Still Sitting Still

Hello,

We went long in early december, based on market breadth (positive sentiment or market condition) and price action confirmation (ticking up), not based on news headlines nor based on the reasons for the market rising.

The news and the reasons can come later, its the data that matters.

Here’s a piece describing the hysteria raised by the journalists on wall street…..erm….by a journalist in wall street….

http://online.wsj.com/article/writing_on_the_wall.html?mod=mktw

We are still sitting still on our ‘pseudo portfolio”, eking out profits.

Told you trading is boring…..

04Jan_PMail

And this would be if we traded the index

untitled

I will try do a 2012 summary, all the entries and exits, and the rationale. Thereafter I would like to add in more ramblings on managing risks ๐Ÿ™‚

Oh, just a short follow up on the triple screen try out on CMA

CMA_1

Looks like can take profit, or employ trailing stop already huh ๐Ÿ™‚

cheers

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