Trading With Relentless Quest LAB
Market Update | December 8, 2016 | $TNA, $C, $XLI, $NUGT
Market Updates for $TNA, $C, $XLI and $NUGT 08 DECEMBER, 2016 A Closer Look! TNA Yesterday’s update remains fully applicable: Now what? Well, this is a point where we must work on recognizing the probabilities for the market to take out our wall at 101.42 and advance...
Market Update | December 7, 2016 | $TNA, $NFLX
Market really tries to make things easier but sometimes we decide to ignore what price is telling us. First traders needed to wait for 99 to be taken on TNA to chase a breakout, but that level was lowered by the price to 96.50. So no longs should be trapped here on...
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
