Course And Heading 05/20/19

I am maintaining a safe heading to start the week:
  • One new long position planned (STLD Trade #100).
  • No new short positions planned.
  • Hold existing positions and will possibly exit positions if there is a run up (specifically looking at my Game Of Thrones Trade).
Trading Tide Levels:
  • Mid Tide (S&P closed at 2859 on May 17, 2019 coming off a Low Tide of 2801 on May 13, 2019 and a High Tide of 2954 on May 1, 2019)
  • Spring/Neap Tide (VIX rose to 17.63 this morning after closing at 15.96 on May 17, 2019)
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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