Posted by padraigm on 15th of May 2009 at 11:19 am
That is a tight stop. Everyone is different but I usually allow
4 to 8% depending on the volatility of the stock. You had a 1%
stop. If it was intended to be a day trade no problem. if you
expected to hold it for a few days or more a wider stop is
appropriate.
I agree. Yesterday, I took 11 positions from your list in the AM
and flipped all in the first 90 minutes. Only one was a loser. I
was a happy camper. The irony is that for every $$ I made yesterday
I left $3 on the table at today's prices. I am not complaining
since I had no intention of carrying overnight. It is just a matter
of the time frame you choose.
I am more long than short at the moment but my gut tells me the
sellers will win. Experience has taughr me to never follow my gut
without the technicals confirming.
The community is delayed by three days for non registered users.
Lite volume
Trade Ideas
Posted by padraigm on 16th of Jul 2009 at 02:27 pm
Lite volume
I'll buy something and stop
One short stop hit on QID and other ones might ...
Posted by padraigm on 15th of Jul 2009 at 09:49 am
I'll buy something and stop that in a hurry!
That is just wonderful. I
US Senior Open
Posted by padraigm on 30th of Jun 2009 at 10:15 am
That is just wonderful. I wish you a ton of luck!
Another view of Tick
Posted by padraigm on 18th of Jun 2009 at 04:10 pm
A few other numbers to
EW Potential Targets
Posted by padraigm on 11th of Jun 2009 at 01:49 pm
A few other numbers to watch on the S&P are:
966 the 50% retrace form the 9-19-08 high to the March lows.
990 the 50% retrace from the 8-11-08 highs to the March lows
1014 the 38.2% retrace of the whole decline from the 10-11-07 highs
The referenced highs were 1265, 1313, and 1576. The low was 667. All rounded.
Pat
Brilliant!
Baskin-Robbins news
Posted by padraigm on 11th of Jun 2009 at 01:36 pm
Brilliant!
That is a tight stop.
What I did wrong
Posted by padraigm on 15th of May 2009 at 11:19 am
That is a tight stop. Everyone is different but I usually allow 4 to 8% depending on the volatility of the stock. You had a 1% stop. If it was intended to be a day trade no problem. if you expected to hold it for a few days or more a wider stop is appropriate.
Pat
IYR is the 1x RE XLF
1x etfs.
Posted by padraigm on 7th of May 2009 at 06:22 pm
IYR is the 1x RE
XLF is the 1x Financial
SH is the 1X short S&P 500
PSQ is 1x short the Q's
Make sure they are liquid.
Try this site for other candidates:
http://tradermike.net/2007/03/list_of_inverse_short_bear_etfs_/
Pat
I agree. Yesterday, I took
Matt's 15 min SPX
Posted by padraigm on 1st of May 2009 at 01:57 pm
I agree. Yesterday, I took 11 positions from your list in the AM and flipped all in the first 90 minutes. Only one was a loser. I was a happy camper. The irony is that for every $$ I made yesterday I left $3 on the table at today's prices. I am not complaining since I had no intention of carrying overnight. It is just a matter of the time frame you choose.
Thanks for your great ideas.
Pat
I am more long than
Matt's 15 min SPX
Posted by padraigm on 1st of May 2009 at 01:48 pm
I am more long than short at the moment but my gut tells me the sellers will win. Experience has taughr me to never follow my gut without the technicals confirming.
Matt's 15 min SPX
Posted by padraigm on 1st of May 2009 at 01:28 pm
It looks like an inverted H&S forming
Thanks Ravun
Latest
Posted by padraigm on 29th of Apr 2009 at 12:30 pm
That was great.
Pat
Remember it is a system.
Parabolic SAR
Posted by padraigm on 25th of Apr 2009 at 09:20 am
Remember it is a system. If you use Parabolic SAR you have a variation of the original. You need to test it to know if it helps or hinders.
Pat
Thanks Matt. Scalped 65 cents
STEC
Posted by padraigm on 24th of Apr 2009 at 12:49 pm
Thanks Matt. Scalped 65 cents on half.
STEC
Posted by padraigm on 24th of Apr 2009 at 11:00 am
STEC mentioned earlier in the week may be BO
Bull Trap!
Blog short squeeze
Posted by padraigm on 24th of Apr 2009 at 10:10 am
Bull Trap!
DOW and SPX triggered
Posted by padraigm on 24th of Apr 2009 at 10:01 am
DOW and SPX triggered
Alternate View of Up Dn Volume Intraday
Posted by padraigm on 22nd of Apr 2009 at 04:54 pm
Absolutely!
As
Posted by padraigm on 21st of Apr 2009 at 09:29 am
Absolutely!
S&P 500 A few points of interest
Posted by padraigm on 17th of Apr 2009 at 02:00 pm
875 is a 75% retrace from 1-6-09 High to 3-06 Low
877 is .618 retrace from 11-04-08 H to March Low
878 is the 1-28-09 High
882 is a 1/3 retrace from the 8-11-2008 High
855 was a 50% retrace from the 10-14-08 High at 1044. The .618 level is 900
Pat