as far as a target, IDK, just see how the action goes. 1st
resistance is 3.25. Volume % is 350%, trading longs that have
high vol% is good practice.
one thing I do is to buy a large day trade position (a size that
I would never hold as a swing trade), then sell 80% of that
position as a day trade and if I want to keep a runner, then I'll
keep 20% or so. Really it's your choice
as far as a target,
DYP
Posted by matt on 10th of Dec 2010 at 02:41 pm
as far as a target, IDK, just see how the action goes. 1st resistance is 3.25. Volume % is 350%, trading longs that have high vol% is good practice.
one thing I do is to buy a large day trade position (a size that I would never hold as a swing trade), then sell 80% of that position as a day trade and if I want to keep a runner, then I'll keep 20% or so. Really it's your choice
thanks.
Posted by manpat on 10th of Dec 2010 at 02:45 pm