the vast majority of the trade ideas after reviewing them over
and over each night trade out of their patterns for 3 - 5 days at
least - the vast majority are not one day pops and done where you
had to be a day trader. Go review newsletters from the last
few weeks - look at the triggered trades section most of those you
could have bought and held for many many days. Yes occasionally we
have some that pop and done but most are decent daily patterns and
thus play out over days or weeks. not one day
I agree with what you said Matt.... For example i sold ALL my
stock and calls on AMD yesterday before close and it was such a
stupid move. Same with BABA. I got whipsawed so many times and i
was in and out mutiple times though i stayed in for most part.
There is a lot of intraday whipsaw . Honestly i dont know how
to use trailing stops or DVT`s. That would be very helpful
especially if we cant stay by the computer .
But as Ssaffer said the other day - if we follow your trade set
ups, we can catch a lot of trades. I chose to narrow it down to
quality names only because they are safer and have more liquidity
etc and it has worked extremely well
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the vast majority of the
TSLA - Chart Link - buying that coil break 3 weeks ...
Posted by matt on 10th of Jun 2020 at 04:28 pm
the vast majority of the trade ideas after reviewing them over and over each night trade out of their patterns for 3 - 5 days at least - the vast majority are not one day pops and done where you had to be a day trader. Go review newsletters from the last few weeks - look at the triggered trades section most of those you could have bought and held for many many days. Yes occasionally we have some that pop and done but most are decent daily patterns and thus play out over days or weeks. not one day
WORK is another example...i entered
Posted by arun on 10th of Jun 2020 at 04:47 pm
WORK is another example...i entered after it stabilized at 30-31 and sold 2 days before earnings
I agree with what you
Posted by arun on 10th of Jun 2020 at 04:42 pm
I agree with what you said Matt.... For example i sold ALL my stock and calls on AMD yesterday before close and it was such a stupid move. Same with BABA. I got whipsawed so many times and i was in and out mutiple times though i stayed in for most part. There is a lot of intraday whipsaw . Honestly i dont know how to use trailing stops or DVT`s. That would be very helpful especially if we cant stay by the computer .
But as Ssaffer said the other day - if we follow your trade set ups, we can catch a lot of trades. I chose to narrow it down to quality names only because they are safer and have more liquidity etc and it has worked extremely well