Trading Monday, October 22nd

Discussion in 'Trading' started by MrDODGE, Oct 21, 2007.

  1. Shorting equities that have broken to the downside. There's been a few sectors that have sold off and are oversold....not gonna play them. Housing is one.

    Tech is gonna get knicked tomorrow. Stuff like oil, steel, and defense should fall too.

    Watching for a break in biotech as well.
     
    #21     Oct 22, 2007
  2. speculate



    Main Entry: spec·u·late
    Pronunciation: \ˈspe-kyə-ˌlât\
    Function: verb

    Inflected Form(s): spec·u·lat·ed; spec·u·lat·ing
    Etymology: Latin speculatus, past participle of speculari to spy out, examine, from specula lookout post, from specere to look, look at — more at spy
    intransitive verb

    1 a: to meditate on or ponder a subject : reflect b: to review something idly or casually and often inconclusively

    2: to assume a business risk in hope of gain; especially : to buy or sell in expectation of profiting from market fluctuations

    transitive verb
    1: theorize
    2: to be curious or doubtful about : wonder <speculates


    Hey Just want to try to do my best to get you all back in to
    grips, I was reading and seeing a lot of post here and on some
    other areas, just be careful before you pull the trigger on a stock or index this week, look at your charts take a second to think

    1) "DO I HAVE A SET-UP"

    2) "WHAT IS MY PROFIT OBJECTIVE"

    3) "WHY AM I TAKING THIS TRADE"

    It gets hard to be objective when we see the markets fall like they did on friday, and the futures tank when they open Sunday night but please be objective don't get to bearish or bullish, remember the pros need us to be on the wrong side to profit from us and the overnight markets can be pushed around easy!

    Try not to let our emotions get the best of us

    :D :mad: :confused: :eek: :(


    I did a short clip on Behavioral Trading

    It may be of interest to some, and check out the others as well
    I will be doing setups and exits soon so if you want just hit the subscribe button and you will be notified when I post another
    clip !

    http://www.youtube.com/profile?user=TradePilotPro

    Take Care,

    Joe B.


    Oh yea and the part about SPECULATE I just wanted to point out
    that is says nothing about gambling, we first need to SEE something before we pull the trigger not "THINK" we know
    what the market is going to do
     
    #22     Oct 22, 2007
  3. Acting like you're incredibly naive isn't a bannable offense.

    Anyhow, they wouldn't want to ban someone who generates so many page views, would they?

    My theory is that stock_trad3r has been around ET a few times in the past, under different user names.
     
    #23     Oct 22, 2007