StockFetcher Forums · General Discussion · Any FAS/FAZ traders here?<< 1 ... 13 14 15 16 17 >>Post Follow-up
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?

Eman93
4,659 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........



karennma
6,831 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!
:>(


karennma
6,831 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.


karennma
6,831 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.


karennma
6,831 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!



karennma
6,831 posts
msg #75626
Ignore karennma
6/19/2009 9:38:09 AM

in 4.81


karennma
6,831 posts
msg #75628
Ignore karennma
6/19/2009 9:49:28 AM

shudda gotten out @ 4.87, but I NEED 0.10cents.
:>)


johnpaulca
11,312 posts
msg #75632
Ignore johnpaulca
6/19/2009 10:01:55 AM

If the DJX drops below 86 I will scalp FAZ long

karennma
6,831 posts
msg #75635
Ignore karennma
6/19/2009 10:10:16 AM

out 4.91


StockFetcher Forums · General Discussion · Any FAS/FAZ traders here?<< 1 ... 13 14 15 16 17 >>Post Follow-up

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