Trading With Relentless Quest LAB
Is this the beginning of a new decline in $TNA?
On this update monthly chart for $RVX (link) you will notice second horizontal line is providing the support we expected for the volatility on $RUT, so current price action is not surprising and as we have been considering this is an area to watch carefully and we...
Our Projections were Invalidated Yesterday !!! | $TNA
Current support for TNA is at 103.97 or .618, chart here (link). That’s all we can say based on EWA right now. There is no much help from open interest either, PCR is at 2.501, yesterday’s change in open interest was executed into inversion territory CPCR: .627, the...
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
