TheRumpledOne 6,411 posts msg #68637 - Ignore TheRumpledOne |
10/21/2008 1:28:20 PM
Gap filled so now I can trade in both directions.
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TheRumpledOne 6,411 posts msg #68642 - Ignore TheRumpledOne |
10/21/2008 3:56:39 PM
RED AT THE RED LINE, GO SHORT, PASS GO, COLLECT $200
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ultra5150 15 posts msg #68646 - Ignore ultra5150 |
10/21/2008 5:20:40 PM
TRO,
Thank you for posting all these great filters. As a newbie I have the following questions:
When you fade the gap, do you actually watch your screen all days, and just use your instinct to get out of a trade (like when the price is whipsawing), or if there's a special trick to it?
Do you set a particular point to take profit? How do you know if the price will continue to run higher or lower?
Without a sell stop, how can you tell the day is not gonna go your way? Or do you just hold your breath and watch?
After the gap is filled, you said you will trade both up and down, do you still stick with the original buy zone (open +- $0.10)?
I have looked through this thread and maybe I missed it, but I don't understand the key to entries and exits, perhaps you or someone who are trading with this strategy can help?
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NotoriousEid 3 posts msg #68656 - Ignore NotoriousEid |
10/22/2008 1:09:06 AM
never heard of a system that is flawless but i know StockHighlights.blogspot.com is close to it
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TheRumpledOne 6,411 posts msg #68662 - Ignore TheRumpledOne |
10/22/2008 9:33:30 AM
ONLY 2 KINDS OF TRADERS... THE QUICK AND THE DEAD!
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TheRumpledOne 6,411 posts msg #68663 - Ignore TheRumpledOne |
10/22/2008 9:34:20 AM
ultra5150
Your questions have been answered in previous posts of mine.
Keep reading!
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TheRumpledOne 6,411 posts msg #68665 - Ignore TheRumpledOne |
10/22/2008 9:42:29 AM
The system may be flawless but it's up to the trader to execute properly.
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TheRumpledOne 6,411 posts msg #68668 - Ignore TheRumpledOne |
10/22/2008 10:39:29 AM
RIMM GAP DOWN
ONLY TRADE LONG UNTIL GAP FILLS.
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ultra5150 15 posts msg #68669 - Ignore ultra5150 |
10/22/2008 10:54:41 AM
Does it look like we'll get some apple juice today?
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luc1grunt 622 posts msg #68670 - Ignore luc1grunt modified |
10/22/2008 11:16:02 AM
Avery, I think many of those seeking more knowledge of your system wish to know your trade entry, stop (mental or physical), profit goals and overall trade management.
Since you are posting nearly real time, a great education may be provided if you show the live trades and your thought processes.
Many on here understand them and know "how to trade", but to those "relatively" new, this would benefit greatly.
I did exactly that in the daytrading tips thread.
Just a suggestion my friend.
Grunt
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