Paul Mosgovoy's  Instablog

Paul Mosgovoy
Send Message
Truth is timeless: “Markets never change” – Jesse Livermore, 1923 The early masters, Livermore, Wyckoff and Loeb isolated themselves from the crowd and crowd thinking. None of them ever graduated high-school and yet they each became legends in the market. Their techniques have been time-tested.... More
  • Moving Stops On TZA 3 comments
    Jun 26, 2014 9:51 AM | about stocks: TZA

    As a result of the decisive move higher in the Direxion Russell 2000 Bearish 3X ETF (NYSEARCA:TZA), the stops on the entire position are being placed at the session low of: 14.32.

    Charts to follow.

    Disclosure: The author is long TZA.

    Stocks: TZA
Back To Paul Mosgovoy's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (3)
Track new comments
  • zaw77
    , contributor
    Comments (54) | Send Message
    Hello Paul, I am also long with entry at 14.40. Regards, Chris
    26 Jun 2014, 10:09 AM Reply Like
  • Paul Mosgovoy
    , contributor
    Comments (120) | Send Message
    Author’s reply » Good work Chris.


    You are in the green at this point. A stop at 14.32 is 8-cents below your cost. Can't get much tighter than that.


    Just a side note that I am always on the lookout for a big move.


    We will see how this plays out. Just saying that I will have no problem maintaining this position for weeks if it continues to produce a profit.


    If it gets stopped out, that is ok. A tiny loss is acceptable.


    At this point, it still looks good.




    26 Jun 2014, 10:20 AM Reply Like
  • zaw77
    , contributor
    Comments (54) | Send Message
    I follow you since months, looking for new opprtunities. I trade also miners, but on daily Basis, but TZA I would like to let work over a week. Put stop order.
    26 Jun 2014, 11:46 AM Reply Like
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.