10/27/2011 Portfolio Update

Trading Signals:

The system will try to long IWM tomorrow, set TNA buy stop at $53.45, stop loss around $33.21. This is a pyramid position.

TMV order was filled at open today.

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11 Comments on "10/27/2011 Portfolio Update"
  1. #
    Comment left on:
    October 27, 2011 at 10:19 pm
    joe shi says:

    IWM is $76.38 ya

    • #
      Comment left on:
      October 27, 2011 at 10:50 pm
      Cobra says:

      Sorry, I mean TNA. 

  2. #
    Comment left on:
    October 27, 2011 at 11:12 pm
    Jun Du says:

    HI Cobra, Great work. But I didn’t quite undernstand why TWV order was triggered this morning. In yesterday’s report, TWV was set to buy stop at 17.8. How come it was adjusted to 18.48? Thx

    • #
      Comment left on:
      October 27, 2011 at 11:18 pm
      Anonymous says:

      Oh, I got it. thx

  3. #
    Comment left on:
    October 27, 2011 at 11:27 pm
    Anonymous says:

    Cobra, do you have a target price for spot gold?  My guess is 1770  will be big resistance because that’s where it started to gap down hard? I’d appreciate any input as I recently bought DGP as well and am keeping the stop tight. 

    • #
      Comment left on:
      October 27, 2011 at 11:32 pm
      Cobra says:

      No, I don’t have. The research project is very preliminary. I haven’t figured out lots of issues, need run a year or two to detail everything.

      For now it’ll keep adding into the winning position until the very first loser then out everything. So, no, no target.

  4. #
    Comment left on:
    October 28, 2011 at 2:27 am
    TwinTurboRX7 says:

    Cobra, with Stop loss at $33.21. Isn’t it a bit too much loss before the stop triggered?

    • #
      Comment left on:
      October 28, 2011 at 8:52 am
      Cobra says:

      It’s not too much loss, don’t forget the risk amount is fixed which is 1,000, so the larger the stop loss, the smaller the shares bought.

      Very big stop loss in swing trade is necessary to prevent premature exit.

      And again this is research project, maybe later I’d use very small stop loss. I’m still thinking the way of stop loss now. No good solution yet.

  5. #
    Comment left on:
    October 28, 2011 at 7:48 am
    gerald langelier says:

    NAS Fibo…
    http://astrofibo.blogspot.com/2011/10/nas-fibo_28.html

  6. #
    Comment left on:
    October 28, 2011 at 12:13 pm
    Anonymous says:

    TNA today’s high 53.41, 4 cents to trigger, will this stop buy continue to work next week?

    • #
      Comment left on:
      October 28, 2011 at 12:35 pm
      Cobra says:

      I’ll update no matter triggered or not. Just don’t follow, really.

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