Allright!!...2 ticks from the top. great trade!
Well, CRAP ! Now, I remember why I don't trade against the trend!...hehe
I'm gonna fade this one...hehe
Well crap!! See, what I'm saying. If you can get 50% of these damn things...you're good!
See how 1 tick below the low acts as support. That's what I'm talking about.
Allright!...you're still alive..
I don't trade against the trend, period. But, I thought I'd see if I could catch one for fun.
Stopped out...:mad:
Long at 1006.00...hehe
just one more tick...hehe
Okay, that's fine if your initial risk was 4 ticks. Because then you just got a 2-1 reward/risk trade. Which is okay, but 3-1 would be better....
hehe...pass the bacon, egg and cheese biscuits!
Okay...since you went long at 1009, and you had 4 ticks at risk(1008), now that the market has reached 1011(twice your initial risk) raise your...
You're not listening...lol
Is youe stop 1008 or 1007?
Yea, I would have had a short, but I'm not watching this chart. I'm trading pullbacks on a different chart. That's why I haven't been posting...
That makes a lot of sense...I always wondered why someone could have the discipline to make a million dollars trading, but couldn't lose that 50...
Yea, this time your stop was only 2 ticks higher. I guess the point I'm trying to make is...if the price breaks thru that upper resistance, the...
Try this for a stop loss...1 tick above the previous high. Nice trade BTW...:cool:
Yea, that reminds me of something I read about Mark Cook. Seems he sold a bunch of calls, then the stock halted trading for awhile. When it...
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