gruender
101 posts
msg #45797
- Ignore gruender |
7/14/2006 1:03:59 AM
Hi Niko, I was able to do some quick trading in and out up until noon when I went to lunch. After lunch I was going long because the market was getting stronger since the open. So when priced rolled over, I quickly gave up $600 of profit before I reversed and then went short. I did some quick scalps and got back $400 of my lost profits. Since I was looking at the trees instead of the forest, I too didn't realize what a great short there was the rest of the afternoon. If I had kept my shorts without touching the trigger to take small profits, it would have been a day of several $k's of profit! It was a profitable day, but I sure left alot on the table again. It gets back to patience and the willingness to let price bounce around without immediately getting out.
Let's look forward to tomorrow. Joe
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gruender
101 posts
msg #45804
- Ignore gruender |
7/14/2006 9:45:02 AM
long at 1247.50
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gruender
101 posts
msg #45805
- Ignore gruender
modified |
7/14/2006 9:50:55 AM
out at 1247, possible bottom but don't want to pay to see if it is. Joe
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nikoschopen
2,824 posts
msg #45807
- Ignore nikoschopen |
7/14/2006 9:55:22 AM
short @ 1245.25
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nikoschopen
2,824 posts
msg #45809
- Ignore nikoschopen |
7/14/2006 10:07:46 AM
Damn, awful timing!
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nikoschopen
2,824 posts
msg #45810
- Ignore nikoschopen |
7/14/2006 10:08:24 AM
Out @ 1245.50
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gruender
101 posts
msg #45811
- Ignore gruender |
7/14/2006 10:10:23 AM
here I sit here thinking long when the trend has been down!
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gruender
101 posts
msg #45812
- Ignore gruender |
7/14/2006 10:12:48 AM
long at 1246.50 -- time to make some money
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nikoschopen
2,824 posts
msg #45813
- Ignore nikoschopen |
7/14/2006 10:14:34 AM
I need to see 2 consecutive candles before committing myself to the long side.
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gruender
101 posts
msg #45814
- Ignore gruender |
7/14/2006 10:16:19 AM
we need to get through 1247.25 (wall) in order to get to 1248
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