| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 11 12 13 14 15 ... 105 >>Post Follow-up |
| impliedvolatility 8 posts msg #68427 - Ignore impliedvolatility |
10/14/2008 8:09:13 PM I read every single post in this thread twice and I kept learning more. So thanks for your contribution. I agree with you that you have to get your mind right in order to do this mostly because it is so outside the mainstream/norm of buy and hold. Ed Seykota said everyone gets what they want from the market. Apparently you want a consistent profitable way to take money out of the market. Really good stuff and I am glad that I had a chance to read it. Thanks again for sharing. I would like to hear more about your exit strategy. I read the earlier post that you get out when the trade starts to break down (or words to that effect). Is this something that you get a feel for after trading the one equity for so long? Are using any technicals/candlesticks for exits? Thanks! |
| TheRumpledOne 6,411 posts msg #68430 - Ignore TheRumpledOne |
10/14/2008 9:55:13 PM If you really read the thread twice then you can answer you own questions. But it should be obvious to you that there is NO WAY that this simple method can work day after day no matter how many charts I post showing that it does work each and every day. It can NOT be possible that FADING THE GAP and using the MILK THE COW strategy with a few HORIZONTAL LINES can provide a steady income stream without using squiggly line indicators derived from formulas created by those with multiple degrees of higher education. By God man, THIS IS TRADING! It isn't just some simple transaction between buyers and sellers. I caution you against reading this thread a third time or you just might become a profitable trader. |
| Eman93 4,750 posts msg #68432 - Ignore Eman93 |
10/14/2008 11:01:52 PM TheRumpledOne - Ignore TheRumpledOne 10/14/2008 8:04:07 AM I use the NY Market open but my charts are on Pacific Time at the moment. ____________________________________________________________________ Thanks |
| impliedvolatility 8 posts msg #68433 - Ignore impliedvolatility |
10/15/2008 9:22:55 AM TRO- Maybe the third time is a charm?
I see your point. Thanks. |
| TheRumpledOne 6,411 posts msg #68435 - Ignore TheRumpledOne |
10/15/2008 9:40:11 AM
See, I told you this can't work. You only made $0.50 a share 2 times in less than 10 minutes. What's the big deal about making $1,000 per stock? |
| TheRumpledOne 6,411 posts msg #68437 - Ignore TheRumpledOne modified |
10/15/2008 9:44:11 AM
So it filled the gap and then you when short and took $1.00 a share and hauled in another $1,000.00. It's just a lucky guess, that's all. Just you wait, you'll see it doesn't work. So you're up $3,000. Big deal, you'll probably lose it all and them some the next trade. |
| TheRumpledOne 6,411 posts msg #68438 - Ignore TheRumpledOne |
10/15/2008 9:48:18 AM
Yeah, you're just on a lucky streak making another $1,000 when the gap filled. If you were any good, you would be using indicators. What do you mean you're done for the day?!?! |
| TheRumpledOne 6,411 posts msg #68439 - Ignore TheRumpledOne |
10/15/2008 9:51:44 AM
I thought you said you were done. What do you mean you took AAPL for $.25 or more in both directions. One minute your long and then you switch and make money going short? Sounds like you can't indentify the trend. Just you wait, that whipsaw is going to get you... you'll see!!! |
| TheRumpledOne 6,411 posts msg #68440 - Ignore TheRumpledOne |
10/15/2008 9:54:39 AM
All you are is a ONE TRICK PONY. You trade the same stocks the same way, day after day. So what's the big deal about that? Just cause you make money, so what? Show me some new and fancy. I am so bored with this Milk the Cow/Fade the Gap crap. Get a life!! |
| TheRumpledOne 6,411 posts msg #68441 - Ignore TheRumpledOne |
10/15/2008 10:09:44 AM
See look at all that money you could have had!! But all you do is sit and wait for the price to come to you. Either you're lazy or too stupid to use indicators. I don't care that you made thousands of dollars in under 30 minutes. If you were any good you would be making more money. You just ain't good enough.. HA HA!! Told you so. |
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