Going into Cash

Yes Paitech it really is frustrating. I too had a position in EZY but got stopped out and then it then increased by 30%! Almost feels that the big players are manipulating individual investors like us! Thats life I guess. As Syrian Empire mentioned, happy that you banked a profit as I only have a loss to show from the early sell.

I feel your pain. I have just sat on my hands so also missing out and had planned to buy into IAG at 130. However, markets can turn on you quickly and a banked profit is still a profit - The market was at an inflection point so better to be safe and live to fight another day. One thing is for sure the market will always give you another chance P.S - Sods law also states had you stayed in then the market would have dropped

HI All,

Just to tell you not to take this post in any wrong sense... I have been really holding back for some days, and I have to let it go... so I had to make this post..

I use this site extensively, especially all the charts and tips from TF. I draw my own charts, and I do my own DD, investigations, and compare with TF charts too, before I do purchase.
I normally don't sell anything because someone has told me to sell... I do sell when I think its right.
Yes, you guessed right, not always bought in low, never managed to sell high, but mostly managed to stay profitable. I do mention my profits and losses, here, and I am thankful to to TF for most my trading. I always look forward for your charts. I am still learning.

I had build a massive position, in the last 6 months, and even though I was not in heavy profit, I wasn't in any loss either...

Now, comes the comment from Remo, that markets could go down, and he's gone cash on most positions.
I cant tell you what happened to me, I started liquidating my positions too. I am not blaming you Remo, but I shouldn't have followed anyone, I normally don't do, but I did this time, only to feel so frustrated about the loss of profits I could have had. when the missed profits are in 10s of thousands of pounds , it really hurts.

Please don't take this as my sulking or pointing fingers at anyone, but my biggest lesson, from all this, is
listen to everyone, but follow my own plan and decision, I will be better off.

I am attaching a small portion of my portfolio, to show how much profit I have missed just in this 4 shares, instead of making around 12K profit, I only got 4.7.

If I don't write it down, I wont be able to get over this as I am totally frozen last few weeks, to do any new trades.

Once again, not pointing any fingers at anyone, and apologies if it sounded rude.

Thanks again to TF et all for all your support, chart and comments.
ta
G
hopefully my mind gets lighter now...

When i posted about this last week we had a bearish looking chart on the weekly.
now if the dow takes out the high again then that would imply the up move continues.
I have scaled back most of my positions but only have a few. around 20% of positions still long.
But if the dow punches through the high again then i will have to increase my longs again.

I still believe the markets are getting ready for a turn so have banked my main profits. Im cautious on any new longs but will trade them if i see individual shares breaking trends.
I only have currently 2 positions open they are stocks and 1 index trade on the dow which is currently in a loss..
one is moderna inc and the other is Zoom , Moderna is looking bullish and even has a cup and handle look to it even thou its at the high and not the low. The other is zoom which broke out of a 123 low on friday.
obviously these shares are risky for new positions but i have held moderna from the beginning. I may have posted about this last year if i remember correctly. Due to covid ..as this was one of the leading companies at the time with regards to vaccine.


with regards to the dow, if you look at the chart you can see a divergence on the RSI.

Hi Remo,
Pls keep me/us in mind, if you change your thoughts about the market...
I have a lots of positions, mostly in profit which I have been selling to go on cash... following your heads up.

I would really appreciate , if you can give us an update when you start going long...

happy trading...
ta
G

Thanks Remo for the heads up.
I will try to reduce my exposure too.
Stay safe
Regards to your family
Ta G