Satisfying all these indicators is apparently not that hard. I have a bunch here. Some of these have been really profitable already. I had TSLA on this list, but now noticed it's still down on the CMO, so I removed it.
Here are the evolution hits that I have noticed and am keeping track of
| SLV | Bull | 8/29/2016 | 17.68 |
| WBA | bull | 8/30/2016 | 80.41 |
| FXE | bull | 9/1/1931 | 108.8 |
| JJC | Bull | 9/1/2016 | 23.5 |
| AAPL | Bull | 9/1/2016 | 106.39 |
| GLD | Bull | 9/2/2016 | 126.29 |
| GDX | Bull | 9/2/2016 | 27.25 |
| NFLX | Bear | 9/2/2016 | 97.335 |
| WMT | Bull | 8/31/2016 | 71.36 |
| SLW | Bull | 9/2/2016 | 28.6 |
| IEF | Bull | 9/6/2016 | 111.9 |
| DB | Bear | 9/6/2016 | 14.445 |
| OIL | Bull | 9/6/2016 | 5.529 |
Aapl ends on 9/7 at 107.55, a decent profit in 6 days
ReplyDeleteWMT ends 9-7 at 73.89
ReplyDelete(and was profitable)
DeleteI have to end WBA. It's just been so profitable. Perhaps when a regular ol stock does this well, its just what people do. It's not a sell by any means. The price is 82.30. So I'm using my human judgement for this exit point, but to some extent that is unavoidable.
ReplyDeleteSo it made a $2.00 profit. Enough to line pockets with cash if they bought calls.
Just a trade update on WBA. I bought WBA Oct16 80.00 Calls @$3.60 on 09-02-16. Sold today, 09-08-16 @ $5.10. The EVO System was not suggesting a sell yet, but I wanted to be early rather than late. 38.03% ROI (including trading costs) in just 4 trading days...I will take that any week! I will be watching this one for a short opportunity in the days ahead.
DeleteYeah, I backed out a day sooner than you did and missed out. Actually I never bought any, but had it in the spreadsheet.
DeleteI don't think we are supposed to wait until something is a "sell" to close a position. One could sell after just 1-3 indicators go against the trade.
I think in Mannarino's early EVO videos, he said that the leg up in the SD, may suggest a good exit point for the trade, but you may be leaving some profit on the table. Entries and exits can never exactly match the highs or lows, so good advice I think. As I said below, never a bad time to book a profit. There is always another trade waiting for you...
DeleteAgreed...There is never a bad time to book a profit.
ReplyDelete