Course And Heading 10/07/19

Last week we established a new 22 day old Low Tide that might have stopped receding at 2855.94. With a fleet of about 12 - 15 boats, I launched 4 of them.

If we are now in a High Tide, my gains are limited by the few boats I launched (which can be frustrating). But a gain is a gain and by limiting the number of boats in the water, damage will be mitigated if we are still in Low Tide searching for lower lows. I can then launch more boats at the appropriate levels.

Reminder to self: If we are in a High Tide I must be patient as to not head back to the harbor too soon as in the past I have sold winners way too early (and held losers way to long). I'll be trying to remain at sea until the Tide reaches 3039 to 3102.

Fair winds and following seas!

Trading Tide Levels:
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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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