I always have S&R in my mind as I watch it but sometimes
they push it past those points..I was gonna do a mkt order I rarely
do a limit--unless I want out...Lots of times--having traded
different instruments over the years--you just get a "feel"
watching the stock---I gotta watch a stock for a bit--I just cant
look at it and say thats the price---Im sure you get a feel for a
stock watching it--right or wrong....Of course I cant be right all
the time
Anyway--its down to 132.15--I was lookin for the stock to be
unchanged on the day so I would have waited--OH WELL back to the
drawing boards((trading boards-lol)
Now I get pissed cause I gotta watch something else and I had
the right call
RP--I still may short it but thats when I make a bad--or poor
timing trade--sort of chasing it---I always prefer the stock comes
to me---will let you know if I trade it but if I do it will only be
a scalp type trade not 1-2 points-I missed that
But I am looking at Steel---X now
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RIMM
Posted by arl3080 on 7th of May 2008 at 11:57 am
I always have S&R in my mind as I watch it but sometimes they push it past those points..I was gonna do a mkt order I rarely do a limit--unless I want out...Lots of times--having traded different instruments over the years--you just get a "feel" watching the stock---I gotta watch a stock for a bit--I just cant look at it and say thats the price---Im sure you get a feel for a stock watching it--right or wrong....Of course I cant be right all the time
Anyway--its down to 132.15--I was lookin for the stock to be unchanged on the day so I would have waited--OH WELL back to the drawing boards((trading boards-lol)
Now I get pissed cause I gotta watch something else and I had the right call
RIMM
Posted by arl3080 on 7th of May 2008 at 12:07 pm
RP--I still may short it but thats when I make a bad--or poor timing trade--sort of chasing it---I always prefer the stock comes to me---will let you know if I trade it but if I do it will only be a scalp type trade not 1-2 points-I missed that
But I am looking at Steel---X now