TheRumpledOne
6,411 posts
msg #67642
- Ignore TheRumpledOne |
9/23/2008 11:16:20 AM
James:
NO ONE KNOWS WHAT WILL HAPPEN NEXT, ME INCLUDED.
I just trade what and how the statistics tell me to trade.
So if you buy on Monday and the stock drops you can either:
1) stop out
2) wait it out
3) add to your position
There's another way to look at it...
Say you buy 5 stocks.
Instead of selling the individual stocks when they hit 1%, you sell when the accumulated profit is 1%. So you might have mixture of losers and winners when you sell, but your total portfolio profit is still 1%.
Once again...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!!
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jimichelssf
12 posts
msg #67645
- Ignore jimichelssf |
9/23/2008 11:39:54 AM
TRO:
Thanks!
I'm going to try it for a while. It's seems to be wicked simple.
I'll try to let you know how it progresses... and when I think myself into a hole I'll ask for a refresher.
James
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chetron
2,817 posts
msg #67726
- Ignore chetron
modified |
9/25/2008 7:14:48 AM
HOW ABOUT WHICH IS A BETTER BET??????????
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tomm1111
202 posts
msg #67839
- Ignore tomm1111
modified |
9/29/2008 12:08:31 AM
Last Monday was in and out within 30 min.
This week I may have to get some extra helpings.
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StJoe
91 posts
msg #67842
- Ignore StJoe |
9/29/2008 6:48:20 AM
tomm,
What stock did you go after?
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TheRumpledOne
6,411 posts
msg #67846
- Ignore TheRumpledOne |
9/29/2008 9:22:31 AM
tomm1111
modified 9/29/2008 12:08:31 AM
Last Monday was in and out within 30 min.
This week I may have to get some extra helpings.
===================================
DO NOT BE GREEDY!!!
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tomm1111
202 posts
msg #67892
- Ignore tomm1111 |
9/30/2008 12:18:36 AM
I only took one position today, as I realized it wasn't going to be ordinary day. VVUS. Even just one position was a risk, but I thought the bill would clear the house and get some sort of a bounce.
Not surprisingly, it's down today. I will be watching it closely tomorrow. This, and the pile of cash I'm sitting on, are my only two positions.
IMHO, the only people who should be trading right now are experience day traders. The risk/reward isn't right for swing trades. (or those who cannot be in front of a computer during market open.)
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tomm1111
202 posts
msg #67893
- Ignore tomm1111 |
9/30/2008 12:28:06 AM
DO NOT BE GREEDY!!!
---------------------------------
That is good advice. Thx.
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johnpaulca
12,036 posts
msg #67897
- Ignore johnpaulca |
9/30/2008 12:50:59 AM
I will keep trading old faithful TWM every day in this crappy market. It was up nicely today about 15%, it's a fairly easy stock to trade.
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mystiq
650 posts
msg #67900
- Ignore mystiq |
9/30/2008 5:33:31 AM
chetron
- Ignore chetron
modified 9/25/2008 7:14:48 AM
HOW ABOUT WHICH IS A BETTER BET??????????
Fetcher[
/* SHOULD I BUY OR SHOULD I SHORT NOW */
/* TRO STAT SCAN for LONG SWING TRADERS - use only on Saturday and Sunday */
===============================================================================
chetron-
do i run each filter individually, (short swing traders/long swing traders) or together..? for the full effect..?
i get over 1,620 hits for the LONG swing & over 70 hits for the SHORT swing...(ran the filter Tues 05:30/ i know it is for sat/sun use only)- thx mystiq
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