2 Stocks, 1 Kop

Since the October decline, into which I had some profitable short trades and out of which I had some profitable bull ones, the stock market has gone mostly sideways in what I have called the ‘Swing’ market (swing baby, swing batter!).

Within this ongoing jagged whipsaw I had some okay trades and some not okay trades, but more good ones than bad ones.  Lately however, I have gone full frontal Keystone Kop in my own trading with some ups and some downs, with the downs very lately taking the upper hand.  I have received the market’s message and backed off until I can get a handle on at least intermediate trends to come.

Here is a fine example of the good and the bad, all in the same time frame.  DEPO good, SIMO bad.  One giveth and the other taketh away (as I tried to out think my own chart and did not obey the limit parameter, which was a trend line).  That’s show biz and it’s also yet another learning experience.  Despite committing to trading and profit taking/loss limiting during this jagged phase, I ignored that ‘just this once?’ on SIMO, and paid for it.

depo.simo

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Also, you can follow @BiiwiiNFTRH.