karennma
8,057 posts
msg #75589
- Ignore karennma |
6/18/2009 9:45:57 AM
I don't believe this ...
Went to take the dog out, and the darn thing hit 5.22 in a split second!
Geez!!
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johnpaulca
12,036 posts
msg #75590
- Ignore johnpaulca |
6/18/2009 9:46:23 AM
Karen...I get better results when entering FAZ if the DJX is overbought...imho.
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karennma
8,057 posts
msg #75596
- Ignore karennma |
6/18/2009 10:13:24 AM
Hey JP:
I'm only trading FAZ.
I have a system I've worked out where I trade multiple times for just 0.10 cent moves.
It WOULD'VE worked this morning had I not left my desk!
Had I gotten out @ 5.20, which occurred within 3 minutes ... I could've gotten back in @ $4.96.
Then I'd sell later in the day @ 5.07.
Oh well ... this is not the 1st time this has happened to me.
I keep forgetting, I can't leave my desk when I'm doing this.
LOL!
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BEEZER30
23 posts
msg #75602
- Ignore BEEZER30 |
6/18/2009 12:43:29 PM
karennma,
Don't suppose you would want to share your .10 cent system?
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Eman93
4,750 posts
msg #75610
- Ignore Eman93 |
6/18/2009 5:56:32 PM
Why dont you enter a sell at limit ?
I do it because I cant watch either........
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karennma
8,057 posts
msg #75622
- Ignore karennma |
6/19/2009 8:16:22 AM
Eman:
I screwed up bigtime yesterday.
I usually put the sell order in immediately after the buy's been filled.
But, yesterday, after I put in the order, I got up and put the dog out and emptied the trash.
That took about 2 minutes.
When I came back, the daRn thing had already moved 20 cents.
My heart sunk. It was the "sick, empty" feeling I'm all too familiar with.
I KNEW the mistake I'd make immediately.
Sloppiness and overconfidence will screw you up everytime!
:>(
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karennma
8,057 posts
msg #75623
- Ignore karennma |
6/19/2009 8:25:54 AM
Beezer:
I'm not doing anything "special".
On a cheap stock (under $5) like FAZ, a 0.10 cent move on 2,000 shrs will give you $200/day minus commission. If you trade it twice, $400/day.
Yesterday, thank G*d, I only bought 1,000 shrs, 'cause it turned out to be a failed trade. (see post, mistake documented).
It was a good trade in the sense that I GOT the move within 3minutes, BUT, I neglected to put the sell order in immediately, so I scr*wed myself.
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karennma
8,057 posts
msg #75624
- Ignore karennma |
6/19/2009 8:35:32 AM
Beezer:
What I do is check the futures. Right now, the futures are up.
That means FAZ will be down BIGTIME, which is good ... another opportunity.
I will continue to post here. .. my failures as well as successes.
If I don't post, I'm not trading.
I don't trade everyday.
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karennma
8,057 posts
msg #75625
- Ignore karennma |
6/19/2009 8:41:39 AM
Beezer:
Today is options expiration, which makes trading FAZ all the more dangerous.
I DON'T like "danger".
LOL!
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karennma
8,057 posts
msg #75626
- Ignore karennma |
6/19/2009 9:38:09 AM
in 4.81
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