Thursday, June 4, 2009

New plan on XLF

If XLF closes above $12.38, I will short it by loading FAZ at close. This is from the Pivot Trend System

I didn't follow the yesterday's system signal on XLF (buy). That was a bad decision.

Still suffering with my SRS positions. I can not make 100% winning trades, neither the Pivot Trend System. For someone new here, the Pivot Trend System indicates an over 70% winning rate historically. I believe the performance of my real time calls listed on the right panel is proving it.

Will keep you updated.

15:53PM, I may be crazy that I loaded another size of SRS at $17.4, currently holding 3 sizes of SRS avg cost at $18.86
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4 comments:

  1. AnonymousJune 4, 2009 at 2:32 PM

    You're loading up on FAZ, but tomorrow is unemployment numbers.
    Wouldn't it be more prudent to buy half now, and then half after the reports?

    ReplyDelete
  2. Pivot TrendJune 4, 2009 at 2:50 PM

    Certainly you have your way of better managing the positions and reducing risks to let yourself feel comfortable. It is like I won't do all in one signal trade, no matter how strongly my system provides me a signal.

    Remember what I posted before, cash flow is the key for good business and trading is a business to me.

    ReplyDelete
  3. AnonymousJune 4, 2009 at 4:12 PM

    Thanks a lot for the information. So, what about your FAZ?Have you loaded it?

    ReplyDelete
  4. Pivot TrendJune 4, 2009 at 4:36 PM

    I didn't load FAZ. Instead, I loaded more SRS before close.

    ReplyDelete

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