[YEAR IN THE LIFE - PART IV]
This week features a classic period in the TSLR blog when charts were clean, and swing setups were 'safe' - The Vintage TA era.
At this point in time, stocks were breaking out to the upside. It was April-June 2008 and the credit crisis was yet to show it’s true hand. The setups were very very clean, and would go either way quite predictably after triggering certain price levels.
I would give breakout/breakdown figures, measured moves, explanations of the entire trade right down to the pence to take profit or to cut losses. Judging by my records and a few of the posts, I estimate my success rate of calls during this period at over 75% based on trigger points.
I was really struggling to put the trades on though, which made me miss a huge amount of money making opportunities due to me lacking the mental edge in trading. These remain the most in depth and accurate posts since I became The Student Loan Ranger.
This eye of the storm period didn't last long but I got some great trades from it.
http://thestudentloanranger.blogspot.com/2008/05/weekly-round-up_17.html one of many highly accurate weekly roundup posts.
http://thestudentloanranger.blogspot.com/2008/05/crystal-balling-may-27th-30th.html HELLS YES
http://thestudentloanranger.blogspot.com/2008/05/weekly-round-up_30.html first roundup to really analyse my market calls. I was ridiculously good at making the calls in this market, but i really struggled to trade them. A glimpse into my success rate at that time.
http://thestudentloanranger.blogspot.com/2008/05/crystal-balling-june-2nd-6th.html I used to have so much time to do this! This post marks the exact point I started tracking US stocks. I tracked CIEN anticipating a long, but with stops and shorts at 29.15. CIEN was trading at under $20 a few weeks later, and went as low as $5 in December.
At this point in time, stocks were breaking out to the upside. It was April-June 2008 and the credit crisis was yet to show it’s true hand. The setups were very very clean, and would go either way quite predictably after triggering certain price levels.
I would give breakout/breakdown figures, measured moves, explanations of the entire trade right down to the pence to take profit or to cut losses. Judging by my records and a few of the posts, I estimate my success rate of calls during this period at over 75% based on trigger points.
I was really struggling to put the trades on though, which made me miss a huge amount of money making opportunities due to me lacking the mental edge in trading. These remain the most in depth and accurate posts since I became The Student Loan Ranger.
This eye of the storm period didn't last long but I got some great trades from it.
http://thestudentloanranger.blogspot.com/2008/05/weekly-round-up_17.html one of many highly accurate weekly roundup posts.
http://thestudentloanranger.blogspot.com/2008/05/crystal-balling-may-27th-30th.html HELLS YES
http://thestudentloanranger.blogspot.com/2008/05/weekly-round-up_30.html first roundup to really analyse my market calls. I was ridiculously good at making the calls in this market, but i really struggled to trade them. A glimpse into my success rate at that time.
http://thestudentloanranger.blogspot.com/2008/05/crystal-balling-june-2nd-6th.html I used to have so much time to do this! This post marks the exact point I started tracking US stocks. I tracked CIEN anticipating a long, but with stops and shorts at 29.15. CIEN was trading at under $20 a few weeks later, and went as low as $5 in December.
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