TheRumpledOne 6,529 posts msg #69942 - Ignore TheRumpledOne |
12/19/2008 12:47:22 PM

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yoohan 4 posts msg #69976 - Ignore yoohan |
12/21/2008 10:04:29 AM
TRO: Thank you for sharing your knowledge and insights with us. I have for some time now read most of what you have written about trading on various forums to try to understand your trading strategy.
If I understand you correct you first focus on closing or fade the gap from yesterday. Once the gap is closed you either go long or short once stock enters the long or short zones. When the stock starts to go in the wrong direction you cover your position.
Regarding APPL on 12/19; did you enter short shortly after 07:00, once it started to head south and kept it until the gap was closed or did you enter short once the stock was in the short zone?
Entering short on APPL on 12/19 only when the stock was in the short zones it would have meant that you had entered the stock about 5-6 times on the short side and covered soon after entry with about a 20 cent loss per trade. And then finally on the 6th time it would have been possible to make a 80 cent profit.
Many thanks
//Yoohan
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TheRumpledOne 6,529 posts msg #69977 - Ignore TheRumpledOne modified |
12/21/2008 12:48:12 PM
I don't see how you figure losses?
There were plenty of dimes to be taken.
REMEMBER, price does NOT have to actually fill the gap for you to make money.
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TheRumpledOne 6,529 posts msg #69988 - Ignore TheRumpledOne |
12/22/2008 9:55:21 AM

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TheRumpledOne 6,529 posts msg #69998 - Ignore TheRumpledOne |
12/23/2008 10:25:14 AM

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TheRumpledOne 6,529 posts msg #70011 - Ignore TheRumpledOne |
12/24/2008 9:51:55 AM
Waiting....
One thing about the BUY ZONE... it's hard to over trade if you stick to the rules.
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TheRumpledOne 6,529 posts msg #70044 - Ignore TheRumpledOne |
12/26/2008 3:25:56 PM

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TheRumpledOne 6,529 posts msg #70074 - Ignore TheRumpledOne |
12/28/2008 4:49:03 PM

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TheRumpledOne 6,529 posts msg #70091 - Ignore TheRumpledOne |
12/29/2008 9:36:53 AM

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TheRumpledOne 6,529 posts msg #70117 - Ignore TheRumpledOne |
12/29/2008 11:08:56 AM
Trading is 99% waiting...
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