Trading With Relentless Quest LAB
The $TNA Next move, $GE #Trade and $VRX, $IBM Setups
$TNA Moore's 2C-P came down today to 79.50, falling 6.47% while SPX was barely up .39%, this is a nice divergence at the highs, and would strengthen our cautious but bullish approximations, the divergence could indicate we’ll see more sideways consolidation before...
$TNA and Moores 2C-P
Moores's 2C-P is at 85. Still high, but not the extreme high registered on 12/13/2016, when it hit 96.10. This could support a rally in the markets toward extremes again. Based on Open Interest, traders continue being bearish for this week, but the rate is more...
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
