Basically what I do is look for trades on the LONG side ONLY when they are in a weekly UPTREND and trades on the SHORT side ONLY when they are in...
Yes I will post later today as I am at work now. Stops for BUY TO COVER moved down to AMZN = $214.85 and TMO = $50.47 Edit @ 2:37 PM =...
Looks like the break above 1270 to 1290 was just a bull trap. This also completed the top resistance line of a rising megaphone that I was...
Incidentally the fill prices were: AMZN short @ $211.85 and TMO short @ $49.85.
Sorry I didnt see your post earlier... Yes 3 TF method works great. I actually credit Elder and Van Tharpe with ~75% of my system being...
2 trades I have entered orders for....but I DOUBT they will fill. AMZN short STOP LIMIT sell order with sell stop @ 212.52 and sell limit at...
UYG stop filled yesterday at the close. In cash now. I expected to see the market retrace to 1250 to 1270 and bounce. However it appears that...
I have the latest Samsung Galaxy S II and compared it to the iPhone 4S and they are almost even but I give the edge to the Galaxy S II given the...
UYG stop moved to $46.91.
Keeping my stop at $46.33 because I expect to buy again to add to positions and take new positions on this retracement. As for how I figure...
Interesting that you should ask this as I have this EXACT issue with my system. I used to routinely risk 0.75% and have based on my stats on...
Moved the stop to $46.33 this morning. I have not decided on where to move it for Mon. I will update. Sometimes I move my stops 3-4x a day and...
I HAD the exact same feelings for years. I said it before and will repeat here...CONFIDENCE in your system will nearly eliminate these thoughts....
Thanks for the compliment. As I expected today there were very few, if any, trades to make. Suspect retracement will happen sometime mid next...
I can not see any good trades to take. Everything has run up so much I will wait for retracements. Taking tomorrow off except to tighten my stop...
Uh,...OOoooK. Good Luck with that.
Another good day. Closed PPO short with a smaller win than expected but that stock clearly had a reversal forming mid day. In fact my win on...
You hear that?....That's the sound of shorts getting their faces ripped off.
Huh?....nothing to panic about? How could you even say that? You need 66.66% return to break even. Thats pretty big hurdle.
No limit to the number of stocks but usually I hold no more than 6-8 at a time but i have had as many as 10. The number does not matter. It is...
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