, $NDX, $ES_F, $TNA, $AAPL, $MSFT, $GOOGL
What is happening? Market has hit a milestone at 2759.2, or our 1.382 retrace from the 2009 lows, this has been our approach and we have been right just by following this macro path, so when it stops from being accurate we will reconsider it, but at the moment, we...
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
