Two new ETFs added to the Portfolio

MWJ and DRN with stops at 54.96 and 65.56.

Portfolio Link:
http://tinyurl.com/3s3rsav

More on this over the week

Book to read over the weekend:

Wash Sale Software

Trademax is folks looking for freebies..

http://www.itrademax.com/download.htm

reg user:trademaxb
Reg code:000014-XUEAC6-NPTKF1-WX4NZM-V9CVRN-7RZVDG-U78P8G-TR39AT-UACKVA-QNQ9B3

More slow, low volume sell distribution and Happy Birthday to Sunny

As pointed out last couple articles,   Markets are tiptoed its way back up making a very near perfect "V" without much accumulation.Yesterday the divergences along with OIL Price started bothering the markets. 

My positions in EDC, EWS and THD funds got stopped out. 

https://spreadsheets3.google.com/ccc?authkey=CLaStbUH&pli=1&hl=en&key=tiCxkGYG1cXZ1g8MatRlESw&hl=en&authkey=CLaStbUH#gid=0

The only position I am holding this week is DGP.. DGP came out from consolidation and broke out with new highs, hence I took the position. The current stop is at 42.86. 

It was very unusual day in my trading career yesterday.

• 
  
  Positives
   - Profit-taking seen in market sector leaders Oil & commodities
   - Low volume selling
   - VIX not spiking up.
  
  
  Negative:
   - No sector rotation
   - No buyer on the dip
   - No POMO influence
  
• Usually VIX hints correctly but yesterday was very cruel painful wait and then ended the day on some selling. 
• 
  
• Hopefully today will be a better day as it is my friend's birthday. 
• 
  
• Happy Birthday to you Sunny.
• 
  
• 
  

Portfolio Update

Portfolio Update:

ERX closed
Two New ETFs added yesterday, EDC and DGP with Stops at $37.31 and $42.86. respectively

Portfolio Link:
http://tinyurl.com/3s3rsav


Good Books to have in your library:

Another Good Article: Anticipating vs Reacting

Anticipating (versus reacting to) the next black swan

Important Learning Articles.

Rules to Avoid Catastrophic Losses (Harry Domash)

Avoid Financial Disasters with Trailing Stops

Cutting Losses with Fisher's 3 Golden Sell Rules

Stocks Cross over to Dark Side (Old article but still relevant in terms of leaning from Past)


Capital Preservation Mode and Death by Thousand Cuts

Recommended Books for Reading:

Will Post my ETFs later today.

Buy Some and Tread Cautious path..

As pointed out last Saturday,  Markets are tiptoeing its way back to February Highs without much Bull snorts..There are some divergences that appear on the horizon hence I am treading a cautious path.

I am bit bullish with caution hence I am also tip-toeing my way in with 0.5% risk on each position.

I bought today ERX and EDC funds with stops at 86.16 and 37.31

https://spreadsheets3.google.com/ccc?authkey=CLaStbUH&pli=1&hl=en&key=tiCxkGYG1cXZ1g8MatRlESw&hl=en&authkey=CLaStbUH#gid=0