Waiting…

During times when the market gives me mixed signals i have learned to be patient.I didnt take  a lot of trades this month. The only thing i still do is add to my precious metals positions on weakness (wich feels strange,because in day trading i only buy on strength after a pullback).

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But this strategy has payed out, because i didn’t get chopped up and also now have a long-term position in Silver that i plan to hold for at least 1 or 2 years (i will only sell if the weekly chart starts to look weak or if we get a parabolic move).

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But i have a lot of stocks that i plan to trade on the long side if the mkt strengthens again,especially energy stocks,mining companies and tech stocks as well as some in the transportation sector.

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About Schwarzdaytrades

I am a full time day trader. I like to share my opinion about stocks and the psychology of trading.
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