Nice call!
Risk vs. Reward Potential
Moderator: Aitrus
Re: Risk vs. Reward Potential
Tommy,
To answer your question:
I keep my charts simple. In addition to the Keltner Channels, I have the 50 and 200 SMA on the daily charts and 8 and 20 SMA on 2 and 5 minute charts.
In the morning before the markets open I check out https://www.cnbc.com/pre-markets/ to see what the market will look like at the open. And look at the “Trending Now” articles to see what the pros are saying. I open the Think or Swim trading platform. I have 10 charts open. I then look at Twitter and see what Day Trader Wayne, Great Stockpix and TradeHawk have to say. I check Great Stockpix on YouTube the night before at https://www.youtube.com/user/Greatstockpix Then I’m ready to trade.
Check out this video and you will see that Mike is a No BS trader (no pictures of Ferraris in his driveway)
https://greatstockpix.com/june-11th-watch-list-video/
Check out Wayne’s free trading videos at https://gsp-dtw-training.vids.io/
Maybe it is time to lobby the TSP for 5 trades a month or when you have at least 100k, move it to an IRA and trade it the way you want. You could still trade your favorite TSP Seasonal system by trading ETFs like VXF, IVV, AGG and EFA.
Have fun.
Sig
To answer your question:
I keep my charts simple. In addition to the Keltner Channels, I have the 50 and 200 SMA on the daily charts and 8 and 20 SMA on 2 and 5 minute charts.
In the morning before the markets open I check out https://www.cnbc.com/pre-markets/ to see what the market will look like at the open. And look at the “Trending Now” articles to see what the pros are saying. I open the Think or Swim trading platform. I have 10 charts open. I then look at Twitter and see what Day Trader Wayne, Great Stockpix and TradeHawk have to say. I check Great Stockpix on YouTube the night before at https://www.youtube.com/user/Greatstockpix Then I’m ready to trade.
Check out this video and you will see that Mike is a No BS trader (no pictures of Ferraris in his driveway)
https://greatstockpix.com/june-11th-watch-list-video/
Check out Wayne’s free trading videos at https://gsp-dtw-training.vids.io/
Maybe it is time to lobby the TSP for 5 trades a month or when you have at least 100k, move it to an IRA and trade it the way you want. You could still trade your favorite TSP Seasonal system by trading ETFs like VXF, IVV, AGG and EFA.
Have fun.
Sig
Re: Risk vs. Reward Potential
Sig, the below link has much better pre-market data (streaming):Sig wrote:https://www.cnbc.com/pre-markets/ to see what the market will look like at the open. ...
https://www.investing.com/indices/indices-futures
Re: Risk vs. Reward Potential
Thanks. That’s what I like about TSP Center, there is so much knowledge here and everyone is willing to help each other.
Fund Prices2024-04-16
Fund | Price | Day | YTD |
G | $18.19 | 0.01% | 1.24% |
F | $18.58 | -0.32% | -3.33% |
C | $79.08 | -0.21% | 6.34% |
S | $76.95 | -0.41% | -0.18% |
I | $40.73 | -0.98% | 1.37% |
L2065 | $15.67 | -0.50% | 3.66% |
L2060 | $15.67 | -0.50% | 3.67% |
L2055 | $15.68 | -0.50% | 3.67% |
L2050 | $31.50 | -0.44% | 2.93% |
L2045 | $14.38 | -0.41% | 2.81% |
L2040 | $52.59 | -0.38% | 2.72% |
L2035 | $13.91 | -0.35% | 2.60% |
L2030 | $46.37 | -0.32% | 2.50% |
L2025 | $12.95 | -0.18% | 1.90% |
Linc | $25.31 | -0.14% | 1.64% |