Update on NEP Trading Account Position
Remember a few days ago I posted the “Christmas” blog?
Remember a few days ago I posted the “Christmas” blog?
I have mastered the art of patience in the market, or at least I thought I have… sometimes I just don’t know.
As our favorite commies to the east have decided to cut taxes for Chinese Steel companies. this should lead to all sorts of funny business by the local steel companies. Expect some of the little guys to get bought out..some consolidation..and some big gains by the end of the year. Kunal buys $gsi 3.82 …
Everything has played out just the way I expected. I told you all you to raise cash weeks ago then deploy it when we hit the 50dma on the pullback. Now have had a low volume bounce back to resistance forming what potentially could be a “double top’ for you pattern pikers. I see …
…and this year I’d like to thank God for making stupid people with money, so I could capitalize with my LIWA trade.
As a day/swing trader, the last thing I want to do is fall in love with a speculative trade and watch losses mount because I’m not willing to divorce.